Nairobi, Jan. 18 -- Insurance Group Britam Holdings has appointed Tavaziva Madzinga, a strategy expert, as its chief executive to replace long-serving Benson Wairegi, who is retiring at the end of this month after 40 years of service.

The appointment of Mr Madzinga, an actuarial scientist who previously served as chief executive of Old Mutual's operation in Kenya, takes effect on February 1, 2021 and ends a two-year talent search.

He is credited with successfully developing, driving and executing Old Mutual's strategy in Southern and East Africa as well as helping to transform Swiss Re's insurance and savings business in the UK and Ireland.

"The board is confident that the company will benefit immensely from Mr Madzinga's skills, knowled...