Aug
Bachelor of Commerce (Insurance
George Kuria
Group
Insurance and Reinsurance
International Business
John Simba
Jubilee
Jubilee Group
Jubilee Insurance
Kenya
Mugo Kibati
Nairobi
Patrick Tumbo
Sanlam
Sanlam General Insurance
Sanlam Group
Sanlam Kenya Group
Sanlam Kenya PLC
Simba
Society of Fellows
Strategic Management
Tumbo
UK
University of Nairobi

Tumbo to head Sanlam Kenya after leaving Jubilee Insurance

NAIROBI, Kenya, Aug 6 – Sanlam Kenya has appointed Patrick Tumbo as Group Chief Executive officer after resigning from Jubilee Insurance in June.

Tumbo takes over from Mugo Kibati who left the company to pursue other interests.

George Kuria, Sanlam General Insurance Chief Executive Officer has been the acting GCEO for the past six months.

Tumbo joins Sanlam Kenya Group from Jubilee Insurance, where he was the CEO, Kenya.

He also served the Jubilee Group technical head on Insurance and Reinsurance and in the Group’s Subsidiary boards.

At Jubilee, he was credited with growing the Kenya business from Sh4 billion to Sh24 billion during his tenure.

He was also instrumental in driving business growth through technology adoption and widening the client base by venturing into new untapped markets in the East African region.

Announcing the appointment, Sanlam board chairman Dr. John Simba said Tumbo will be assuming overall leadership for Sanlam Kenya PLC and the respective group subsidiary business companies.

“We have secured a seasoned business leader who we also believe is the right fit to steer the Sanlam Group to new heights. This is part of our corporate strategy to position the group as a formidable non-bank financial services player in Kenya,” said Dr. Simba.

On his part, Tumbo said he is looking forward to joining the Sanlam team and implementing a new growth strategy.

“Sanlam has carved a niche for itself as a non-banking financial services group with a vision and strategic imperatives that are pushing the brand into a new growth plane; I am happy to join at this point in time and contribute to the growth of the business,” said Mr. Tumbo.

Mr. Tumbo is a member of the Society of Fellows (UK) and is an alumnus of the University of Nairobi.

He holds an MBA in  Strategic Management, Marketing and International Business and a Bachelor of Commerce (Insurance option) from the same university.

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