Full Name Benson Wairegi Spouse(s) 1 Nationality Kenyan Name Benson Wairegi | Ethnicity Kikuyu Alma mater University of Nairobi Years active 1977 - present Home town Kangema | |
 | ||
Born 1953 (age 62–63) Kangema, Kenya Occupation Accountant, Bank Executive, Businessman & Entrepreneur Title Group Managing Director & Group CEOBritam Similar Esther Kinuthia, Bhimji Depar Shah, Atul Shah | ||
Money and power benson wairegi
Benson Irungu Wairegi (born 1953) is an accountant, banker, businessman and entrepreneur in Kenya, the largest economy in the East African Community. He is the current Group Managing Director and Group Chief Executive Officer of British-American Investments Company (Britam), the financial services conglomerate headquartered in Nairobi, the Kenyan capital, with subsidiaries in Kenya, Uganda, South Sudan, Rwanda, Tanzania, Malawi and Mozambique.
Contents
- Money and power benson wairegi
- Benson wairegi british american
- Background and education
- Career
- Other responsibilities
- References
Benson wairegi british american
Background and education
Wairegi was born in Kigumo Division,Murang'a county, in Kenya's Central Province, in 1953, the first born in a family of 11 siblings. He holds the degree of Bachelor of Commerce (BCom), obtained from the University of Nairobi. He also holds the degree of Master of Business Administration (MBA), specializing in Accounting and Finance, also obtained from the University of Nairobi. He is a Certified Public Accountant (CPA).
Career
In 1977, at the age of 24, Benson Wairegi joined British-American as the Chief Accountant. In 1984, Kenyan regulators ordered all foreign-owned insurance companies to sell at least 33.3% shareholding to indigenous Kenyan nationals. Wairegi took out a KSh600,000 personal mortgage against his house and bought a 3.3% stake in Britam. He also encouraged other Kenyans to do the same. That same year, he was appointed Chief Executive Officer at the company. Over the years, his investment in Britam has grown to KSh1.7 billion (US$19 million), as at February 2014.
Other responsibilities
Benson Wairegi, sits on the Board of Directors of several public Kenyan institutions and a number of publicly traded Kenyan companies; including the following:
- British-American Investments Company - Managing Director & CEO, since 1984.
- Equity Group Holdings Limited - Non-Executive Vice Chairman
- Housing Finance Company of Kenya - Non-Executive Director
- Kenyatta University - Chairman of Kenyatta University Council
- Insurance Training and Education Trust - Member of the Board of Trustees.