Tavaziva Madzinga has been named the new Managing Director of Britam Holdings Plc Group, effective February 1, 2021.
Mr. Madzinga will take over from Dr. Benson Wairegi who is set to retire effective January 31, 2021. Mr. Wairegi has been in the corner office at Britam for the past 40 years.
In an internal circular to directors and staff at Britam, company chairman Andrew Hollas lauded Mr. Wairegi for serving the company diligently over the years and for transforming the company from a small service home insurance to a multinational company that now has a presence in 7 major African markets.
“I want to express my deep appreciation to Dr. Wairegi for his steady leadership which has seen Britam experience rapid growth during his tenure as the Group Managing Director. The Board appreciates Dr. Wairegi’s service and wish him the very best in his future endeavors. As a result of his experience in the Industry, Britam will continue tapping into his skills in different capacities,” said Board Chairman, Andrew Hollas.
Mr. Madzinga holds a Bachelor of Science Degree in Actuarial Science from the University of Cape Town. He has over 20 years’ experience in the Insurance industry having served in managerial positions which include Chief Executive Officer at Swiss Re (UK & Ireland), Managing Director, Swiss Re Middle East & Africa and Regional Chief Executive Officer South & East Africa Old Mutual. He worked at Swiss Re for 3 years and at Old Mutual for 16 years which included being Chief Executive Officer in Kenya.