Harboursandport.com: Lagos – May 29, 2025: Continental Reinsurance Group is pleased to announce several key leadership changes that reflect the company’s continued evolution into a pan-African holding structure and its commitment to robust governance and strategic growth.
Group-Level
Appointments
Mr. Lawrence
Nazare has been appointed Group Managing Director of Continental Reinsurance
Holdings, headquartered in Botswana. His transition follows the completion of
his tenure as Managing Director/CEO of Continental Reinsurance Plc, Nigeria, in
December 2024. In this new capacity, Mr. Nazare will oversee the Group’s
pan-African operations and long-term strategic direction.
 |
| Dr. Fatai Kayode Lawal, MD/CEO, Continental Re Nigeria |
Joining him on the Board of Continental Reinsurance Holdings are two distinguished Non-Executive Directors:
Mr. Paul
Kokoricha, former Chairman of Continental Reinsurance Plc, now appointed
Chairman of the Board at Group level.
Mr. Steve
Iwenjora, formerly a Non-Executive Director at Continental Reinsurance Plc, who
has now been appointed a Non-Executive Director at Group level.
These
appointments reinforce the Group’s leadership as it executes the next phase of
regional integration and strategic oversight.
Reflecting
on his transition to the Group Board, Mr. Kokoricha said: “It has been an
honour to serve as Chairman of Continental Reinsurance Plc, Nigeria, where we
achieved significant milestones in growth and governance. As we now pivot to a
consolidated Group structure, I am excited to continue supporting the company
at this higher level—working with the leadership team to sustain our
pan-African momentum and long-term ambition.”
Mr. Nazare
added: “It’s been a privilege to lead our Nigeria business and support the
broader Group’s evolution. As I now focus fully on the Group-level role, I
remain committed to driving Continental Re’s strategic vision across Africa.”
Nigeria
Entity: New CEO and Board Members at Continental Reinsurance Plc
To lead the
Nigeria entity in charge of Anglophone West Africa operations, Dr. Fatai Kayode
Lawal has been appointed Managing Director/CEO of Continental Reinsurance
Plc, Nigeria effective April 2025.
Dr. Fatai
Kayode Lawal brings a wealth of experience to his new role. He holds a B.Sc.
(Hons) in Insurance from the University of Lagos, an MBA from the same
institution, and a Doctorate in Management (Leadership and Organizational
management) from the University of Phoenix, AZ. He is a Fellow of the Chartered
Insurance Institute of London & Nigeria (FCII, FIIN). He is also a Fellow
of the Chartered Institute of Personnel Management of Nigeria and Chartered
Institute of Directors. Dr. Lawal's impressive career includes his most recent
position as Managing Director/Chief Executive of Sterling Assurance Nigeria
Ltd. from January 2007 to December 2023, where he successfully integrated three
merging companies and significantly grew sales. Prior to this, he served as the
Managing Director/Chief Executive Officer of Universe Reinsurance Co. Limited,
where he improved profitability and expanded markets. His earlier career also
includes a leadership role at Refuge Insurance Company Limited and a pioneering
management role at Continental Reinsurance Co. Ltd. Dr. Lawal has a proven
track record in leadership, strategic development, market expansion, and team
building.
Strengthening
the Nigeria Board
The Nigeria
entity also welcomes three new Non-Executive Directors, whose appointments have
received regulatory clearance from the National Insurance Commission:
Mr. Segun
Adebanji – Chairman of the Board, Non-Executive Director.
Mr. Adebanji
is a veteran finance professional and Fellow of both the Chartered Association
of Certified Accountants and the Institute of Chartered Accountants of Nigeria.
His international career includes leadership positions within UAC, Unilever,
Nigerian Breweries, and Heineken, with postings in South Africa, Ghana,
Namibia, and the Netherlands. He currently chairs Fidson Healthcare Plc and
Filmhouse Group Ltd.
Mrs.
Funmilayo Omokhodion – Non-Executive Director
A Chartered
Insurer with 36 years of experience in reinsurance, Mrs. Omokhodion rose
through the ranks at Africa Re, serving as Regional Director for West Africa
and in other senior roles. She holds a BA in English and Linguistics and an
Executive MBA in Insurance, and is a member of the Council of the Africa
Reinsurance Foundation.
Mrs. Eno
Atoyebi, CFA – Non-Executive Director
With over 25
years in investment management, Mrs. Atoyebi is a Chartered Financial Analyst
and Fellow of the Institute of Chartered Accountants of Nigeria. She is
currently the Managing Director of ValuAlliance Asset Management and oversees
strategy for two mutual funds. Her earlier experience includes senior roles at
Afrinvest and ExxonMobil.
These
appointments coincide with Continental Re’s 40th anniversary, a milestone that
reflects the Group’s enduring legacy, resilience, and readiness for the future.
With a strong leadership team in place across both Group and operational
levels, Continental Reinsurance is well-positioned to deepen its impact across
Africa’s reinsurance landscape.
No comments:
Post a Comment