Britam Appoints its Financial Director Charles Kimani Njuguna as Group MD

The Board of Directors of Britam Holdings PLC has announced that it has appointed Charles Kimani Njuguna as its new Managing Director in acting capacity effective 14th January 2022. 

Mr Njuguna takes over in an acting capacity from Mr Tavaziva Madzinga who resigned Kuria Muchiru, the board chairman said in an emailed statement.

Santam, a South African financial services group has hired Tavaziva Madzinga to serve as its new chief executive from July 2022.

Prior to Britam where he joined in March 2021 as the Finance Director, he has worked with ABN Amro Bank, GT Bank, Old Mutual, Family Bank as the Chief Financial Officer, and Faulu Micro-Finance Bank as the Managing Director. 

He says he has a “Strong business development professional skilled in strategy development, financial and risk management, mergers and acquisitions, business turn around with board-level experience.”

Mr Njuguna holds an MBA in Finance from the University of Nairobi and a BSc (Accounting) from USIU. 

He is a member of the Institute of Certified Public Accountants Kenya and the Institute of Certified Public Secretaries Kenya.   

In a statement, the group said it is now re-organized and energized to implement a client-centred operation best-suited to serve its local and regional customers outside Kenya to drive further growth.   

 “Britam is today fully restructured along business segments replacing the legacy line of business approach. Our priority is to accelerate the implementation of our “Epic2 #OneBritamExperience” strategy where customers and partners will experience unrivalled services and innovations,” said Mr Njuguna.

Britam has operations in seven markets, including Uganda, Tanzania, Rwanda, South Sudan, Mozambique, and Malawi.