Former Capital Markets chief Paul Muthaura has been appointed a new principal officer at the ICEA LION General Insurance, replacing Steven Oluoch who has retired after 10 years of service. ICEA LION Group chairman, James Ndegwa revealed that the Insurance Regulatory Authority has already approved Muthaura’s appointment. “I am delighted to leave ICEA LION as one of the leading underwriters in the region. ICEA Group has four subsidiaries, including ICEA LION Life Assurance, the largest guaranteed fund manager in Kenya with current total funds under management in excess of Sh55 billion. Others are ICEA LION Asset Management which holds Sh200 billion in assets under management.

Source: The Star October 12, 2020 00:56 UTC