Sanlam Allianz Holdings (Kenya) PLC has appointed Jacqueline Karasha as its new Leader Govt Officer (CEO), efficient November 1, 2026.
The appointment used to be introduced in a public understand to the Nairobi Securities Change (NSE), issued through the corporate’s Team Corporate Secretary, Emma Wachira.
Karasha will be successful Dr Patrick Tumbo, who’s retiring after main the NSE-listed insurer for greater than 8 years.
The management transition comes as Sanlam Allianz prepares to switch the subsidiary’s insurance coverage portfolio, property, liabilities and fund management operations into the indexed dad or mum corporate as a part of a proposed company restructuring.
Jacqueline Karasha takes over Sanlam Allianz Kenya
The corporate stated Karasha these days serves as CEO and Major Officer of Sanlam Allianz Lifestyles Insurance coverage (Kenya) Restricted, an entirely owned subsidiary earmarked for absorption into the indexed dad or mum beneath the proposed restructuring.
Consistent with the awareness, she has greater than 17 years of revel in in management, gross sales and operations inside the lifestyles insurance coverage sector.
- “The Board of Administrators is happy to announce the appointment of Jacqueline Karasha because the Leader Govt Officer of Sanlam Allianz Holdings (Kenya) PLC, efficient 1st November 2026. She is these days the Leader Govt Officer/Major Officer of Sanlam Allianz Lifestyles Insurance coverage (Kenya) Restricted.”
- “At SanlamAllianz, she has led a turnaround of all distribution channels, pushed virtual enablement and constructed strategic partnerships that place the trade for long-term sustainability.”
The corporate stated Karasha’s revel in in distribution, virtual transformation and strategic partnerships would enhance the trade’s long-term sustainability.
Her appointment additionally coincides with the deliberate consolidation of the Team’s insurance coverage operations beneath its indexed dad or mum, which is anticipated to get rid of an intermediate company construction.
Karasha’s insurance coverage profession and Tumbo’s legacy
Karasha holds a First-Magnificence Honours stage in Actuarial Science from Jomo Kenyatta College of Agriculture and Generation (JKUAT) and is a graduate of Stellenbosch Industry Faculty’s Senior Management Building Programme.
She may be a Fellow of the Lifestyles Control Institute (FLMI), an Affiliate Member of the Insurance coverage Institute of Kenya and holds an Underwriting Abilities Certificates from Hannover Re.
- At Sanlam Allianz Lifestyles Insurance coverage (Kenya) Restricted, she has led reforms geared toward accelerating enlargement, strengthening the corporate’s place within the lifestyles insurance coverage marketplace and lengthening shareholder worth, with a focal point on customer support and innovation.
- Tumbo, in the meantime, brings greater than 35 years of revel in in insurance coverage. Consistent with the corporate, he used to be appointed Team CEO in August 2018 and has contributed to the advance of the insurance coverage business in Kenya and throughout Africa.
He has served as chair of the Organisation of Jap and Southern Africa Insurers (OESAI), Chairman and Trustee of Kenya’s Insurance coverage Coaching and Training Consider, and chairman of the Affiliation of Kenya Insurers. He has additionally served at the forums of the Federation of Kenya Employers and the Kenya Non-public Sector Alliance.
His recognitions come with Africa Insurance coverage CEO of the Yr, Insurance coverage CEO of the Yr and Gender Champion of the Yr. In 2026, he won the Lifetime Fulfillment Award on the Assume Industry Awards.
What you will have to know
Sanlam Allianz has persevered to increase its presence throughout African markets as a part of its broader enlargement technique.
- In June 2025, SanlamAllianz officially launched its operations in Nigeria, marking a step against increasing get entry to to insurance coverage and monetary products and services within the nation.
- The growth adopted the merger between Sanlam, a South African monetary products and services supplier, and Allianz, a German multinational monetary products and services corporate.
- The alliance paperwork a part of the firms’ wider Pan-African enlargement technique, extending their presence throughout 27 African international locations, together with Kenya, Uganda, Egypt and Ghana.
The management transition in Kenya comes because the Team prepares to consolidate its insurance coverage operations and pursue its long-term enlargement goals around the continent.