Jubilee Allianz General Insurance Kenya Limited has appointed Sylvester Nzioka as chief operating officer and principal officer, effectively making him the head of the business in Kenya.
The insurer said in internal communication Mr Nzioka has taken up the position, effective January 1, succeeding Adja Samb who has led the insurer since July 2021.
Mr Nzioka is an insider, having held several leadership roles within the group, including his recent position as chief strategy and transformation officer at Jubilee Allianz Uganda.
“In this role, he (Mr Nzioka) will oversee the strategic and day-to-day running of the company. This appointment is subject to receiving all necessary regulatory approvals,” said Amine El Kernighi, Sanlam-Allianz General Insurance regional executive director for eastern and southern Africa (including Ghana and Nigeria).
“His previous roles have equipped him with a blend of experience and insights to excel in this new role, and his passion for customer excellence will undoubtedly contribute significantly to our continued growth and success.
Mr Nzioka was also the transformation lead for Anglophone Africa within Allianz Africa between April 2019 and April 2022. He served as the head of alternative channels at Allianz Insurance Kenya between July 2016 and December 2018.
He is replacing Ms Samb, who has taken over the position of chief operating officer for Sanlam-Allianz —a joint venture between Sanlam Limited and Allianz SE in which Allianz holds about 40 percent stake.
“We are grateful for Adja's leadership and contribution to the company's performance and wish her all the success in her new important role within the Group,” said Amine El Kernighi.
Allianz SE and Sanlam Limited said early September last year that they have received regulatory approvals for the joint venture that will create the Pan-African non-banking financial services company with a presence in 27 countries in Africa.
The two said the joint venture is expected to have a combined group equity value of about R35 billion (Sh292 billion), giving customers a broader offering of insurance products tailored to their needs.
