Tavaziva Madzinga (born c.1978) is a
Zimbabwe
Zimbabwe (), officially the Republic of Zimbabwe, is a landlocked country located in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Botswana to the south-west, Zambia to the north, and Mozam ...
an
actuary
An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science. These risks can affect both sides of the balance sheet and require asset man ...
and
corporate executive, who was appointed as the
Group Managing Director of
Britam Holdings Plc (Britam), a financial services conglomerate headquartered in
Nairobi
Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper ha ...
, the Kenyan
capital
Capital may refer to:
Common uses
* Capital city, a municipality of primary status
** List of national capital cities
* Capital letter, an upper-case letter Economics and social sciences
* Capital (economics), the durable produced goods used f ...
, with subsidiaries in
Kenya
)
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,
Uganda
}), is a landlocked country in East Africa
East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...
,
South Sudan
South Sudan (; din, Paguot Thudän), officially the Republic of South Sudan ( din, Paankɔc Cuëny Thudän), is a landlocked country in East Africa. It is bordered by Ethiopia, Sudan, Central African Republic, Democratic Republic of the C ...
,
Rwanda
Rwanda (; rw, u Rwanda ), officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of Central Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator ...
,
Tanzania
Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...
,
Malawi
Malawi (; or aláwi Tumbuka: ''Malaŵi''), officially the Republic of Malawi, is a landlocked country in Southeastern Africa that was formerly known as Nyasaland. It is bordered by Zambia to the west, Tanzania to the north and northeast ...
and
Mozambique
Mozambique (), officially the Republic of Mozambique ( pt, Moçambique or , ; ny, Mozambiki; sw, Msumbiji; ts, Muzambhiki), is a country located in southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi ...
. 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 Nairo ...
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 Jo ...
, 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 ( af, Stad Kaapstad; xh, IsiXeko saseKapa) is the metropolitan municipality which governs the city of Cape Town, South Africa and its suburbs and exurbs. As of the 2011 census, it had a population of 3,740,026.
The remo ...
, 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) ( af, Universiteit van Kaapstad, xh, Yunibesithi ya yaseKapa) is a public research university in Cape Town, South Africa. Established in 1829 as the South African College, it was granted full university statu ...
, graduating with a
Bachelor of Business Science
The Bachelor of Business Science (BBusSci) is a four-year Bachelor's degree#South Africa, honours level degree providing for a scientifically based study of economic and management sciences, "premised on the application of quantitative methods". T ...
in
Actuarial Science. He also holds further professional qualifications from
INSEAD and
Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
. He is a Fellow of the
Institute of Actuaries 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, rising over the years to Regional Chief Executive Officer, for
Eastern and
Southern Africa
Southern Africa is the southernmost subregion of the African continent, south of the Congo and Tanzania. The physical location is the large part of Africa to the south of the extensive Congo River basin. Southern Africa is home to a number of ...
. 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
Conglomerate or conglomeration may refer to:
* Conglomerate (company)
* Conglomerate (geology)
* Conglomerate (mathematics)
In popular culture:
* The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes
** Co ...
for the previous 40 years. He will be based in
Nairobi
Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper ha ...
, Kenya's capital city.
Other considerations
Tavaziva Madzinga served on the board of the
Association of British Insurers, in his capacity as the CEO of Swiss Re.
See also
*
Equity Group Holdings Limited
*
Housing Finance Company of Kenya
References
External links
Zimbabwean Tavaziva Madzinga to replace Wairegi as Britam CEOAs 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 in Kenya
Zimbabwean actuaries