Chief Executive Officer, AfrexInsure at African Export-Import Bank (Afreximbank)

African Export-Import Bank (Afreximbank or the Bank) is a Pan-African multilateral financial institution that finances, facilitates and promotes intra-and extra-African trade across Africa and Caribbean Community (CARICOM) countries. For over 30 years, the Bank has been deploying innovative instruments to deliver solutions that support the transformation of the structure of trade, while accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa and recently, Caribbean Community states.

We are recruiting to fill the position below:

Job Title: Chief Executive Officer, AfrexInsure

Location: Cairo, Egypt
Reference: SFBLR44

Responsibilities

• The CEO of AfrexInsure is responsible for developing and leading high-quality business development strategies and overseeing the operational and technical activities of AfrexInsure to ensure the realization of its overall strategy and mission. As the leader of AfrexInsure, the CEO will play a critical role in establishing AfrexInsure as a premier provider of specialty insurance management services across Africa.

Leadership:

• Provide required executive leadership for Afrexinsure to ensure required growth, innovation and excellence.

Strategic Direction:

• Take responsibility for developing and implementing AfrexInsure’s long term strategic goals to drive growth and profitability in alignment with the company’s vision and mission while ensuring the achievement of Afreximbank Group’s overall mandate to transform Africa’s trade. This includes the establishment of key performance indicators to monitor the company’s performance to drive continuous improvement.

Financial Management:

• Oversee the financial growth and performance of Afrexinsure including budgeting, forecasting and monitoring of relevant costs and budgets.

Risk Management and compliance:

• Oversee the implementation of relevant risk management, compliance and regulatory strategies and activities to protect the company from attendant risks while aligning with relevant regulations and industry standards.

Stakeholder Relations:

• Build and maintain relationships with relevant stakeholders including board members, shareholders, government officials, customers, regulators, peers and other key stakeholders and represent the organization at industry events. Also take responsibility for overseeing the relationship with the parent company (Afreximbank).

Talent Management:

• Oversee the process of attracting, retaining and developing the required talent for the organization to ensure the presence of a high performing team with the required culture and behaviour.

Excellence in Innovation and Market Development:

• Oversee the process of market growth and business development including the development of new innovative products that align to market needs across Global Africa as well as the acquisition of new clients.

Requirements
Qualification and Skill:

• Bachelor’s and Master’s degree in a relevant field or a relevant professional qualification in insurance in lieu of a Master’s degree.
• Proven experience of at least 8-10 years as CEO or other relevant C-suite roles within the insurance industry, with a focus on specialty insurance management services.
• Strong leadership skills and a record of accomplishment in driving organizational growth and success over multiple country markets.
• In depth knowledge of the insurance industry in Global Africa.
• Excellent communication and interpersonal skills with the experience of building relationships with a wide range of stakeholders.
• Deep knowledge of African insurance markets and regulatory environments, with a strong network of contacts across the continent.

Contractual information:

• Permanent
• Willing and able to relocate to Cairo for the opportunity.

Reward & Benefits

• The successful candidate will be offered an internationally competitive, tax-free US Dollar based compensation package with very attractive benefits commensurate with the role of a CEO of a leading financial institution with global stature.

Application Closing Date
28th February, 2025.