AAR Insurance has announced the appointment of their new Group Chief Executive Officer (CEO) for East Africa, Ms. Caroline Munene.
Ms. Munene will take the lead with the responsibility of driving AAR Insurance’s operations throughout Kenya, Uganda and Tanzania as well as ensuring the growth of the company as a whole.
Her main role as she takes up her new appointment will be to provide leadership and harmonization of the business operations within the various strategic business units in Kenya, Tanzania and Uganda.
AAR Insurance Board Chairman Mr. Kiprono Kittony stated that Caroline Munene’s appointment as Group CEO reflects the board’s strong confidence in her abilities.
“We believe she has the necessary skills, experience and resolve to not only manage AAR Insurance’s regional business interests, but also drive innovation and growth at a group level,” said Kittony
“Ms. Munene served as the Managing Director for AAR Insurance Kenya. She joined the company in 2013, and has been instrumental in driving its growth,” he added
Caroline Munene has served in various leadership positions for the last 20 years within the insurance industry and holds a Masters Business Administration (MBA), Bachelor of Commerce (Marketing) and professional Diploma from Chartered Insurance Institute (London).
Commenting on her appointment, Ms. Munene had this to said that she was excited to be taking on the new role as it presents a good opportunity for her to continue contributing to the growth of the region’s insurance industry.
Ms. Munene has had an immense impact on Kenya’s insurance sector, contributing meaningfully to growth and innovation through membership and active participation in key industry bodies such as the Association of Kenya Insurers, where she is a board member.