African Risk Capacity (ARC) announces pair of new additions to its board

mTek, a Kenyan-based InsurTech firm, has secured an investment of $1.25m (KSh 167.8m) to advance its expansion plans within the Kenyan and East African insurance markets.

African Risk Capacity (ARC), a renowned insurance firm, has announced a pair of additions to its board.

The firm has welcomed Susan Kasinga and Helen Amarquaye as non-executive directors to its Board, with the duo bringing specialised technical experience in finance and insurance.

The appointments underscore ARC’s commitment to fostering diversity and inclusivity at the highest levels of leadership.

Speaking on the news, ARC CEO Lesley Ndlovu, said, “We are pleased to welcome Susan and Helen to our Board of Directors. Their wealth of experience, unique expertise and understanding of our operating environment form a rare combination and will serve to complement the strength of our Board. Their appointments also further reinforce our commitment to fostering diversity and inclusivity at the highest levels of leadership. We look forward to their strategic guidance and valuable contributions.”

Kasinga boasts over 30 years of experience in the financial sector, holding certifications as a CPA, CS, and certified executive coach. Her impressive track record includes serving on the boards of nine blue-chip companies and leading various committees, demonstrating her expertise in financial management and governance.

Amarquaye brings over 25 years of diverse experience in risk management and compliance across multiple industries, including insurance, telecommunications, and FMCG. As a qualified chartered insurer, her insights will be invaluable in enhancing ARC’s risk management capabilities.

TheBoardroom Africa was engaged to carry out the responsibilities of these appointments because of the recruitment firm’s expertise in diverse talent search, aimed at promoting exceptional African talent for board and executive roles worldwide.

This partnership with ARC Ltd. for the recent appointments follows less than a year after the placement of two additional non-executive directors on the Board.

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