IPEC Commissioner suspended?

IPEC Commissioner suspended?
Published: 10 May 2018
THE Insurance and Pension Commission (IPEC) commissioner Tendai Karonga has reportedly been suspended for alleged insubordination by the regulator's board.

According to information at hand, Karonga clashed with his board on how the insurance industry should be governed and regulated.

He purportedly accused other board members of being ignorant of the sector, lacking depth and failing to appreciate the technical aspects to the industry.

Karonga is said to have stormed out of board meetings twice following differences during deliberations.
- Fin Gaz
Tags: IPEC,

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