Directline Assurance moves to replace ousted CEO

Directline Assurance is looking for a new CEO hardly three months after its former boss, Sammy Kanyi, was ejected amid a shareholders’ row at the country’s second-largest public service vehicles insurer.

The development follows the exit of Mr Kanyi in September last year after one of the insurer’s top shareholders, Samuel Kamau (SK) Macharia, ejected several senior management staff as wrangles over control of the company escalated.

Leave a Reply

Your email address will not be published. Required fields are marked *