KDIC boss to head African unit of deposit insurers' lobby Monday March 15 2021 By BONFACE OTIENO The Kenya Deposit Insurance Corporation (KDIC) chief executive Mohamud Ahmed Mohamud has been appointed the new chairperson and President of the Africa Regional Committee of the International Association of Deposit Insurers (IADI). The appointment for the rotational post, whose occupants serve for a period of two years, takes effect immediately. Mr Mohamud takes over from Nigeria’s Deposit Insurance Corporation (NDIC) chief executive Umaru Ibrahim, who had succeeded former Deposit Protection Corporation of Zimbabwe CEO John Chikura in September 2018. “This is a big honour for the East Africa region and Kenya to be specific,” Mr Mohamud told the