George Nyakundi appointed as new ICEA Lion Life CEO
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George Nyakundi has been announced as the new ICEA Lion Life Chief Executive Officer, effective 1st January 2021. He takes over from Justus Mutabari Mutiga, who has retired, after 27 years with the firm.
Mr. Nyakundi was previously the company’s General Manager Business Development & Technical Services.
He has a vast career background spanning about 30 years in the life insurance sector. He began his career at Kenindia Assurance in 1988, before briefly moving on to Occidental Insurance as the Marketing and Administration Manager. He later joined Jubilee Insurance in 1999 as a Senior Underwriter before leaving in 2006 to join Alliance Insurance Corporation in Tanzania as the Head of the Life Business, where he later took over as the Chief Executive Officer in 2013.
Aspen Insurance Holdings Limited announced that Richard Lightowler has been appointed to its Board as a Non Executive Director effective December 10, 2020.
A spokesperson said, “Mr. Lightowler is currently a Non-Executive Director of Oakley Capital Investments Limited and Hansa Investment Company Limited. Richard has over 25 years in public accounting and was notably Partner with KPMG for almost 19 years. While at KPMG he also served as Head of the Insurance Practice and a member of the firm’s Global Insurance Leadership Team.
“During his extensive career, Richard has worked with many large international reinsurance and insurance groups. As well as his extensive industry background he also brings significant risk, governance and transaction experience including working with both UK and US stock exchanges.