ICEA Lion Life has appointed George Nyakundi, an experienced insurance professional with a demonstrated thirty-year experience across the East African Insurance Industry as the Company’s Chief Executive.

He takes over from Justus Mutabari Mutiga, who has retired after 27 years with the firm. 

“Justus joined Insurance Company of East Africa (ICEA) in 1994 and demonstrated strong leadership and technical expertise,” said ICEA Lion Group chairman James Ndegwa.

“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.”

Nyakundi was previously the ICEA Lion Life General Manager Business Development & Technical Services. He took over as CEO in January 2021.

He has Bachelor of Arts Degree in Economics-Napier University in Scotland, U.K.

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

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