This archive report was first published on 13 November 2019.
Insurance company CIC Group is currently seeking a new Chief Executive Officer, with applications set to close on November 27, 2019. The group provides insurance and related financial services in Kenya, South Sudan, and Malawi.
The ideal candidate will hold a bachelor's degree in insurance, actuarial science, business, engineering, law, or any other related field from a recognized institution. They will also be required to submit a valid certificate of good conduct, clearance certificate from the Higher Education Loans Board, latest tax compliance certificate from the Kenya Revenue Authority, and a report from an accredited Credit Reference Bureau.
The new CEO will report to the group's board of directors and be expected to provide strategic direction and leadership. This comes as CIC joins other organizations, such as the Capital Markets Authority, in searching for a new CEO.
Earlier in the year, CMA disclosed that its CEO, Paul Muthaura, would be exiting when his contract expires in January 2020. The process began on September 3 and ended on September 27, with the position falling vacant in January 2020.
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