Tavaziva Madzinga (born c.1978) is a

Zimbabwe file:Zimbabwe, relief map.jpg, upright=1.22, Zimbabwe, relief map Zimbabwe, officially the Republic of Zimbabwe, is a landlocked country in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Bots ...

actuary An actuary is a professional with advanced mathematical skills who deals with the measurement and management of risk and uncertainty. These risks can affect both sides of the balance sheet and require investment management, asset management, ...

and

corporate executive Corporate titles or business titles are given to corporate officers to show what duties and responsibilities they have in the organization. Such titles are used by publicly and privately held for-profit corporations, cooperatives, non-profit org ...

, who was appointed as the

Group Managing Director A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

of Britam Holdings Plc (Britam), a financial services conglomerate headquartered in

Nairobi Nairobi is the Capital city, capital and largest city of Kenya. The city lies in the south-central part of Kenya, at an elevation of . The name is derived from the Maasai language, Maasai phrase , which translates to 'place of cool waters', a ...

, the Kenyan

capital Capital and its variations may refer to: Common uses * Capital city, a municipality of primary status ** Capital region, a metropolitan region containing the capital ** List of national capitals * Capital letter, an upper-case letter Econom ...

, with subsidiaries in

Kenya Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. ...

Uganda Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. It is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the ...

South Sudan South Sudan (), officially the Republic of South Sudan, is a landlocked country in East Africa. It is bordered on the north by Sudan; on the east by Ethiopia; on the south by the Democratic Republic of the Congo, Uganda and Kenya; and on the ...

Rwanda Rwanda, officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of East Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator, Rwanda is bordered by ...

Tanzania Tanzania, officially the United Republic of Tanzania, is a country in East Africa within the African Great Lakes region. It is bordered by Uganda to the northwest; Kenya to the northeast; the Indian Ocean to the east; Mozambique and Malawi to t ...

Malawi Malawi, officially the Republic of Malawi, is a landlocked country in Southeastern Africa. It is bordered by Zambia to the west, Tanzania to the north and northeast, and Mozambique to the east, south, and southwest. Malawi spans over and ...

and

Mozambique Mozambique, officially the Republic of Mozambique, is a country located in Southeast Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Afr ...

. His appointment became effective on 1 February 2021. In November 2021, the

Business Daily Africa ''Business Daily Africa'', commonly known as ''Business Daily'', is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nair ...

newspaper reported that Madzinga would leave Britam in April 2022, to pursue other interests. In December 2021, it was revealed that Madzinga would become an executive director at

Santam Santam is a South African financial services group that also has business interests in Malawi, Tanzania, Uganda, Zimbabwe, and Zambia. Santam's head office is located in Bellville in the Western Cape, South Africa. The company is listed on the ...

, a financial services and insurance provider in Eastern and Southern Africa, effective 1 April 2022. On 1 July 2022, he will become the Group chief executive officer at Santam, replacing ''Lizé Lambrechts'', who will leave the group. She will stay on the job, between 1 April 2022 and 30 June 2022, "to ensure a smooth transition". Madzinga will be based in Bellville,

City of Cape Town The City of Cape Town (; ) is a Metropolitan municipality (South Africa), metropolitan municipality that forms the metropolitan municipality (South Africa), local government of Cape Town and surrounding areas. As of 2022 it has a population of ...

, South Africa.

Background and education

Madzinga was born in Zimbabwe in the 1970s. He studied at the

University of Cape Town The University of Cape Town (UCT) (, ) is a public university, public research university in Cape Town, South Africa. Established in 1829 as the South African College, it was granted full university status in 1918, making it the oldest univer ...

, graduating with a

Bachelor of Business Science The Bachelor of Business Science (BBusSci) is a four-year honours level degree providing for a scientifically based study of economic and management sciences, "premised on the application of quantitative methods". The degree is offered in South A ...

Actuarial Science Actuarial science is the discipline that applies mathematics, mathematical and statistics, statistical methods to Risk assessment, assess risk in insurance, pension, finance, investment and other industries and professions. Actuary, Actuaries a ...

. He also holds further professional qualifications from

INSEAD INSEAD ( ; French: ''Institut européen d'administration des affaires'') is a non-profit business school with locations in Europe (Fontainebleau, France), Asia (Singapore), the Middle East (Abu Dhabi, UAE) and North America (San Francisco, USA ...

and

Harvard Business School Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p ...

. He is a Fellow of the

Institute of Actuaries The Institute of Actuaries was one of the two professional bodies which represented actuaries in the United Kingdom. The institute was based in England, while the other body, the Faculty of Actuaries, was based in Scotland. While the Institute a ...

of the United Kingdom and a Fellow of the Actuarial Society of South Africa.

Career

As of January 2021, his career stretched back in excess of 20 years in the insurance business. He started out at

Old Mutual Old Mutual (officially Old Mutual Limited) is a South African investment, savings, insurance, and banking group, operating across Africa. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchan ...

, rising over the years to Regional Chief Executive Officer, for

Eastern Eastern or Easterns may refer to: Transportation Airlines *China Eastern Airlines, a current Chinese airline based in Shanghai * Eastern Air, former name of Zambia Skyways *Eastern Air Lines, a defunct American airline that operated from 192 ...

and

Southern Africa Southern Africa is the southernmost region of Africa. No definition is agreed upon, but some groupings include the United Nations geoscheme for Africa, United Nations geoscheme, the intergovernmental Southern African Development Community, and ...

. Over the 16 years he spent at Old Mutual, he served for a period of time as CEO of Old Mutual Kenya and as CEO of the Old Mutual subsidiary in Nigeria. He then transferred to Swiss Reinsurance Company Limited, first as Managing Director, of the Middle East and Africa division and then as Chief Executive Officer of the United Kingdom and Ireland business unit, from January 2019 until January 2021. He spent three years at Swiss Re. At Britam Holdings, Madzinga replaced Benson Irungu Wairegi, who has served at the regional conglomerate for the previous 40 years. He will be based in

, Kenya's capital city.

Other considerations

Tavaziva Madzinga served on the board of the

Association of British Insurers The Association of British Insurers, or ABI, is a trade association made up of insurance companies in the United Kingdom. History The ABI began in 1985 after several specialised insurance industry trade associations joined to form one trade associ ...

, in his capacity as the CEO of Swiss Re.

References

External links

Zimbabwean Tavaziva Madzinga to replace Wairegi as Britam CEO
As of 18 January 2021. {{DEFAULTSORT:Madzinga, Tavaziva Living people 1978 births Zimbabwean businesspeople Zimbabwean business executives Zimbabwean chief executives University of Cape Town alumni Harvard Business School alumni INSEAD alumni Zimbabwean expatriates Zimbabwean actuaries Expatriates in Kenya 20th-century Zimbabwean businesspeople 21st-century Zimbabwean businesspeople

Background and education

Career

Other considerations

See also

References

External links