Kenya: APA Insurance Hires Former Jubilee Boss As CEO

The leadership mantle at APA Insurance has changed hands after the firm tapped a former Jubilee Insurance CEO as its head.This comes after Ashok Shah was elevated as CEO of the firm's holding company -- Apollo Investments -- and his place taken by Simon Clayton who will be unveiled on Wednesday.

Mr Clayton joined the local insurance firm from United Kingdom's insurance firm LFC Shield and he served as CEO of Jubilee Insurance for one year in 2007. "Mr Clayton has taken over as the CEO at APA Insurance. I have been appointed the Group CEO of the holding company, Apollo Investments," said Mr Shah.

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