Britam board of directors and Executive Team - Kenya
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Executive and Directors Team
Our Leadership Team
Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi. The group offers a wide range of financial products and services in Insurance, Asset management, Banking and Property.
- Mr. Mohamed Said KaramaActing Group ChairmanMr. Karama holds a Bachelor of Science Degree from University of Maryland and is a Certified Public Accountant and a Certified Government Financial Manager. He has diversified consulting skills, comprehensive IT transformation experience and extensive knowledge of the public sector, financial services and healthcare industries. Mr. Karama has been a partner at PriceWaterhouseCoopers, leading advisory services both in Kenya and in the United States. He has over 25 years of global experience in both developed and emerging markets.Mr. Tavaziva MadzingaGroup Managing DirectorMr. Tavaziva Madzinga is an actuarial scientist, holder of a Bachelor of Science Degree from the University of Cape Town and has attended INSEAD Business School, France and Harvard Business School. He has over 20 years’ experience in the Insurance industry and has served in various capacities which include Chief Executive Officer Swiss Re (UK & Ireland), Managing Director, Swiss Re Middle East & Africa, Regional Chief Executive Officer South & East Africa Old Mutual.DR. BENSON I. WAIREGIDr. Wairegi He holds an Honorary Doctorate Degree from Kenyatta University, a Masters of Business Administration Degree and Bachelor of Commerce Degree both from the University of Nairobi and is a Certified Public Accountant (CPA-K). He has been with Britam for over 37 Years. He is also the Chancellor of Kenyatta University, a former chairman of the Association of Kenya Insurers (AKI) and former board member of the Board of Trustees of the Insurance Training and Education Trust (ITET). He is also a director of HF Group Limited and Scale Up Kenya (an affiliate of Endevour Global Inc.)DR. PETER K. MUNGA, CBSNon-Executive DirectorDr. Munga holds an Honorary Doctorate in Business Administration (Honoris Causa) from United Graduate College and Seminary. He is a Certified Public Secretary with vast experience in both public and private sector management. He also holds the Yara Prize for a Green Revolution in Africa Laureate 2009 award. He is a retired Deputy Secretary in the Government of Kenya and a former Chairman of Equity Bank Limited, former Chairman of National Oil Corporation of Kenya (NOCK. He is an enterprising businessman and runs the Pioneer Group of Schools. He is also a director of HF Group Plc, the Chairman of Equatorial Nut Processors Ltd and Chairman of Fresho International Limited.MR. JIMNAH M. MBARU, EBSNon-Executive DirectorMr. Mbaru is the Chairman of Dyer and Blair Investment Bank Limited. He is also a director of several other financial and non-financial institutions including Nairobi Securities Exchange, a public quoted company on the NSE and Sanlam Africa Core Real Estate Investors Limited, listed on the Mauritius Stock Exchange. He is a former chairman of the African Stock Exchanges and is a former member of the National Economic and Social Council. Mr. Mbaru holds a Master of Business Administration Degree from IMD in Lausanne, Switzerland, a Bachelor of Commerce degree and a Bachelor of Laws degree both from the University of Nairobi. He is a fellow of the Kenya Institute of Management. Mr. Mbaru is the Chairman of Dyer and Blair Investment Bank Limited and a former chairman of the African Stock Exchanges and is a former member of the National Economic and Social Council. He is also a director of Occidental Insurance Limited, Nairobi Securities Exchange and Sanlam Africa Core Real Estate Investors Limited.MS. CAROLINE KIGENNon-Executive DirectorMs. Kigen holds a Bachelor of Commerce (Accounting) Degree and a Master of Business Administration Degree from the University of Nairobi. She is a Certified Public Accountant (CPA, K) and a Member and Fellow of the Institute of Certified Public Accountants of Kenya (ICPAK). She has wide experience in accounting, financial management and corporate governance. She has been the CEO of ICPAK during which the Institute participated in policy making in Kenya and beyond. She has also worked as an accounting lecturer at both the University of Nairobi and Strathmore University and at PricewaterhouseCoopers in audit and assurance. Ms. Kigen has extensive Board experience having served in various boards and committees locally and internationally including at the International Federation Of Accountant’s (IFAC).MARIANNE LONERNon-Executive DirectorMs. Loner holds a Master in Business Administration from the Graduate school of Business Administration New York University. She has over thirty years’ experience in financial services and asset management. She also serves as a Director at Sura Asset Management S.A. Colombia, Procredit Holdings AG & Co Frankfurt, Procredit Bank SA Romania, and Amundi Planet Sicav-SIF, Luxembourg.AFRICINVEST III SPV- Corporate Director- Represented by Mr. George OdoNon-Executive DirectorAfricInvest is registered in the Republic of Mauritius and is a consortium of AfricInvest Fund III LLC, Deutsche Investitions-und Entwicklungsgesellschaft mbH, (DEG), the German development finance corporation, The Nederlandse Financierings-Maatschappij voor Ontwickkelingslanden N.V. (FMO), the Netherlands-based bilateral development bank, and Societe de Promotion et de Participation pour la Cooperation Economique, (Proparco), the French State registered development finance corporation. It is uniquely positioned as one of the most experienced private equity investors in the region, with dedicated investment teams focused on North Africa and Sub-Saharan Africa, employing around 75 professionals based in 9 offices, of which 8 in Africa, 1 in France. It t has over USD. 1.5 Billion assets under management and has invested in more than 150 companies across 25 African countries in a variety of high growth sectors. It maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare. Mr. George Odo is the Managing Director for AfricInvest East Africa, and a Senior Partner in AfricInvest Group, a leading Private Equity firm in Africa, where he is responsible for the operations of AfricInvest in the Eastern & Southern Africa region. Mr. Odo has almost 30 years work experience working in Accounting, Auditing, Insurance, Agribusiness, SME Business Advisory, International development and Private Equity. He has more than 15 years Board experience in various local, regional and international companies in various sectors including; Agribusiness, Banking, Insurance, Micro finance, FMCG, Education, Pharmaceutical and International development.Mr. Christopher MinterNon-Executive DirectorMr. Minter holds a Master of Law and History degree from the University of Cambridge and is a Fellow of the Institute of Chartered Accountants in England and Wales. He is the Head of Principal Investments & Acquisitions at Swiss Re Ltd and has over 25 years’ experience in Investments Management, Private Equity, Corporate Development and Finance. Prior to joining Swiss Re, he held a number of senior positions at Deutsche Bank between 2001 and 2012. Between 1993 and 2001, he worked for PricewaterhouseCoopers in Prague and Zurich, where he advised international clients across a range of transactions and situations.Ms. Josephine OssiyaNon-Executive DirectorMs. Ossiya holds a Bachelor of Commerce degree and a Master of Business Administration degree in international business. She is a member of the Institute of Certified Public Accountants of Uganda (ICPAU), a Fellow of the Association of Chartered Certified Accountants UK (ACCA) and a Member of Institute of Internal Auditors Inc US (IIA). She is a is a finance professional with over 20 years’ experience in financial services, strategic planning, audit and treasury. She has worked in various sectors including energy, oil & gas, pension, financial services, real estate and telecommunication. She has worked extensively within Africa, in Uganda, Ghana, Kenya, DR Congo, Zambia, and South Africa. She is also a board member of the Bank of Uganda.Mrs. Nancy K. KirukiCompany SecretaryMrs. Kiruki holds a Master of Laws degree (LL.M) from the University of Cape Town and a Bachelor of Laws degree (LL.B) from the University of Nairobi. She is also a Certified Public Secretary (CPS), an advocate of the High Court of Kenya, a Commissioner of Oaths, Notary Public, Certified Governance Auditor, Certified Executive Leadership Coach and a Certified Human Resources Manager. She is the Director, Legal & Company Secretary and has been with Britam Group for over 10 years. Prior to this, she was the Director Legal and Human Resource Britam.
- Mr. Tavaziva MadzingaGroup Managing DirectorMr. Tavaziva Madzinga is an actuarial scientist, holder of a Bachelor of Science Degree from the University of Cape Town and has attended INSEAD Business School, France and Harvard Business School. He has over 20 years’ experience in the Insurance industry and has served in various capacities which include Chief Executive Officer Swiss Re (UK & Ireland), Managing Director, Swiss Re Middle East & Africa, Regional Chief Executive Officer South & East Africa Old Mutual.GLADYS M. KARURIPrincipal Executive Director(Finance, Strategy and operations)DR. MUTHOGA NGERACorporate and External Affairs DirectorNANCY K. KIRUKIDirector , Legal & Company SecretaryJAMES MAITHODirector, Human ResourcesSTEVE B. MAGATIGroup Head of Internal AuditBETTY MUTHONI MWANGIGroup Commercial DirectorJACK W. MAINAGroup Chief Operating OfficerKENNEDY B. AOSADirector, International Insurance BusinessKENNETH KANIUCEO, Britam Asset Managers (K) Limited.AMBROSE DABANICEO & Principal Officer - Britam Life AssuranceCompany (K) Limited.EDWARD KURIAChief of StaffCAROL MISIKOGroup Chief Risk & Compliance OfficerJUDE ANYIKOGroup Chief Investment OfficerSUSAN KARIUKIChief Actuary & Product Development ManagerFRIDACLARE K. KATUSYAChief Finance Officer, Group FinanceLevi NyakundiGroup Marketing & Communication DirectorSaurabh SharmaGeneral Manager - Britam MicroInsuranceJACKSON THEURICEO & Principal Officer - Britam General InsuranceAsk Britam