Lusaka, 20.5.25 – ZSIC General Insurance Managing Director, Mr. Trevor Jengajenga, has expressed the company’s interest in fostering collaboration with the Zambia Industrial Commercial Bank (ZICB), as part of its broader rebranding and business revitalisation agenda.
Speaking during a courtesy call by ZICB Chief Executive Officer Mr. Ngenda Nyambe at Premium House, Mr. Jengajenga noted that the rebranding initiative is among several strategic measures aimed at sustaining profitability and market competitiveness.
“ZSIC General Insurance remains committed to declaring a dividend to the government through the Industrial Development Corporation (IDC). We will continue to pursue strategic partnerships that support our ambition of remaining a strong player in the general insurance sector,” he said.
Mr. Jengajenga reaffirmed the company’s dedication to working closely with fellow IDC subsidiaries, including ZICB, to unlock synergies and enhance operational efficiency.
In response, Mr. Nyambe welcomed the prospect of collaboration, highlighting ZICB’s growing market presence and financial strength. He emphasised that the bank remains well-positioned to meet the financial needs of its expanding client base.
“ZICB is a competitive and profitable banking institution. With our expanded branch network, following the absorption of the liquidated Investrust Bank branches, we are well equipped to support institutions like ZSIC General, especially in facilitating claims payments and other financial transactions,” said Mr. Nyambe.
Both leaders expressed optimism about the potential impact of enhanced cooperation between their institutions in contributing to national development and improved service delivery within the financial services sector.
