• Britam has retained six key executives, with new mandates, from the previous Executive team, appointed one new executive member on promotion whilst announcing a new appointee who was externally sourced. • The new Executive leadership team includes; Eva Kimani- Director, Partnerships & Digital, Carol Misiko – Director, Risk and Compliance, Ambrose Dabani – Director, […]
Tag: britam holdings
Britam adopts leaner executive structure
Britam MD Tavaziva Madzinga Britam Holdings has announced a new executive team that it says will deliver enhanced service to its customers and position the company for long-term growth. The team will comprise 11 directors after nine positions were dropped. Group Managing Director Tavaziva Madzinga said the new structure promotes diversity and aims to build […]
Britam scraps nine top executive jobs
Britam new chief executive Tavaziva Madzinga. PHOTO | COURTESY Insurance group Britam Holdings has eliminated nine top executive positions or nearly half of its management team as the new CEO shakes up the top deck of the Nairobi bourse-listed firm. The company Thursday introduced a leaner team of 11 managers from the previous 19, with […]
Britam to sack 140 staff in fresh turnaround plan
Britam Holdings Managing Director Tavaziva Madzinga (left) takes over from Benson Wairegi last month. [John Muchucha, Standard] Britam is set to lay off nearly 140 employees, many of them in the management. The restructuring exercise is expected to help the firm to cut down on costs and grow profit. The Nairobi Securities (NSE) listed insurer […]
Kenya: Managers at Britam Targeted in Looming Job Cuts as Insurer Restructures
Nairobi — Britam Holdings Plc has announced that it will lay off some of its workers as part of a new organisational structure that it is currently implementing. In a statement, the regional insurer says the reorganisation is expected to lead to a leaner executive team with fewer reporting layers that will support the company’s […]
Managers at Britam Targeted in Looming Job Cuts As Insurer Restructures
NAIROBI, Kenya, Mar 1- Britam Holdings Plc has announced that it will lay off some of its workers as part of a new organisational structure that it is currently implementing. In a statement, the regional insurer says the reorganisation is expected to lead to a leaner executive team with fewer reporting layers that will support […]
Britam to sack 140 staff in fresh turnaround plan
Britam Holdings Managing Director Tavaziva Madzinga (left) takes over from Benson Wairegi last month. [John Muchucha, Standard] Britam is set to lay off nearly 140 employees, many of them in the management. The restructuring exercise is expected to help the firm to cut down on costs and grow profit. The Nairobi Securities (NSE) listed insurer […]
Britam announces job cuts as it re-structures
Britam Insurance headquaters in Upper Hill. /FILE The Board of Britam Holdings Plc has announced a new organisational structure that will result in a more competitive, efficient and customer-centric organisation. Additionally, it will gear the organisation for enhanced digital innovation in its solutions and in product development. The reorganisation is expected to lead to a […]
Britam vets executives afresh amid layoff of 138 staff
Britam new chief executive Tavaziva Madzinga. PHOTO | COURTESY Insurance group Britam Holdings is moving to implement the restructuring of its top executive team, with individuals being assessed for redeployment to other roles or exit under a voluntary early retirement (VER) plan. Sources familiar with the matter said the long-serving executives started attending the interviews […]
Britam cuts up to 138 jobs after exit of CEO
Former Britam CEO Benson Wairegi. FILE PHOTO | NMG Insurance group Britam Holdings is set to retrench up to 130 employees, mostly in its Kenyan operations in a process that could cost it up to Sh700 million. This is the second wave of layoffs at the company, which spent Sh664 million to let go of […]