Background
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.
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Benson Wairegi
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Education
He holds the degree of Bachelor of Commerce (Bachelor of Commerce), obtained rom the University of Nairobi.
Career
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. He also holds the degree of Master of Business Administration (Master of Business Administration), specializing in Accounting and Finance, also obtained from the University of Nairobi. He is a Certified Public Accountant (Certified Public Accountants).
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 (United States$19 million), as at February 2014.
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 & Chief Executive Officer, 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.
Membership
Insurance Training and Education Trust - Member of the Board of Trustees.
