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Leadership Team

We pride ourselves in being led by a professional team where each member can offer a unique perspective, backed by many years of expertise in the insurance and financial services industry.

GROUP CHAIRMAN

Nelson Kuria

GROUP VICE CHAIRMAN

Mr. James Njue

GROUP CEO

Mr. Patrick Nyaga

DIRECTOR

Ms. Sharon Kisire

DIRECTOR

Mr. Gordon Owuor

DIRECTOR

Mr. Peter Nyigei

DIRECTOR

Mr. Michael Wambia

DIRECTOR

Mr. Julius Mwatu

DIRECTOR

Dr. Rogers Kinoti

Director

Ludia Rono

GROUP CHAIRMAN

Nelson Kuria

Dr. Nelson Kuria aged 67, Joined the Board in the year 2020 as an Independent Non-Executive Director. He holds a BA in Economics, MA in Leadership studies and an Executive Leadership training from Stanford Business School. The Director has 36 years of experience in development finance and insurance. He entered the insurance industry in 1982 through Kenya National Assurance Company as an assistant Manager in charge of Research and rose to the position of Chief Manager General Insurance Division and later also served as the General Manager in Gateway insurance Company. He was the CIC Insurance Group CEO from 2001 to 2015. Dr. Kuria is currently the Chairman of Smep Microfinance, Enwealth Financial Service and African International University Council. He is also a Board Member of Kenyatta National Hospital, Habitat for Humanity and Kenya Society of Professional Co-operators.

GROUP VICE CHAIRMAN

Mr. James Njue

Mr. James Njue Njiru aged 53, is the director representing Eastern Region-based societies. He is the Chairman of the Nawiri Sacco Society. He is also a Director of Co-op Holdings Co-operative Society and the Cooperative Bank of Kenya Ltd. Mr. Njiru is a Board of Management member for various schools in the Eastern Region. He holds a diploma in Business Management from the Kenya Institute of Management.

GROUP CEO

Mr. Patrick Nyaga

Mr. Patrick Nyaga is the Group Chief Executive Officer. He holds a master of Business Administration from Strathmore Business School and a Bachelor of Commerce Degree in Accounting. He is a Certified Public Accountant (K) and a member of ICPAK. Mr. Nyaga has over 29 years of working experience mainly in banking and auditing. He has worked in various senior positions in banking. Prior to joining CIC Group Ltd, he was the Group Finance and Strategy Director- at Cooperative Bank of Kenya Limited.

He previously worked at Barclays Bank now (ABSA) as the Regional Head of Assurance and at KPMG (EA), with the main focus being the audit of financial institutions in Kenya and the region. He is a member of the Institute of Directors of Kenya and has undertaken training in several Corporate Governance courses including in Insurance Business.

DIRECTOR

Ms. Sharon Kisire

CS Commissioner Sharon J. Kisire aged 54, joined the Board on 4th August 2022 as an independent non-executive Director. She holds a Master’s degree in Arts, a Diploma in Human Resources Management, and a PhD student at Strathmore University. She is a certified Secretary (ICS), a Certified Executive Leadership Coach, a Certified Governance Auditor, and a Certified Emotional Intelligence Coach. The Director is currently a Commissioner at the Teachers Service Commission. She has previously worked as the General Manager, HR and Administration at Kenya pipeline Company, Director – Resources at Safaricom limited, Head, Human Capital at Kenya wildlife Service among others. Director Kisire is a Trustee at the Kenya Methodist University, Council member at African International University and the Chairperson of the Board of HR professional Examinations.  She is a member of Kenya Institute of Management, Institute of certified secretaries, and Institute of Directors of Kenya.

DIRECTOR

Mr. Gordon Owuor

Mr. Gordon Ondiek Owuor, aged 65, is a Non-Executive Director and representing CIC Insurance Group Plc, a major shareholder. Mr. Owuor is the Chairman of Jumuika (formerly Chemelil) Sacco, a member of the Nyanza Provincial Co-operative Development Team and a Member of the Institute of Directors-Kenya. He previously worked with the East African Fresh Water Fisheries Research Organization and currently is the chairman of Loyalty Refined Limited. He holds an executive Diploma in Financial Management. The Director has undertaken training in specialized Life Assurance Business Management conducted by LIMRA and several corporate governance training courses.

DIRECTOR

Mr. Peter Nyigei

Mr. Peter Kipkirui Nyigei aged 67, is the Director representing Rift Valley Region-based societies and is the secretary of Sinendet Tea Multipurpose Society. Further, he is a Director of Imarisha SACCO. Mr.Kipkirui is a retired teacher and principal who at one time served as a Programme Officer and a trainer in Early Childhood Education in Bomet, Nakuru, Baringo, and Kericho Counties. The Director has undergone General Insurance Business training and is a member of the Institute of Director.

DIRECTOR

Mr. Michael Wambia

Mr. Michael Ondinya Wambia aged 52, is the Director representing Western Region-based societies and is a board member of FARIDI SACCO. He is a teacher by profession. The Director also holds a Diploma in Education Management from KEMI (Kenya Educational Management Institute) and is a Member of the Institute of Directors of Kenya and a Delegate of Cooperative Bank of Kenya. Further, he has received training in Advanced Life Insurance by LIMRA, Corporate Governance Master Class by IFC World Bank, Employment Act and Discipline Management by FKE, and Corporate Governance for Directors by Centre Corporate Governance.

DIRECTOR

Mr. Julius Mwatu

DIRECTOR

Dr. Rogers Kinoti

Director Dr. Rogers Kinoti, aged 46, joined the Board as an Independent nonexecutive director on 22nd July 2021. Dr. Kinoti has a wealth of experience in Investment Management and Finance having worked for over 19 years in various private and public financial institutions. Dr. Kinoti holds a PhD in Finance (JKUAT), Master of Arts in Economics and Bachelor of Arts (Economics) First Class Honors from the University of Nairobi. He is a Certified Public Accountant, CPA (K), a Certified Public Secretary, CPS (K) and a Financial Analyst, FA (K). He is a member of ICPAK, ICPSK and ICIFA. Dr. Kinoti is a lecturer at Riara University School of Business and served as the Independent Chairman of the Audit and Risk Committee of the Teachers Service Commission (TSC) until February 2023.

Director

Ludia Rono

Director Ludia Rono, age 58, joined the Group Board on 23 rd March 2023 representing Co-operative bank of Kenya. She is currently the Director of Operations Division at Co-operative bank of Kenya. She Holds a Master of Business Administration (MBA) Finance Option degree from University of Nairobi and a Bachelor of Commerce (Double Major in Accounts and Business Administration) degree from Daystar University. Director Ludia has also undergone high performance skills for leaders from London Business School and she is also a Certified Executive Leadership Coach.

GROUP CEO

Mr. Patrick Nyaga

GROUP CHIEF FINANCIAL OFFICER

Mr. Philip Kimani

MANAGING DIRECTOR CIC GENERAL INSURANCE LIMITED

Mr. Fred Ruoro

MANAGING DIRECTOR CIC ASSET MANAGEMENT LIMITED

Mr. Humphrey Gathungu

MANAGING DIRECTOR CIC LIFE ASSURANCE LIMITED

Mr. Meshack Miyogo

MANAGING DIRECTOR CIC AFRICA CO-OPERATIVES INSURANCE LIMITED

Mr. Chrispinus O. Mugwang’a

Managing Director for CIC Africa (U) Ltd

Mr. Eric Obila

GROUP COMPANY SECRETARY/CHIEF LEGAL OFFICER

Ms. Gail Odongo

GROUP CHIEF INTERNAL AUDITOR

Mr. Muyesu Luvai

GROUP RISK AND COMPLIANCE MANAGER

Ms. Susan Robi

GROUP CHIEF INFORMATION OFFICER

Mr. Henry Malmqvist

GENERAL MANAGER CO-OPERATIVES

Mr. Richard Nyakenogo

GENERAL MANAGER BRANCH DISTRIBUTION

Mr. Michael Mugo

GROUP ACTUARY

Ms. Salome Ndegwa

MANAGING DIRECTOR CIC AFRICA INSURANCE (SS) LIMITED

Mr. Julius M. Ndugire

GROUP CEO

Mr. Patrick Nyaga

Mr. Patrick Nyaga is the Group Chief Executive Officer. He holds a master of Business Administration from Strathmore Business School and a Bachelor of Commerce Degree in Accounting. He is a Certified Public Accountant (K) and a member of ICPAK. Mr. Nyaga has over 29 years of working experience mainly in banking and auditing. He has worked in various senior positions in banking. Prior to joining CIC Group Ltd, he was the Group Finance and Strategy Director- at Cooperative Bank of Kenya Limited.

He previously worked at Barclays Bank now (ABSA) as the Regional Head of Assurance and at KPMG (EA), with the main focus being the audit of financial institutions in Kenya and the region. He is a member of the Institute of Directors of Kenya and has undertaken training in several Corporate Governance courses including in Insurance Business.

GROUP CHIEF FINANCIAL OFFICER

Mr. Philip Kimani

Philip holds a Master of Science in Professional Accountancy from University of London and Bachelor of Commerce Degree in Accounting. He is a Certified Accountant and Member of The Association of Chartered Certified Accountants. Philip has over seventeen years of experience mainly in the Insurance Sector. Prior to joining CIC Group, he was the Chief Finance Officer & Principal Officer for Jubilee Insurance Company. He previously held Senior Management roles at Resolution Insurance, WPP Scan group and PricewaterhouseCoopers where he began his career. He has a wealth of experience in Strategic planning, Investment management, Financial and Risk Management. 

MANAGING DIRECTOR CIC GENERAL INSURANCE LIMITED

Mr. Fred Ruoro

Mr. Fred Ruoro is the Managing Director – CIC General Insurance Limited. He holds a bachelor’s degree in Mathematics & Physics from The University of Nairobi. In addition, he is a senior Certified Insurance Professional from the Australian & New Zealand Institute of Insurance and Finance and is a Fellow of the Life Management Institute. Fred holds a Diploma in Management Accounting from the Chartered Institute of Management Accountants (CIMA). He is a member of good standing of the Insurance Institute of Kenya (IIK).

MANAGING DIRECTOR CIC ASSET MANAGEMENT LIMITED

Mr. Humphrey Gathungu

Mr. Humphrey Gathungu is the Managing Director of CIC Asset Management Limited. He holds a Master’s Degree (MBA) in Global Business Management, USIU and a Bachelor of Science in International Business from the same University. Mr. Gathungu is a CFA Charter holder, a Certified Public Accountant (K) and a member of ICIFA. Mr. Gathungu has over twenty years’ experience in the Financial Services sector, thirteen of which have been in leadership roles while based in Kenya and South Africa. He has vast experience managing global clients’ portfolios in Africa excluding South Africa, covering Asset Management, Private Equity and Corporate Finance. Prior to joining CIC Group, he was the Chief Executive Officer, Jubilee Financial Services. Earlier on, he worked as the Chief Investment Officer at Stanlib East Africa.

MANAGING DIRECTOR CIC LIFE ASSURANCE LIMITED

Mr. Meshack Miyogo

Meshack holds a bachelor’s degree in Education Arts (Major in Economics and Business Studies) from Egerton University. In addition, he holds a Senior Leadership Development Programme Certificate from the University of Stellenbosch Business School South Africa, Post Graduate Degree (MBA) in Marketing from Daystar University. He also holds a Diploma in Insurance (AIIK) from the College of Insurance. He is an Associate Member of the Institute of Insurance Kenya (IIK) in good standing. His experiences cuts across Banking and Insurance on Matters of Sales Growth, Sales Management, business development, and Strategic Leadership.

MANAGING DIRECTOR CIC AFRICA CO-OPERATIVES INSURANCE LIMITED

Mr. Chrispinus O. Mugwang’a

Mr. Chrispinus O. Mugwang’a is the Managing Director  CIC Africa Co-operatives Insurance Limited. He has an MBA – Strategic Management and a Bachelor of Commerce Marketing option both from Catholic University of Eastern Africa – (CUEA). He also has a Diploma in Life and Disability Underwriting of the Assurance Medical Society, London UK and a Diploma in Sales and Marketing of the International Association of Business Executives, London. He is an Associate of the Chartered Insurance Institute (ACII) and a member of the Society of Technicians in Insurance (MSTI). He has over 26 years of work experience in the Insurance Industry.

 

Managing Director for CIC Africa (U) Ltd

Mr. Eric Obila

Mr. Eric Obila aged 42, is the Managing Director for CIC Africa (U) Ltd. Eric joined CIC Group Ltd on 2nd August 2021. He has over fifteen years’ experience in various leadership roles, mainly in the insurance sector. Erick holds a Bachelor of Science Degree in Applied Statistics from Maseno University and vast experience in business development, pension management and Life assurance. Prior to joining CIC Group, he was the Head of life and pension for Liberty Life assurance – Kenya. He has previously held Senior Management roles at CPF financial services, APA Life Assurance and Jubilee insurance. He brings a wealth of experience in business development and visionary leadership. He is currently pursuing a Master of Business Administration in Strategic Management from Jomo – Kenyatta University of Science and Technology. Erick is a member of the Institute of Insurance Kenya in good standing.

GROUP COMPANY SECRETARY/CHIEF LEGAL OFFICER

Ms. Gail Odongo

Ms. Gail Odongo is the Group Company Secretary/Chief Legal Officer. She is an Advocate of the High Court of Kenya holding a Bachelor of Laws (“LLB”) Degree from the University of Liverpool and a Master of Business Administration (“MBA”) from Salford University in the United Kingdom. Professionally Ms. Odongo is a Certified Public Secretaries [“CPS (K)”]. She holds a Post Graduate Diploma from the Kenya School of Law and has 13 years of experience in various capacities and industries ranging from Audit, Banking and Finance, Insurance, and Legal. She is also a member of the Institute of Directors – Kenya.

GROUP CHIEF INTERNAL AUDITOR

Mr. Muyesu Luvai

Mr. Muyesu Luvai is the Group Chief Internal Auditor. He is a Certified Public Accountant (“CPA (K)”) and a member of the Institute of Certified Public Accountants of Kenya (“ICPAK”), the Chartered Institute of Internal Auditors UK, the Institute of Internal Auditors, Kenya Chapter, as well as the Institute of Directors, Kenya. He holds a Bachelor of Commerce Degree from the University of Nairobi and a Master of Business Administration (MBA) Degree with a concentration in Employee Relations /Organisational Behaviour from the University of Leicester (UK). Prior to his appointment as CFO on 3rd February 2020, Muyesu served as Chief Internal Auditor, looking at company operations at a wide scale, providing solutions from a business strategy perspective while seeking to enhance the effectiveness of governance, risk management and, control processes. Before joining CIC in 2008, Mr. Luvai worked for Deloitte in the Audit & Assurance Division, obtaining extensive experience in auditing a wide variety of international and local organizations drawn from both the private and public sectors. Prior to joining Deloitte, Mr. Luvai had a stint in the oil and gas industry working in the Finance Department of Dalbit Petroleum Limited.

 

GROUP RISK AND COMPLIANCE MANAGER

Ms. Susan Robi

Ms. Susan Robi is the General Manager of Risk and Compliance. She is an Advocate of the High Court of Kenya holding a Bachelor of Laws (“LLB”) Degree from the Makerere University and a Masters in Law and Finance from Goethe University (Institute of law and Finance) in Frankfurt Germany. Professionally Ms. Robi holds a Post Graduate Diploma from the Kenya School of Law and has over 10 years of experience in various capacities and industries ranging from both Local and International Law Practice, Insurance, Finance, and Risk Management. Ms. Robi joined CIC in 2011.

GROUP CHIEF INFORMATION OFFICER

Mr. Henry Malmqvist

Mr. Henry Malmqvist  is the Group Chief Information Officer. He is a graduate of the Institute for the Management of Information Systems (IMIS) Kent and is currently pursuing his MSc in Information Technology Management at University of Sunderland. He is certified in Project Management, Information Security & Performance Management. Henry has 14 years’ experience in ICT both within Kenya and the East African Region. He joined CIC in 2015.

GENERAL MANAGER CO-OPERATIVES

Mr. Richard Nyakenogo

Mr. Richard Nyakenogo is the General Manager Co-operatives. He holds a Bachelors of Commerce Degree from Egerton University and Masters in Business Administration from Mount Kenya University. He has a Diploma in Co-operative Management from the Co-operative College of Kenya and a certificate in Corporate Governance from the Center for Corporate Governance. Richard is an Associate Member of Insurance Institute of Kenya (AIIK), Member of Marketing Society of Kenya (MSK), Member of the Institute of Directors of Kenya (IOD), a Certified Co-operative Professional (CCOP), and a Council Member of Kenya Society of Professional Co-operators (KSPC). He was involved in the transformation of Sacco’s form Back office to Front office (FOSA). He joined CIC in 1999.

 

GENERAL MANAGER BRANCH DISTRIBUTION

Mr. Michael Mugo

Mr. Michael Mugo joined the Group in 2003 as an Agency Manager in Ordinary life. He has a total of 25 years of experience in the Insurance industry. He has served the organization in various senior capacities including Sales Management, Corporate Affairs, and Communication, Marketing, and Strategy. He has undergone extensive training in the areas of leadership, governance, and strategic management. He is the immediate former MD, CIC Africa (South Sudan), and played a prime role in the establishment of the subsidiary in South Sudan. Michael is a graduate of the Advanced Management Program (AMP) from Strathmore Business School, Lagos Business School, and IESE, Barcelona. He holds an MBA degree from JKUAT with a special focus on Strategy and Marketing. He is a Bed (Econ & Geog) graduate of Moi University. He has extensive training and experience in institutions and business enterprises. He is a member of the Institute Of Directors of Kenya and the Institute of Customer Service of Kenya. He effectively communicates direction, commits people to action, inspires vision and ownership of projects, and conveys complex information in easily understood formats.

 

GROUP ACTUARY

Ms. Salome Ndegwa

Ms. Salome Ndegwa is the Actuarial Manager. She holds a BSc (Hons) in Actuarial Science, Masters in Economics (Econometrics) and is a Fellow of the Institute and Faculty of Actuaries (IFoA) in the UK. Salome also holds certificates in Financial Econometrics, Mathematical Finance and New Managers Leadership Program from Strathmore Business School. She is also a member of The Actuarial Society of Kenya (TASK). Salome joined CIC Insurance Group in 2014.

MANAGING DIRECTOR CIC AFRICA INSURANCE (SS) LIMITED

Mr. Julius M. Ndugire

Julius holds a Bachelor of Business Management (BBM), Risk Management & Insurance option, a Diploma in Insurance (DipCII) from The Chartered Insurance Institute, UK and is a graduate of the Programme for Management Development – PMD 2018 from Strathmore University Business School, Nairobi & Gordon Institute of Business Science (GIBS), University of Pretoria, South Africa having undergone various Insurance trainings at College of Insurance, ZEP RE Academy. He has held various positions within the Group and joined CIC in 2013 and is a current member of The Chartered Insurance Institute (CII) and a member of the Insurance Institute of Kenya (IIK).