Diana Ndukumumo Appointed Liquidator as Invesco Enters Provisional Liquidation
NAIROBI, Kenya, Aug 26 – Diana Ndukumumo has been appointed provisional liquidator of Invesco Assurance Company Limited, following a High Court order Kenya breaking news | Kenya news today |..
✨ Key Highlights
Diana Ndukumumo has been appointed provisional liquidator for Invesco Assurance Company Limited following a High Court order issued on July 31, 2025. This action aims to stabilize the troubled insurer amidst ongoing financial difficulties and a previous liquidation petition filed in December last year.
- Creditors are required to submit claims through Proofs of Debt, while directors must file a Statement of Affairs within 21 days.
- The Insurance Regulatory Authority (IRA) had previously placed Invesco under statutory management in August 2024, extending this period in February 2025.
- The Policyholders Compensation Fund (PCF) was serving as the Statutory Manager.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Keroche, LSHS, and Invesco Face Liquidation and Auction Over Debts - August 2025
Several Kenyan companies are facing severe financial distress. Keroche Breweries Limited is subject to a new liquidation petition from a former Managing Director over an unpaid debt of approximately Sh75 million. Labh Singh Harnam Singh Ltd (LSHS), Kenya’s oldest truck and bus body manufacturer, is being auctioned to recover a Sh1.1 billion debt owed to KCB Group. The company's assets, including a 5-acre industrial property in Machakos County, are up for sealed bids. In another case, Invesco has entered provisional liquidation, with Diana Ndukumumo appointed as the liquidator.
