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Home - Investigation - PAY & POWER GAMES – CEO Godfrey Kiptum Faces Ouster Demands as IRA CEO Term Expires

PAY & POWER GAMES – CEO Godfrey Kiptum Faces Ouster Demands as IRA CEO Term Expires

Sema YoteBy Ezekiel IkatwaUpdated:August 25, 2025 Investigation 2 Mins ReadMay 4, 2025
CEO Godfrey Kiptum
CEO Godfrey Kiptum
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“PAY & POWER GAMES LAWYER DEMANDS OUSTER OF INSURANCE BOSS WHO WOULDN’T LEAVE” A fiery legal showdown is brewing in Nairobi as a bold lawyer demands the Treasury pull the plug on Insurance Regulatory Authority CEO Godfrey Kiptum, a man whose term officially expired months ago but still holds court like nothing happened.

In a sharply worded letter labelled urgent and delivered to the Treasury on April 30, prominent advocate Suleiman Bashir accuses Kiptum of clinging to power despite the curtain falling on his second and final term on February 28, 2025. That hasn’t stopped Kiptum from wielding full authority and pocketing a government paycheck, perks, and all.

CEO Godfrey Kiptum
CEO Godfrey Kiptum

Bashir isn’t mincing words. He says Kiptum’s extended stay is illegal, unethical, and a blatant misuse of public funds. “His time’s up,” the letter states, calling on the Treasury to immediately freeze all payments to the CEO and kickstart the recruitment of a fresh face to lead the regulator.

Kiptum’s journey to the top spans over nine years. He began in an acting role back in 2016, got confirmed in 2019, and secured a second (and supposedly final) term in 2022. The Insurance Act sets a two-term limit, and according to Bashir, that limit has been overshot.

But this isn’t just a simple case of an overstayed welcome. Insiders whisper of powerful ties, including a rumoured close relationship with Head of Public Service Felix Kosgey, said to be Kiptum’s village mate. That connection may be the invisible shield keeping him firmly in place.

CEO Godfrey Kiptum

The drama stretches back to 2024 when Kiptum locked horns with then-IRA Board Chair Mwanga Mabonga. Mabonga tried to send him packing during an inquiry into shady dealings, but the plan backfired. Mabonga was ousted, and Kiptum emerged unscathed.

Now, Bashir has raised the stakes, copying his letter to the Public Service Commission, the Ethics and Anti-Corruption Commission, and the IRA Board, daring the system to act. He’s given the Treasury seven days to respond or face legal fireworks.

Will the rule of law prevail, or will the old boys’ network hold firm once again? All eyes are now on the Treasury, and the clock is ticking.

CEO Godfrey Kiptum
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