Abidjan, Lagos, 10 June 2014 – Private reinsurer Continental Reinsurance Plc has announced the appointment of Ibrahima Ndoye as the Regional Director for Cote d’Ivoire.
Ndoye is a seasoned reinsurance underwriter and has worked in Cote d’Ivoire and the surrounding region over the past sixteen years. He holds a Masters degree in professional audit and management control and a degree in Electrical Engineering (Ecole Supérieure Polytechnique).
Ndoye has an in-depth understanding of the Cote d’Ivoire market, its local risks and local market needs to leverage and support the country’s notable economic growth. According to the African Development Bank (AfDB) Cote d’Ivoire’s GDP is forecast to grow at 9,8% in 2014.
Dr Femi Oyetunji, Group Managing Director and CEO of Continental Reinsurance, said the company is very pleased to appoint strong and experienced local talent in Cote d’Ivoire and is confident that Ndoye’s appointment will support the company’s pan-African growth strategy and development in the reinsurance market in Cote d’Ivoire.
“Africa has vast potential to develop a world-class reinsurance market; however, to achieve this we need reinsurance skills including analytical, actuarial, underwriting and asset management skills, as well as local knowledge to grow and support Africa’s renaissance,” said Oyetunji.
“Continental Reinsurance is fully committed to addressing the skills shortage by developing local talent, providing training and knowledge to local markets and to bringing the diaspora back to Africa,” he said.