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CIC insurance hunting of CEO leaves sore taste
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bartum
#21 Posted : Thursday, September 04, 2014 1:21:22 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Ericsson wrote:
@rryyzz when I mentioned this I was crucified.
Kweli empty debes make the loudest noise.
Everything is unfolding into place

surely it is
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MKWASI
#22 Posted : Thursday, September 04, 2014 2:12:51 PM
Rank: Member

Joined: 4/20/2012
Posts: 888
bartum wrote:
Ericsson wrote:
@rryyzz when I mentioned this I was crucified.
Kweli empty debes make the loudest noise.
Everything is unfolding into place

surely it is


At no time did the more knowledgeable Wazuans dispute your information or crucify you. They only educated you on the difference between the management theories you learn in class and what happen in a real corporate world.

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Obi 1 Kanobi
#23 Posted : Wednesday, September 10, 2014 12:05:49 PM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
MKWASI wrote:
bartum wrote:
Ericsson wrote:
@rryyzz when I mentioned this I was crucified.
Kweli empty debes make the loudest noise.
Everything is unfolding into place

surely it is


At no time did the more knowledgeable Wazuans dispute your information or crucify you. They only educated you on the difference between the management theories you learn in class and what happen in a real corporate world.



@Ericsson, we crucified you because you have no comprehension of boardroom issues.

Todays business daily confirms the appointment of Tom Gitogo as the next CEO of CIC. The temporary position of deputy CEO is simply for hand over by the current CEO.

Me thinks its an excellent catch for CIC. Tom Gitogo brings with him from Pan Africa a good understanding of systems as Pan Africa was part of a multi national group.
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Ericsson
#24 Posted : Wednesday, September 10, 2014 12:11:02 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
Now in the next five years CIC Insurance will hit the target of their strategic plans 2014 to 2018.
Now let them bring the bond
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Othelo
#25 Posted : Wednesday, September 10, 2014 12:12:35 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Basically at the Corporate core team level any of the recommended candidates can carry the day depending on what is the strategic direction and business model the organization wants to take. The Board usually have the final say!

For me it is better to bring an outsider for dynamism and change ..... rather than status quo!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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its2013
#26 Posted : Friday, September 26, 2014 7:14:30 AM
Rank: Member

Joined: 1/4/2013
Posts: 255
Ericsson wrote:
Now in the next five years CIC Insurance will hit the target of their strategic plans 2014 to 2018.
Now let them bring the bond


I am positive about it too.
Pretty hurts
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Ericsson
#27 Posted : Sunday, November 09, 2014 11:59:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
David Rono MD of CIC Life Division resigned soon after Tom Gitogo was appointed group deputy MD.
The recruitment process for his replacement is being handled by PWC and an advert was placed last week in the dailies.
Mr Rono couldn't stomach reporting to Tom Gitogo
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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sparkly
#28 Posted : Monday, November 10, 2014 7:08:01 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:

Mr Rono couldn't stomach reporting to Tom Gitogo


Did he tell you that? Then he must have a problem. A deputy MD who will not stomach reporting to a specific person is simply petty and emotional, not worth of being MD himself.

Life is short. Live passionately.
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Ericsson
#29 Posted : Monday, November 10, 2014 9:02:13 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
@sparkly;
It was coming after he didn't get the deputy MD post.
He had reached the peak in the company so it was better look for greener pastures.
That is the corporate world FYI
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Othelo
#30 Posted : Wednesday, January 21, 2015 8:54:47 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
The scheming and maneuvering has been completed today and Tom is now the new MD of barely 3 months down the line ………. Probation or no probation. Kuria leaves in a month's time.
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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