Jacqueline Karasha to take helm of SanlamAllianz Kenya

SanlamAllianz Kenya has appointed Jacqueline Karasha as Group Chief Executive Officer, effective 1 November 2026. She succeeds Dr. Nyamemba Patrick Tumbo, EBS, who will retire on 31 October 2026 after more than eight years at the helm of the insurer.

Karasha currently serves as Chief Executive Officer and Principal Officer of Sanlam Allianz Life Insurance (Kenya) Limited, a subsidiary with KSh 38.47 billion in assets. She brings more than 17 years of experience spanning leadership, sales and operations in the life insurance sector.

At SanlamAllianz, she has led initiatives to improve distribution channels, advance digital adoption and build strategic partnerships aimed at long-term business sustainability.

She holds a First Class Honours degree in Actuarial Science from Jomo Kenyatta University of Agriculture and Technology and is a graduate of the Senior Leadership Development Programme at Stellenbosch Business School.

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Karasha is also a Fellow of the Life Management Institute, an Associate Member of the Insurance Institute of Kenya, and holds an Underwriting Skills Certificate from Hannover

In her current role, she has focused on accelerating growth, strengthening the company’s position in the life insurance market and enhancing shareholder value through improved customer experience and innovation. As part of the leadership transition, the group plans to absorb the life insurance subsidiary into its NSE-listed parent.