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CIC insurance hunting of CEO leaves sore taste
Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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word has that the hunting of its CEO was not transparent as some short listed was not interviewed thought he was seen to be having an upper hand thus some management team see this as under arm dealings. caveat iam not in any post at cic thus only a rumour
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Few weeks ago, CIC Insurance Group contracted Deloitte Consulting to do recruitment for the next Deputy CEO. The recruitment went well until when there were only three candidates remaining from the initial 43 of which only 9 were shortlisted for the interview. The names of the 9 were shortlisted, interviewed and 3 final names forwarded to the CEO of CIC Insurance Group Mr Nelson Kuria. The three were; 1.Mr David Rono, MD CIC Life Division – Scored 96% 2.Mr Kitoto, MD Panafric Insurance – Scored 68% 3.Mr Patric Tumbo, MD Jubilee Insurance – Scored 61% Funny enough, only Kitoto and Tumbo appeared on the list as they come from the Kikuyu community and not Mr Rono. Mr Rono was recommended by Deloitte Consulting. This is the current CIC Board of Directors http://cic.co.ke/board-of-directors/
The team which conducted the interview are; 1.Japheth Magomere - Chairman of Board 2.Rev Peter Kagane – Vice Chairman 3.Nelson Kuria – CIC Insurance 4.Stella Kaimenyi 5.Grace Mabishi – Auditor 6.Stanley Muchiri – Chairman Coop Bank Dr Martin Oduor Otieno formerly the CEO of KCB Group presented the Deloitte recommendations. Mrs Mabishi and Mr Magomere have been influenced by the CIC Group CEO to have Mr Kitoto who comes from the same village with Mr Kuria as the new Group Deputy CEO. So Ms Mabishi and Mr Magomere are running a parallel ad hoc committee to hand pick the Deputy CEO. This is how negative ethnicity is being practised in Kenya’s corporate world. Extremely sad Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 1/15/2010 Posts: 625
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Ericsson wrote:Few weeks ago, CIC Insurance Group contracted Deloitte Consulting to do recruitment for the next Deputy CEO. The recruitment went well until when there were only three candidates remaining from the initial 43 of which only 9 were shortlisted for the interview. The names of the 9 were shortlisted, interviewed and 3 final names forwarded to the CEO of CIC Insurance Group Mr Nelson Kuria. The three were; 1.Mr David Rono, MD CIC Life Division – Scored 96% 2.Mr Kitoto, MD Panafric Insurance – Scored 68% 3.Mr Patric Tumbo, MD Jubilee Insurance – Scored 61% Funny enough, only Kitoto and Tumbo appeared on the list as they come from the Kikuyu community and not Mr Rono. Mr Rono was recommended by Deloitte Consulting. This is the current CIC Board of Directors http://cic.co.ke/board-of-directors/
The team which conducted the interview are; 1.Japheth Magomere - Chairman of Board 2.Rev Peter Kagane – Vice Chairman 3.Nelson Kuria – CIC Insurance 4.Stella Kaimenyi 5.Grace Mabishi – Auditor 6.Stanley Muchiri – Chairman Coop Bank Dr Martin Oduor Otieno formerly the CEO of KCB Group presented the Deloitte recommendations. Mrs Mabishi and Mr Magomere have been influenced by the CIC Group CEO to have Mr Kitoto who comes from the same village with Mr Kuria as the new Group Deputy CEO. So Ms Mabishi and Mr Magomere are running a parallel ad hoc committee to hand pick the Deputy CEO. This is how negative ethnicity is being practised in Kenya’s corporate world. Extremely sad It's definitely a big problem starting all the way from the President's appointees to major offices. Tribalism is deeply ingrained in Kenya especially among the older folks. The only way to fight this kind of negative ethnicity is to shun companies which practice it. It would also help if minority communities came up with their own companies to compete against such companies. We used to have this problem with some Indian companies and it was stupid and foolish coz when alternatives come up there is a mass movement. So CIC Insurance is shooting itself in the foot. I'd love to see more competition on this angle in a constructive way.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Petty ....... Kuria is about 60 so retering soon. Company should be left in able hands! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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Angelica _ann wrote:Petty ....... Kuria is about 60 so retering soon. Company should be left in able hands! So is there any need for Rono to bother applying for the CEO'S position when it falls vacant seeing that he wasted his time applying for the deputy CEO's post?
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Rank: Member Joined: 12/7/2010 Posts: 520 Location: Epicentre - Ngamia 1
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Ericsson wrote:Few weeks ago, CIC Insurance Group contracted Deloitte Consulting to do recruitment for the next Deputy CEO. The recruitment went well until when there were only three candidates remaining from the initial 43 of which only 9 were shortlisted for the interview. The names of the 9 were shortlisted, interviewed and 3 final names forwarded to the CEO of CIC Insurance Group Mr Nelson Kuria. The three were; 1.Mr David Rono, MD CIC Life Division – Scored 96% 2.Mr Kitoto, MD Panafric Insurance – Scored 68% 3.Mr Patric Tumbo, MD Jubilee Insurance – Scored 61% Funny enough, only Kitoto and Tumbo appeared on the list as they come from the Kikuyu community and not Mr Rono. Mr Rono was recommended by Deloitte Consulting. This is the current CIC Board of Directors http://cic.co.ke/board-of-directors/
The team which conducted the interview are; 1.Japheth Magomere - Chairman of Board 2.Rev Peter Kagane – Vice Chairman 3.Nelson Kuria – CIC Insurance 4.Stella Kaimenyi 5.Grace Mabishi – Auditor 6.Stanley Muchiri – Chairman Coop Bank Dr Martin Oduor Otieno formerly the CEO of KCB Group presented the Deloitte recommendations. Mrs Mabishi and Mr Magomere have been influenced by the CIC Group CEO to have Mr Kitoto who comes from the same village with Mr Kuria as the new Group Deputy CEO. So Ms Mabishi and Mr Magomere are running a parallel ad hoc committee to hand pick the Deputy CEO. This is how negative ethnicity is being practised in Kenya’s corporate world. Extremely sad These people? Highly doubt, never heard of Kitoto and Tumbo from that community. Very cheap propaganda!!! Build your own dreams, or someone else will hire you to build theirs - Farrah Gray.
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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It is not Kitoto but Tom Gitogo the current MD of Pan Africa Life Insurance Company Tumbo is the Jubilee MD Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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Chaka wrote:Angelica _ann wrote:Petty ....... Kuria is about 60 so retering soon. Company should be left in able hands! So is there any need for Rono to bother applying for the CEO'S position when it falls vacant seeing that he wasted his time applying for the deputy CEO's post? rono definitely not in list. worst part he may quiet
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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mv_ufanisi wrote:Ericsson wrote:Few weeks ago, CIC Insurance Group contracted Deloitte Consulting to do recruitment for the next Deputy CEO. The recruitment went well until when there were only three candidates remaining from the initial 43 of which only 9 were shortlisted for the interview. The names of the 9 were shortlisted, interviewed and 3 final names forwarded to the CEO of CIC Insurance Group Mr Nelson Kuria. The three were; 1.Mr David Rono, MD CIC Life Division – Scored 96% 2.Mr Kitoto, MD Panafric Insurance – Scored 68% 3.Mr Patric Tumbo, MD Jubilee Insurance – Scored 61% Funny enough, only Kitoto and Tumbo appeared on the list as they come from the Kikuyu community and not Mr Rono. Mr Rono was recommended by Deloitte Consulting. This is the current CIC Board of Directors http://cic.co.ke/board-of-directors/
The team which conducted the interview are; 1.Japheth Magomere - Chairman of Board 2.Rev Peter Kagane – Vice Chairman 3.Nelson Kuria – CIC Insurance 4.Stella Kaimenyi 5.Grace Mabishi – Auditor 6.Stanley Muchiri – Chairman Coop Bank Dr Martin Oduor Otieno formerly the CEO of KCB Group presented the Deloitte recommendations. Mrs Mabishi and Mr Magomere have been influenced by the CIC Group CEO to have Mr Kitoto who comes from the same village with Mr Kuria as the new Group Deputy CEO. So Ms Mabishi and Mr Magomere are running a parallel ad hoc committee to hand pick the Deputy CEO. This is how negative ethnicity is being practised in Kenya’s corporate world. Extremely sad It's definitely a big problem starting all the way from the President's appointees to major offices. Tribalism is deeply ingrained in Kenya especially among the older folks. The only way to fight this kind of negative ethnicity is to shun companies which practice it. It would also help if minority communities came up with their own companies to compete against such companies. We used to have this problem with some Indian companies and it was stupid and foolish coz when alternatives come up there is a mass movement. So CIC Insurance is shooting itself in the foot. I'd love to see more competition on this angle in a constructive way. I have never heard of an okuyu named Kitoto or Tumbo. #41v1propagandaReloadedForReferendum
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:Few weeks ago, CIC Insurance Group contracted Deloitte Consulting to do recruitment for the next Deputy CEO. The recruitment went well until when there were only three candidates remaining from the initial 43 of which only 9 were shortlisted for the interview. The names of the 9 were shortlisted, interviewed and 3 final names forwarded to the CEO of CIC Insurance Group Mr Nelson Kuria. The three were; 1.Mr David Rono, MD CIC Life Division – Scored 96% 2.Mr Kitoto, MD Panafric Insurance – Scored 68% 3.Mr Patric Tumbo, MD Jubilee Insurance – Scored 61% Funny enough, only Kitoto and Tumbo appeared on the list as they come from the Kikuyu community and not Mr Rono. Mr Rono was recommended by Deloitte Consulting. This is the current CIC Board of Directors http://cic.co.ke/board-of-directors/
The team which conducted the interview are; 1.Japheth Magomere - Chairman of Board 2.Rev Peter Kagane – Vice Chairman 3.Nelson Kuria – CIC Insurance 4.Stella Kaimenyi 5.Grace Mabishi – Auditor 6.Stanley Muchiri – Chairman Coop Bank Dr Martin Oduor Otieno formerly the CEO of KCB Group presented the Deloitte recommendations. Mrs Mabishi and Mr Magomere have been influenced by the CIC Group CEO to have Mr Kitoto who comes from the same village with Mr Kuria as the new Group Deputy CEO. So Ms Mabishi and Mr Magomere are running a parallel ad hoc committee to hand pick the Deputy CEO. This is how negative ethnicity is being practised in Kenya’s corporate world. Extremely sad Corporations do not run on democratic principles. I am surprised you are not also raising gender equality in addition to the regional representation issue. Life is short. Live passionately.
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Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
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Forester wrote:Ericsson wrote:Few weeks ago, CIC Insurance Group contracted Deloitte Consulting to do recruitment for the next Deputy CEO. The recruitment went well until when there were only three candidates remaining from the initial 43 of which only 9 were shortlisted for the interview. The names of the 9 were shortlisted, interviewed and 3 final names forwarded to the CEO of CIC Insurance Group Mr Nelson Kuria. The three were; 1.Mr David Rono, MD CIC Life Division – Scored 96% 2.Mr Kitoto, MD Panafric Insurance – Scored 68% 3.Mr Patric Tumbo, MD Jubilee Insurance – Scored 61% Funny enough, only Kitoto and Tumbo appeared on the list as they come from the Kikuyu community and not Mr Rono. Mr Rono was recommended by Deloitte Consulting. This is the current CIC Board of Directors http://cic.co.ke/board-of-directors/
The team which conducted the interview are; 1.Japheth Magomere - Chairman of Board 2.Rev Peter Kagane – Vice Chairman 3.Nelson Kuria – CIC Insurance 4.Stella Kaimenyi 5.Grace Mabishi – Auditor 6.Stanley Muchiri – Chairman Coop Bank Dr Martin Oduor Otieno formerly the CEO of KCB Group presented the Deloitte recommendations. Mrs Mabishi and Mr Magomere have been influenced by the CIC Group CEO to have Mr Kitoto who comes from the same village with Mr Kuria as the new Group Deputy CEO. So Ms Mabishi and Mr Magomere are running a parallel ad hoc committee to hand pick the Deputy CEO. This is how negative ethnicity is being practised in Kenya’s corporate world. Extremely sad These people? Highly doubt, never heard of Kitoto and Tumbo from that community. Very cheap propaganda!!! Really?Does Patrick Tumbo Nyamemba sound like a Kiuk name to you?And for your info most companies don't have fair ethnic ratios.Please visit e.g Spectre Intl,Transnational Bank,Equity Bank,Credit Bank etc.You will notice that the ethnic balance is inclined towards the founders ethnicity. The truth cuts both ways,lets not spread cheap propaganda against one tribe.Watu wafanye kazi!We are all children of God. Formally employed people often live their employers' dream & forget about their own.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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bird_man wrote:Forester wrote:Ericsson wrote:Few weeks ago, CIC Insurance Group contracted Deloitte Consulting to do recruitment for the next Deputy CEO. The recruitment went well until when there were only three candidates remaining from the initial 43 of which only 9 were shortlisted for the interview. The names of the 9 were shortlisted, interviewed and 3 final names forwarded to the CEO of CIC Insurance Group Mr Nelson Kuria. The three were; 1.Mr David Rono, MD CIC Life Division – Scored 96% 2.Mr Kitoto, MD Panafric Insurance – Scored 68% 3.Mr Patric Tumbo, MD Jubilee Insurance – Scored 61% Funny enough, only Kitoto and Tumbo appeared on the list as they come from the Kikuyu community and not Mr Rono. Mr Rono was recommended by Deloitte Consulting. This is the current CIC Board of Directors http://cic.co.ke/board-of-directors/
The team which conducted the interview are; 1.Japheth Magomere - Chairman of Board 2.Rev Peter Kagane – Vice Chairman 3.Nelson Kuria – CIC Insurance 4.Stella Kaimenyi 5.Grace Mabishi – Auditor 6.Stanley Muchiri – Chairman Coop Bank Dr Martin Oduor Otieno formerly the CEO of KCB Group presented the Deloitte recommendations. Mrs Mabishi and Mr Magomere have been influenced by the CIC Group CEO to have Mr Kitoto who comes from the same village with Mr Kuria as the new Group Deputy CEO. So Ms Mabishi and Mr Magomere are running a parallel ad hoc committee to hand pick the Deputy CEO. This is how negative ethnicity is being practised in Kenya’s corporate world. Extremely sad These people? Highly doubt, never heard of Kitoto and Tumbo from that community. Very cheap propaganda!!! Really?Does Patrick Tumbo Nyamemba sound like a Kiuk name to you?And for your info most companies don't have fair ethnic ratios.Please visit e.g Spectre Intl,Transnational Bank,Equity Bank,Credit Bank etc.You will notice that the ethnic balance is inclined towards the founders ethnicity. The truth cuts both ways,lets not spread cheap propaganda against one tribe.Watu wafanye kazi!We are all children of God. There is no law on equal representation in private corporations and senior corporate appointments rarely go to the most brilliant candidates so @Ericsson despite his eloquent expose has missed the boat by a river.  Life is short. Live passionately.
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Rank: Elder Joined: 7/23/2008 Posts: 3,017
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This post sounds like nonsense, there is no way a serious insurance company can pass the chance to employe Tom Gitogo or Patrick Tumbo, 2 seriously proven CEO's of large insurer's for some no name from within their ranks. That Rono guy could not have outscored these 2 guy's in an interview. The matrices used in such an interview would be heavily skewed towards the 2 CEO's. How did @Eriscson guy get this fake scores anyway. This post is maligning the reputations of CIC and even the recruiting agent Deloitte. "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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This thread is full of nonsense and stupid propaganda! I had avoided it all along. Why did I click on it today??? I expect facts and reasoned arguments in wazua! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 9/2/2010 Posts: 845
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The post is from KahawaTungu.com a.k.a. Walalahoi a.k.a. Robert Alai. I dont think there is anything else that needs to be said. All my friends are heathens, take it slow. Wait for them to ask you who you know. Please don't make any sudden moves.
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Rank: Veteran Joined: 5/18/2008 Posts: 796
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@innairobi, are you saying someone had the temerity to pick a story written by Alai and post it here. come on!!! surely everyone knows only rubbish comes from that guy
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Rank: Member Joined: 1/4/2013 Posts: 255
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A few years back I used to find posts on wazua very sober and refreshing but of late things are changing.
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Rank: Member Joined: 4/20/2012 Posts: 888
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Welcome to Board Room politics....., never are appointments made on pure merit. If you wish to be considered on pure merit...create your company and be the CEO.
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Rank: Member Joined: 5/19/2012 Posts: 552
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Gitogo it is for the deputy MD position. Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.... Leo Buscaglia
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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@rryyzz when I mentioned this I was crucified. Kweli empty debes make the loudest noise. Everything is unfolding into place Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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CIC insurance hunting of CEO leaves sore taste
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