Britam appoints Barack Obatsa as Britam Asset Managers CEO
Britam Holdings has appointed Barack Obatsa as the Chief Executive Officer (CEO) of Britam Asset Managers (BAM), effective May 29, 2023.
Previously, Barack served as the Chief Investment Officer of ICEA LION Asset Management Limited. he also worked at Africa Alliance Bank Limited for 11 years, rising from an analyst position to regional chief investment officer.
"He has diverse and extensive investment management experience in various asset classes, ranging from traditional financial investments such as equities, and fixed income to alternatives like private equity, infrastructure, and real estate classes. Additionally, his experience includes exposure to the management of offshore funds," Britam said in a statement to newsrooms.
Barack Obatsa's educational background
Barack holds a Bachelor of Science Degree in Financial Services from the University of Manchester Institute of Science & Technology, a Master of Science in Finance (Economic Policy) from the University of London, and a Master of Science in Real Estate (Investment and Finance) from the University of Reading.
His professional designations include Chartered Banker, Certified Internal Auditor (CIA), and Chartered Financial Analyst (CFA). He is a member of the Institute of Certified Investments & Financial Analysts - Kenya, the Institute of Internal Auditors - Kenya, the CFA Institute, and the Royal Institution of Chartered Surveyors (RICS). Additionally, he is a Certified Engagement and Productivity Coach (CEPC), having successfully completed a globally accredited coaching program with CDI – Africa Coaching.
“We are excited to have Barack join the team and are confident that he will drive our new customer-centric transformational strategy to achieve revenue growth and strong financial performance for Britam Asset Managers,” Britam Board Chairman Kuria Muchiru said.
Barack completed a leadership development program from the Gordon Institute of Business Science, University of Pretoria, and has attended other training programs across the world and received certifications in leadership, financial modelling, equity valuation, investment strategy, portfolio management, infrastructure financing as well as public-private partnerships.
“I am delighted to have Barack on board, and we look forward to scaling the Britam Asset Managers business, competitive returns for our investors and exploring new opportunities in Kenya and the region,” Britam Group MD and CEO Tom Gitogo said.
