CIC Group appoints Fred Ruoro as new managing director for its general insurance unit

KENYA – The board of CIC Insurance group Plc has announced the appointment of Mr. Fred Ruoro as the managing director of CIC General Insurance Limited effective from January 4, 2021.

Fred holds a bachelor’s degree in Mathematics and Physics from the University of Nairobi.

In addition, he is a senior Certified Insurance Professional from the Australian and New Zealand Institute of Insurance and Finance and is a fellow of the Life Management Institute.

Fred also holds a Diploma in management accounting from the Chartered Institute of Management Accountants (CIMA).

“His experience will of great benefit to CIC General Insurance”

He is a member of good standing of the Insurance Institute of Kenya (IIK).

Fred has attended several leadership and professional development courses that will significantly add value to his role.

Fred joins CIC from First Assurance where he was the managing director.

Previously, he had served as the general manager for medical business at CIC, a role he undertook with distinction.

He has also served as business development manager at UAP-Old Mutual.

The insurance and investment group added that Fred has a demonstrable and proven track record for driving business and providing leadership to his team.

“His experience will of great benefit to CIC General Insurance,” read the statement.

Kenya Insurance Regulatory Authority has also approved Fred’s appointment.

Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals and insights from Africa’s business, economy and more. SUBSCRIBE

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.