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Kenya

Transition at Britam as Benson Wairegi Hands over Leadership to Tavaziva Madzinga

NAIROBI, Kenya, Feb 2 –After 40 years of diligent service, most of it at the pinnacle; steering Britam Holdings Plc as Group Managing Director, the C-suite doors at Britam revolved today when Benson Wairegi, formally handed over the company’s reins of leadership to  Tavaziva Madzinga effective today February 1st 2021.

Wairegi leaves the NSE-listed company, happy with the tremendous growth and development that Britam Holdings Plc. has achieved over the past four decades, transforming the once modest home service Life insurance firm into a Pan-African financial services powerhouse

Wairegi also led Britam’s forays into the region, driving the now largest life insurance firm into six others East, Central and Southern Africa markets. He retired on December 31st, 2020.

While handing over the reins of leadership to Madzinga, Wairegi welcomed the new Group Managing Director and wished him well.

“I am delighted to handover to you the overall management of Britam Holdings Plc. You can count on my support and I am confident that you will lead the company into new frontiers,” said Wairegi.

On his part, Madzinga, thanked Wairegi for his long and enduring service that saw him not only champion the growth of Britam Holdings Plc. but also for his personal contribution to the development and growth of the insurance industry in Kenya and the region.

“I feel privileged and appreciate the board’s confidence and support. The detailed handover and transitioning plan in place will enable me tap into Dr. Wairegi’s vast experience. I look forward to working closely with the staff, management and the board together with our partners and clients to chart the next course for Britam in the years to come,” said Madzinga.

Madzinga said Britam’s stakeholders can expect continued growth and expansion into new markets and a focused client value driven by new technology.

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