Change of Guard at Britam


By Douglas Muriithi

Dr. Benson Irungu Wairegi is set to retire as Britam Holdings Plc Group

Managing Director effective 31st January 2021.

In an internal circular to directors and staff at Britam, company

chairman Andrew Hollas said that Dr. 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 Board Chairman, Andrew Hollas.

At the same time, the chairman announced the appointment of Mr.

Tavaziva Madzinga who will be taking over from Dr. Wairegi as the Group

Managing Director of Britam Holdings Plc Group, effective 1st February


Mr. 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. He worked for Swiss Re for 3 years and at Old Mutual for 16

years which included being Chief Executive Officer in Kenya.

Mr. Madzinga’s appointment followed an in-depth recruitment process

which spanned over two years.

“The Board is confident that the Company will benefit immensely from

Mr. Madzinga’s skills, knowledge and vast experience,” Hollas


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