He replaces Kenyan, Dr.
Benson Irungu who is retiring on 31st January after 40 years. His appointment
followed an in-depth recruitment process that spanned over two years. “The
Board is confident that the Company will benefit immensely from Mr. Madzinga’s
skills, knowledge, and vast experience,” the firm said.
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 of Swiss Re (UK and Ireland), Managing
Director, Swiss Re Middle East, and Africa, Regional Chief Executive Officer
South and East Africa Old Mutual.
He worked for Swiss Re for three years and at Old Mutual
for 16 years which included being Chief Executive Officer in Kenya.
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