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Patrick Nyaga
Chief Executive Officer at
THE CIC INSURANCE GROUP PLC
Net worth: 459 238 $ as of 2026-05-30
Profile
Patrick Nyaga is currently the Group Chief Executive Officer & Executive Director at CIC Insurance Group Ltd. since 2020.
Also holds the positions of Chief Executive Officer, Director & Group MD at CIC Life Assurance Ltd., Director at CIC General Insurance Ltd., and is a Member of both the Institute of Certified Public Accountants of Kenya and the Institute of Directors (Kenya).
Formerly served as Director-Finance & Administration Division at The Co-operative Bank of Kenya Ltd. from 2004 to 2020 and as Regional Head-Assurance at Absa Bank Kenya Plc from 2002 to 2004.
Education includes an MBA from Strathmore Business School and an undergraduate degree from the University of Nairobi.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2024-12-30 | 14,187,140 ( 0.49% ) | 459 238 $ | 2026-05-30 |
Patrick Nyaga active positions
| Companies | Position | Start |
|---|---|---|
| THE CIC INSURANCE GROUP PLC | Chief Executive Officer | 2020-06-21 |
Institute of Certified Public Accountants of Kenya | Corporate Officer/Principal | - |
CIC General Insurance Ltd.
 CIC General Insurance Ltd. Multi-Line InsuranceFinance Provides property, school bus and health insurance services | Director/Board Member | - |
Institute of Directors (Kenya)
 Institute of Directors (Kenya) Miscellaneous Commercial ServicesCommercial Services Operates organization for addressing and promoting corporate directors | Corporate Officer/Principal | - |
CIC Life Assurance Ltd.
 CIC Life Assurance Ltd. Life/Health InsuranceFinance Provides life insurance and claims services | Chief Executive Officer | - |
Former positions of Patrick Nyaga
| Companies | Position | End |
|---|---|---|
| THE CO-OPERATIVE BANK OF KENYA LIMITED | Director of Finance/CFO | 2020-05-31 |
| ABSA BANK KENYA PLC | Corporate Officer/Principal | 2004-09-30 |
Training of Patrick Nyaga
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
81
1st degree connections
9
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 9 |
|---|---|
Absa Bank Kenya Plc
 Absa Bank Kenya Plc Regional BanksFinance Provides banking and financial services | Finance |
University of Nairobi
 University of Nairobi Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
The Co-operative Bank of Kenya Ltd.
 The Co-operative Bank of Kenya Ltd. Regional BanksFinance Provides commercial banking services | Finance |
Institute of Certified Public Accountants of Kenya | |
Institute of Directors (Kenya)
Institute of Directors (Kenya) Miscellaneous Commercial ServicesCommercial Services Operates organization for addressing and promoting corporate directors | Commercial Services |
CIC Insurance Group Ltd.
 CIC Insurance Group Ltd. Multi-Line InsuranceFinance Provides general and life insurance, pension and fund administration services | Finance |
Strathmore Business School
 Strathmore Business School Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
CIC Life Assurance Ltd.
CIC Life Assurance Ltd. Life/Health InsuranceFinance Provides life insurance and claims services | Finance |
CIC General Insurance Ltd.
CIC General Insurance Ltd. Multi-Line InsuranceFinance Provides property, school bus and health insurance services | Finance |
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