Kenya: CIC Subsidiary to Manage Pension Funds

22 January 2013

Nairobi — The Retirement Benefits Authority (RBA) has licensed CIC Asset Management Limited, a subsidiary of leading co-operatives insurer, CIC Insurance Group Ltd, to manage pension funds.

CIC Asset Management Managing Director, Peter Mwaura, said the company will leverage partnerships with co-operatives and chamas across the country to grow the business.

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