About Afrexim
Afreximbank: CEO, AfrexInsure – Cairo, Egypt
The African Export-Import Bank (Afreximbank), a multilateral financial institution created in 1993 by the partnership of African states, the African private sector, international financial institutions and non-African States who’s mandate is to promote the trade of African states by providing financing and other services, largely to private sector clients. The Headquarters of the institution is in Cairo, Egypt, with 6 regional offices across the African continent and in the Caribbean and employing 200 people, the Bank in 2023 had total assets of 37 bn USD and generated net income of 450m USD. General information on the Bank is available on its website: www.afreximbank.com.
Afreximbank has evolved into a group structure compromising the Bank, an impact fund subsidiary, and an insurance management subsidiary (AfrexInsure), which together form the Afreximbank Group. AfrexInsure is an insurance management services company which offers speciality solutions for trade and trade related investments across Africa. AfrexInsure also partners with Pan African (Re)insurers, thus providing African solutions for African business problems. General information on AfrexInsure is available on its website: Insurance Management Services for African Trade | Afrexinsure
AfrexInsure is currently seeking to appoint a new Chief Executive Officer to lead the organization. The CEO of AfrexInsure is responsible for developing and implementing the strategic direction of the organization through business development and the execution of optimal operational and technical activities. As the leader of AfrexInsure, the CEO will be tasked with driving growth across the continent while establishing AfrexInsure as a leader in insurance management.
Applicants must be African nationals (exclusively) and must possess a strong strategic vision, extensive experience in financial management within the insurance sector, risk management, and compliance. They must be effective stakeholders, capable of leading high-performing teams and driving innovation. Applicants must also have established leadership and communication skills and be fluent in English or French, with a working knowledge of the other. Knowledge of Arabic and/or Portuguese is advantageous. Applicants must be willing and able to relocate to Cairo.
Requirements: Qualification and Skill
- Minimum of 15 years as CEO or relevant C-suite roles within the insurance industry, with a focus on specialty insurance management services
- Track record shaping and implementing strategy as organisational leader
- Experience driving growth over multiple African countries
- Expert knowledge of the insurance industry across the African continent, including regulations
- Effective in managing a wide range of stakeholders and maintaining relevant network
Contractual information:
- Permanent
- Willing and able to relocate to Cairo for the opportunity.
Afreximbank retained the services of Egon Zehnder for this CEO search. Applicants are requested to send a detailed CV, cover letter, and references to ceoafrexinsure@egonzehnder.com clearly stating AfrexInsure CEO Application in the subject of the email.
Applications must arrive by email no later than midnight CET on February 21, 2025. Egon Zehnder will enter further correspondence only with shortlisted applicants.