, NAIROBI, Kenya, Feb 10 – Listed firm British American Investments Company has implemented a new staff realignment program as it seeks to enhance its service delivery.
Group Managing Director Benson Wairegi said the changes that mainly affected the top management are in line with their new status as a public company and aim to help them to be more responsive to customers and stakeholders.
The realignment has seen the roles of those in charge of the Information Technology division, corporate affairs, as well as the duties of the Company Secretary enhanced.
“We have revamped our corporate affairs unit and giving it a senior executive representation at director level because as a listed company, we have to be on the forefront as regards our corporate image as this impacts on our service delivery and corporate reputation,” Wairegi stated.
Wairegi announced that Muthoga Ngera has been appointed the new director, marketing and corporate affairs while Jack Maina will now be the new Chief Information Officer, responsible for IT operations, project management and information security and compliance.
Nancy Kiruki is the new director legal, human resources and company secretary.
“We need to realign our offering to staff, and that is why we have expanded the role of our company secretary, who also sits on the board, to include human resource and talent development, so that we can achieve the demand of our ambitious growth strategy,” the MD added.
Edwin Dande will stay on as the Managing Director of the Asset Management Company mandated to expand the business through the launch of frontier markets fund.
David Kuria on the other hand continues in his role as the Chief Executive Officer/Principal Officer of the company’s newest establishment, Britam Insurance Uganda.
“David will be responsible for growing the business in Uganda, which has limited insurance penetration, by developing tailor made products suitable for the Ugandan market and increasing the market share of the company in that market,” Wairegi explained.
The company launched its Initial Public Offer in July 2011 where it managed to rake in Sh3.5 billion against a set target of Sh5.85 billion.
The firm plans to use proceeds from the IPO to open up new outfits in the East African region as it looks to increase its footprint.
The staff realignment program is therefore key in enabling them to effectively position themselves to take advantage of the huge potential that the neighbouring countries present.