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Britam has appointed its former finance director Tom Gitogo as the new managing director (MD).

Gitogo takes the place of former MD Tavaziva Madzinga, who resigned from his role 10 months into the appointment.

The current finance director Charles Njuguna has been holding the position in an acting capacity since Madzinga left in April 2021, creating a leadership vacuum at the top.

Madzinga left almost at the same time as the former board chairman Mohamed Said Karama, who also left less than a year after his appointment. Former PwC head Kuria Muchiru was instead appointed Britam Holdings chairman, replacing Mr Karama.

“We are very excited to have Tom join as the Group Managing Director and CEO and are convinced that he is the right person to drive our new customer-centric transformational strategy to achieve our revenue growth and stabilisation of our financial performance,” said Mr Muchiru.

Mr Gitogo was in charge of CIC group in Kenya, Uganda, South Sudan and Malawi for five years.

Mr Gitogo holds a Master of Business Administration (Strategic Management) from Moi University and a Bachelor of Science in Civil Engineering from the University of Nairobi.

He is also a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), a Fellow of the Institute of Certified Public Accountants of Kenya (ICPAK), a member of the Institute of Certified Public Secretaries of Kenya (ICPSK) and a member of the Institute of Directors of Kenya (IOD).