Job Title: General manager, finance and credit control
Company: Kenya Reinsurance Corporation
Ruth Wamuhu Ngugi is the general manager for finance and credit control at Kenya Reinsurance Corporation.
She joined the company after a brief period of self-employment as the CEO of Sunshine Scents and Accessories. Previously, she was the general insurance manager at Monarch Insurance Company, where she began as deputy manager of finance, in 2008. Ruth left the company in March 2020 to take up the role of group general manager at Kamu Non-Operating Holding Company before returning in 2021.
Ruth has over 16 years of experience in the insurance sector. She holds an MBA in finance from Jomo Kenyatta University of Agriculture and Technology (JKUAT), an international diploma in insurance from Cambridge International College, and a BCom from Kenyatta University.
Work
Jan 2024 - Present: general manager, finance and credit control, Kenya Re
May 2023 - Jan 2024: chief executive officer, Sunshine Scents and Accessories
June 2021 - Apr 2023: general insurance manager, Monarch Insurance Company
Mar 2020 - June 2021: group general manager, Kamu Non-Operating Holding Company Limited
Nov 2018 - Feb 2020: general manager, operations, Monarch Insurance Company Finance
June 2009 - Oct 2018: finance manager/chief accountant, Monarch Insurance Company
Jan 2008 - May 2009: deputy manager, finance, Monarch Insurance Company
Education
2010 - 2012 - MBA, Finance, JKUAT
May 2010 - May 2011: International Diploma in Insurance, Cambridge International College
Jan 1997 - Dec 1999: Bachelor of Commerce, Kenyatta University
Kenya Reinsurance Corporation
Kenya Reinsurance Corporation Limited, commonly referred to as Kenya Re, is the oldest reinsurer in eastern and central Africa. It was established by statute in December 1970 and began operating in January 1971. It provides reinsurance services to neary 500 insurance companies across Africa, the Middle East, and Asia.
