The Bermuda Monetary Authority has appointed Gerald Gakundi as director, supervision (insurance).

Mr Gakundi has more than 15 years of experience in the insurance industry. After joining the BMA in 2010 as assistant director, supervision (insurance), he was subsequently promoted to deputy director.

He has been an active contributor in the BMA’s international engagement, including leading dialogue with the National Association of Insurance Commissioners Executive, European Insurance and Occupational Pensions Authority and other insurance regulatory authorities. Mr Gakundi has also assisted in the development and implementation of the BMA’s long- and medium-term insurance supervision strategy and policy.