Insurance company Britam has appointed Barack Obatsa as the new Chief Executive Officer (CEO) of Britam Asset Managers.

Previously, Obatsa served at ICEA LION Limited as Chief Investment Officer (CIO).

He also worked at the Africa Alliance Bank as its regional CIO.

Britam will tap into his investment management experience in equities and fixed income to explore alternatives like private equity, infrastructure, and real estate classes.

"We are excited to have Barack join the team and are confident that he will drive our new customer-centric transformational strategy to achieve revenue growth and strong financial performance for Britam Asset Managers," said Britam Board chairman Kuria Muchiri.

"I am delighted to have Barack on board, and we look forward to scaling the Britam Asset Managers business, competitive returns for our investors and exploring new opportunities in Kenya and the region," Britam CEO Tom Gitogo added.

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