ICEA Lion Life has appointed George Nyakundi as the new Chief Executive Officer (CEO) to replace Mr Justus Mutiga
Mr Nyakundi is the company’s former General Manager Business Development & Technical Services.
Nyakundi has a vast career background spanning about 30 years in the life insurance sector. He began his career at Kenindia Assurance in 1988, before briefly moving on to Occidental Insurance as the Marketing and Administration Manager. He later joined Jubilee Insurance in 1999 as a Senior Underwriter before leaving in 2006 to join Alliance Insurance Corporation in Tanzania as the Head of the Life Business, where he later took over as the Chief Executive Officer in 2013.
With a Bachelor’s Degree in Economics from Napier University in Scotland, Mr. Nyakundi is also an Associate of the Chartered Insurance Institute of London. He holds a Life and Disability Underwriting (DLDU) diploma from the Assurance Medical Society, London.
ICEA LION Group Chairman, James Ndegwa stated, said this about the outgoing CEO Mutiga who has been with the firm for 27 years:
“ICEA LION Group has benefited immensely from his contribution and we look forward to retaining and tapping into his wealth of knowledge as he joins the holding company board as non-executive director.”
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