Insurance boss talks passion for stocks trading

Business Daily Kenya: 

Chief executive of Madison Insurance Joshua Njiru

Chief executive of Madison Insurance Joshua Njiru runs a busy along with also tight schedule. Twenty four hours is actually hardly enough to balance the demands of the board, his staff, have meetings with managers, while at the same time keeping an eye of his family along with also strategic future of the firm.

“My typical day starts at 4:50am along with also ends at around 9pm,” says the 43-year-old father of four who has an extensive practice in venture capital.

Njiru was for a long time involved in four different undertakings before Madison came calling almost eight years ago. He spent two years inside insurance business along with also a six-year spell at Madison Asset management.
After graduating via the University of Nairobi having a Bachelor’s degree in Land Economics, he spent a few years working for several companies, big along with also tiny, along with also got opportunities to lead some key projects of which helped organisations drive improvement along with also efficiencies.

“I started off as property manager along with also valuer, worked as an accountant, left accounting along with also went to consultancy with Deloitte in corporate finance. I later joined a sister company to Standard Chartered Bank, First Africa as a consultant corporate finance before joining Old Mutual before joining the insurance business,” says Njiru.

He worked his way up the ladder along with also was hired chief executive in April 2015. He attributes his achievements to God, family, honest dealings along with also compassionate staff.

Njiru, a soft-spoken bloke, over six inches tall, does not consider himself a “bright student”. Despite his many achievements he never imagined of heading an insurance company in such aptitude.

“I come via a family of 10 along with also my father was a primary school teacher, who supported us all through our education.  He instilled seeds of hard work along with also aggression,”  said Njiru.

Besides his day job at Madison insurance company, Njiru is actually an active stocks market along with also bonds trading follower.

He makes decent money just by discerning best performing firms at the Nairobi Securities Exchange (NSE) before securing shares into those firms. He later flogs the shares at higher returns.

“I invest my money wisely, I don’t run a matatu business neither am I involved in farming, of which’s stressful. My work is actually truly simple, I monitor the company, study the market before buying stocks.

I have made money buying shares via many companies, I have equally lost yet made not bad returns in most cases. The secret is actually patience along with also getting in when the idea is actually low along with also out when the idea is actually high,” he advises.

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Insurance boss talks passion for stocks trading

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