Monday 1 September 2014

Britam announces the departure of Britam Asset Managers M​anaging Director​


Britam has announced the departure of its asset management subsidiary’s  
ManagingDirector Mr Edwin Dande.  The firm said Mr Dande is leaving to pursue personal interests.

Mr Dande joined the Group in 2011 and as the Managing Director of the Asset Management Company, has overseen the business grow significantly in terms of revenue, profitability, Assets Under Management (AUM), products and market share.


Britam Group Managing Director Dr. Benson Wairegi said: "Mr. Dande has laid a strong foundation on which the company will continue to grow and prosper,”  Mr Dande is a graduate of the Wharton Business School with 15 years’ experience in financial services, gained both locally and internationally.
  
“Edwin was a dedicated and committed member of the management team at Britam and played a key role in expanding our vision of being a leading brand in the region.  We wish him success in his future endeavors,” said Dr. Wairegi in a statement.

Under the stewardship of Mr. Dande, Britam’s asset management business registered remarkable growth to become the largest fund manager by revenue in the region, with assets under management growing from Kshs.17 billion to Kshs.50 billion.

“It has been a great honour to work for Britam and I have gained invaluable experience which has shaped me into the person I am today in this market. Britam is a strong brand with a rich heritage and history in this region and is deeply committed to providing innovative financial services in the region,” said Mr. Dande.

Dr. Wairegi assured the clients that a strong team of highly qualified and experienced professionals will continue to provide excellent services to them.  Mr. Jude Anyiko, a Chartered Financial Analyst (CFA), and a Senior Portfolio Manager at Britam Group has been appointed acting CEO.  




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