NAIROBI, KENYA, MAR 23 — Regional medical underwriter-AAR Insurance has announced the appointment of Mr. Nixon Shigoli to the role of managing director.
As he assumes his new appointment, Shigoli will be responsible for the overall operations and management of AAR Insurance Kenya limited.
He is tasked to steer the company to achieve the targeted company profits, regulatory compliance, sustainable business growth and implementation of the company’s strategic plan.
He takes over from Caroline Munene who was recently promoted to the position of Group Chief Executive Officer for East Africa.
Munene is now overseeing AAR Insurance’s operations in Kenya, Uganda and Tanzania while ensuring the growth of the company as a whole.
Commenting on the appointment, Munene said: “The collective knowledge, expertise and experience that Mr. Shigoli has will be beneficial in further strengthening our underwriting capabilities and reinforce our position at the forefront of quality and innovative insurance product providers.”
“This promotion continues to consolidate the leadership of our company and is evidence of the great career opportunities that employment with AAR Insurance may offer.”
Mr. Shigoli is an alumnus of Egerton University having graduated with a Bachelor of Arts degree (Economics).
He also holds a professional Diploma in Insurance from the Insurance Institute of Kenya (IIK).
Prior to this appointment, he was the company’s general manager sales and marketing besides having served in other capabilities within AAR Insurance Kenya for 10 years.