trending Market Intelligence /marketintelligence/en/news-insights/trending/T47Q0b0zh2K66GMWg5jTfg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: Kenya's First Assurance managing director leaves

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

Report: Kenya's First Assurance managing director leaves

Stephen Githiga has left Kenyan insurance firm FirstAssurance, where he had served as managing director since 2003, Business Daily Africa reported.

BarclaysAfrica Group Ltd. acquireda 63.3% stake in First Assurance in September 2015 for about 2.9 billion Kenyanshillings, the paper noted in its July 5 report.

Lanz Zulu, Barclays Africa's managing executive for wealthinvestment management and insurance, said Githiga "will be moving on topursue other interests outside the group." William Maara will take over asacting managing director of First Assurance in addition to his role as BarclaysLife Assurance Kenya managing director, subject to regulatory approval.

As of July 5, US$1 wasequivalent to 101.16 Kenyan shillings.