HAMILTON, BERMUDA – The Bermuda Monetary Authority (Authority or BMA) today announced the appointment of Gerald Gakundi to the position of Director, Supervision (Insurance).
Mr. Gakundi has more than 15 years’ experience in the insurance industry. After joining the Authority in 2010 as Assistant Director, Supervision (Insurance), he was subsequently promoted to Deputy Director. He has extensive knowledge of Bermuda’s insurance regulatory environment. This has allowed him to be an active contributor in the BMA’s international engagement, including leading dialogue with the National Association of Insurance Commissioners (NAIC) Executive, European Insurance and Occupational Pensions Authority (EIOPA) and numerous other insurance regulatory authorities. Over the years, he has also assisted in the development and implementation of the Authority’s long and medium-term insurance supervision strategy and policy.