Britam picks former CIC Insurance boss Tom Gitogo as new MD businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Madzinga’s appointment followed an in-depth recruitment process which according to Britam spanned over two years.
He takes over from Benson Irungu Wairegi who is set to retire as Britam boss by 31st January 2021.
In an internal circular to directors and staff at Britam issued, company chairman Andrew Hollas said that Wairegi has served Britam diligently for 40 years and has helped grow the company from a small home service insurance to a listed multinational company at the Nairobi Securities Exchange, with presence in 7 countries in Africa.
“On behalf of our shareholders and the Board, I want to express my deep appreciation to Dr. Wairegi for his steady leadership which has seen Britam experience rapid growth during his tenure as the Group Managing Director. The Board appreciates Dr. Wairegi’s service and wish him the very best in his future endeavors. As a result of his experience in the Industry, Britam will continue tapping into his skills in different capacities,” said