Chihota appointed Fidelity Life Assurance managing director

Chihota appointed Fidelity Life Assurance managing director

Staff writer

Zimre Holdings Limited has appointed Reginald Chihota as the Managing Director of its subsidiary, Fidelity Life Assurance effective March 1 2022.

In an internal memo seen by Insurance24,  Zimre CEO Stanley Kudenga Said Chihota, who has a strong background in  the Life, Pensions and Medical Aid business, was an experienced insurer.

“It gives me great pleasure to advise EXCO members, and a ZHL Group staff that Reginald Chihota has been appointed as substantive Managing Director of Fidelity Life Assurance of Zimbabwe, with effect from 1st March 2022, ” he said.

Chihota has held various roles within Fidelity including that of General Manager: Employee Benefits, Retail and Funeral Life Assurance and his most recent role before this appointment was Services, a position he has held since April 2014.

Over the years, Chihota has been assigned to countries such as Angola, Mozambique, Zambia and South Sudan and has led numerous initiatives within the region and beyond.

“He is a holder of a Master’s in Business Administration (MBA) from the University of Gloucestershire [UK] as well as other numerous certifications in Marketing and insurance.

“Join me in congratulating Reginald on his appointment and wishing him all the best in his new role,” Kudenga said

Chihota’s appointment follows ZHLs’ acquisition of a controlling stake in insurance firm Fidelity Life Assurance.

The deal saw Zimre re-integrate Fidelity, which was once part of the group over 15 years ago, until it was unbundled.