Mugo Kibati.[Photo/Businessdaily]
Sanlam Kenya has appointed George Kuria to replace Mugo Kibati as the Chief Executive Officer Mugo Kibati.
Kibati resigned on Friday three years since he took over leadership at the diversified financial services firm.
Board chairman John Simba said Mr Kibati has resigned from the firm effective from March 1, to pursue personal and professional business interests.
“The board will commence a local and international executive search process aimed at competitively filling the position. In the transition period, George Kuria to serve as acting group chief executive to facilitate smooth handover,” said Simba.
Kibati has worked both in the private and public sector and was the Director General at the Kenya Vision 2030 during the tenure of former President Mwai Kibaki before moving to Sanlam in February 2015.
The group was rebranded from Pan Africa Insurance Holdings.