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Allianz Africa hires Arthur Yao from Swiss Re as CUO & Reinsurance Officer

14th March 2018 - Author: Staff Writer

Allianz Africa Financial Services has named former Swiss Re Acting Head of West Africa Arthur Yao as Chief Underwriting and Reinsurance Officer, with effect from September 1st 2018.

In his new role at Allianz Africa Yao will be responsible for direct underwriting and reinsurance strategies across all lines of business in the region and will be based in Abidjan,Côte d’Ivoire.

Yao will report to Delphine Maïdou, Chief Operations Officer (COO), Allianz Africa and Olaf Novak, Managing Director Reinsurance, Allianz Re.

Maïdou said; “I warmly welcome Mr Yao to Allianz Africa and firmly believe that he will enable us to consolidate our image as a leading insurer in the region. His appointment demonstrates Allianz’s commitment to talent development and growth in Africa.”

Prior to his appointment, Yao served with Swiss Re since 2006, most recently as the Acting Head of West Africa.

Novak commented: “We offer our clients secure capacity and world-class technical capabilities and I am pleased to have a person of Mr Yao’s calibre on board whose technical capability would enable us to grow our business in the continent.

“Equally, we believe he will aid us in protecting our clients against financial losses, support them in meeting regulatory requirements and contribute to keeping them competitive.”

Yao brings over 14 years of re/insurance experience gained in Europe and Africa across a variety of technical and leadership roles to Allianz Africa Financial Services.

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