May 19, 2020

Simba Corp. announces new appointments in executive reshuffle

CFO
CEO
mergers and acquisitions
Simba Corp.
Jennifer Thomas
2 min
Simba Corp. announces new appointments in executive reshuffle

Nairobi-based Simba Corp., a leading and diverse East African industrial company, has revealed an executive reshuffle with the announcement of new appointments in a number of the company’s key positions.

The company’s Chief Executive Officer Adil Popat has stepped down from his role, becoming the Executive Chairman, facilitating the executive overhaul.

Dinesh Kotecha has taken over from Popat as Simba’s CEO, promoted from Executive Director, whilst Suraj Shah has been named as the company’s new CFO, leaving his post as Financial Controller for Villa Rosa Kempinski.

See also:

The reasoning behind the changes to leadership is to facilitate further regional growth of the business, coming at a time of expansion, as Simba Corp has recently acquired both a 35% stake in Hemingways Holdings and a controlling 50% stake in Associated Vehicle Assemblers.

“The new appointments aim to better position the Group for the future, evolve the Group’s growth and improve internal and external operations,” said Simba Corp.

“Simba Corporation has laid out a diversification strategy that aims to grow the business in the region.”

Further appointments include Matata Munyeke and Ameet Shroff as the Chief Commercial Officers, with a position needed for both Established Brands and Emerging Brands due to the company’s recent acquisitions.

Shroff will oversee Simba’s established franchises of Fuso, Mitsuibishi and BMW, whilst Munyeke will lead the firm’s interests in Renault, Mahindra, Power Systems, AFMS and SAME, each of which have been added to the company’s portfolio in more recent times.

Share article

Jun 14, 2021

5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly

Tapoly
Insurance
Leadership
Digital
Kate Birch
3 min
Heading up Europe’s first on-demand insurance platform for the gig economy, Janthana Kaenprakhamroy is winning awards and leading with diversity

Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.

Here, Business Chief talks to Janthana about her leadership style and skills. 

What do you do, in a nutshell?

I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.

How would you describe your leadership style?

I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.

What’s the best leadership advice you’ve received?

Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.

How do you see leadership changing in a COVID world?

I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.

They say ‘from every crisis comes opportunity’, what opportunities do you see?

The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless. 

What advice would you give to your younger self just starting out in the industry?

Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.

 

Share article