Richard Byarugaba (2nd left) rewards outstanding agents at the Agency Half Year Awards and Recognition Ceremony at Hotel Africana on Wednesday.The Board Chairman of Old Mutual Investment Group Uganda, , Richard Byarugaba, has revealed that Uganda’s economy continues to grow steadily, with the country’s GDP expanding by 6.06% in the last Financial Year, bringing the size of the economy to approximately USD 41.3 billion.Within this wider economy, Byarugaba says Old Mutual Investment Group has made significant progress.“The last quarterly report issued by the Capital Markets Authority noted significant growth in the collective investment schemes space with Total Assets Under Management of about 4.2 trillion as of the end of March, and I am happy to say we control 67% of the industry’s total Assets Under Management with 2.8 trillion. While this represents a modest share of the national economy, it is a meaningful step forward in deepening Uganda’s financial markets and giving more Ugandans access to investment opportunities,” said Byarugaba.Byarugaba made this revelation on Wednesday at the Old Mutual Investment Group Agents Half-Year Awards and recognition held at Hotel Africana in Kampala.“This achievement would not have been possible without you, our agents, who continue to build trust with clients and expand access to financial services across the country,” he added.The gathering was meant to equip agents with skills and knowledge that will make them even more effective in the market and to celebrate their hard work and recognize those who have gone above and beyond in delivering value to clients.“You are our face in the market. When clients think of Old Mutual, they think of you. That’s why your growth is our growth. By training, recognizing, and supporting you, we’re ensuring that together, we deliver unmatched value to our clients. Our success as an organization depends on your passion, resilience, and unwavering commitment to putting the customer first,” said Byarugaba. “My vision is simple: to position OMIGU as the most trusted investment partner in Uganda. We will achieve this by delivering innovative solutions that meet real needs, putting the customer at the center of every decision, and building long-lasting relationships based on trust and service excellence. Every client interaction must build confidence in our brand and strengthen customer loyalty.”Byarugaba pledged to “ensure you have the tools, training, and support you need to excel.”“We’ll continue investing in digital tools that make your work more efficient, ongoing training, and a supportive culture where you can thrive. When we empower you, we empower the entire organization.”Looking ahead, Byarugaba said that “the market is competitive, but Old Mutual is uniquely positioned to lead.”“With our strong brand heritage, focus on innovation, and your energy on the frontlines, there’s no limit to what we can achieve together. My promise to you: I’ll work closely with management to ensure we keep moving forward together.” The post Collective Investment Schemes: Old Mutual Investment Group Controls 67% Of Industry’s Total Assets appeared first on Business Focus.