Swiss Re announced the appointment of Tavaziva (“Tava”) Madzinga as its new reinsurance managing director & market executive for Middle East and Africa.
His appointment is effective Nov. 1, 2016, subject to appropriate regulatory and board approvals. Madzinga will join Swiss Re’s EMEA Reinsurance Executive Committee and report directly to Jean-Jacques Henchoz, Swiss Re’s CEO Reinsurance EMEA. He replaces Frank O’Neill who was recently appointed as CEO Swiss Re UK.
Madzinga joins Swiss Re from leading South African insurer Old Mutual, where he was most recently regional CEO for South & East Africa. His previous roles during his 16-year career at Old Mutual include COO for East & West Africa, CEO for Old Mutual Kenya and head of Strategy for Kenya.
He will lead the continued growth of Swiss Re’s Property & Casualty and Life & Health portfolios across the Middle East and Africa, the company said in a statement.
His appointment is a further demonstration of Swiss Re’s commitment to the region, following the expansion of Swiss Re’s Cape Town office and the launch of a long-term Sub-Saharan Africa strategy, which is yielding results for Swiss Re and its clients, the company added.
“The MEA region is a strategically significant high growth market for us, having enjoyed double-digit growth in recent years and we are well-positioned to further expand our market share with innovative products, knowledge-led transactions and a clear focus on our clients,” commented Henchoz.
“Tava’s wealth of experience and understanding of emerging markets, their clients and regulators, make him the ideal person to champion our ambitious growth plans,” he went on to say.
Source: Swiss Re
Was this article valuable?
Here are more articles you may enjoy.