As Deputy Managing Director and Head of Insurance and Investment Funds at the Bermuda Monetary Authority (Authority or BMA), Gerald Gakundi is a member of the BMA’s Senior Leadership Team, contributing to the development and implementation of the Authority’s strategies and policies, with a specific focus on leading the teams supervising all (re)insurance and investment funds licensed entities.

Mr Gakundi has over 25 years of experience working in the insurance industry, including 18 of those in Bermuda. Mr Gakundi joined the Authority in 2010 as Assistant Director, Supervision (Insurance). He has extensive knowledge of Bermuda’s insurance regulatory environment which has allowed him to be an active contributor in the BMA’s international engagement efforts, including leading dialogue with the National Association of Insurance Commissioners (NAIC), the European Insurance and Occupational Pensions Authority (EIOPA) and numerous other insurance regulatory authorities. Over the years, he has also assisted in developing and implementing the Authority’s long and medium-term insurance supervision strategy and policy.

Prior to joining the Authority, Mr Gakundi worked as a Senior Audit Manager at Ernst & Young Ltd. Bermuda.