Delphine Traoré, the Chief Operations Officer (COO) of Allianz Africa has been named President of the African Insurance Organisation, effective June 12th, 2019.
Traoré has served as Vice President of the organisation since 2018, and succeeds Managing Director of Ghana Union Assurance, Aretha Duku.
She first joined the Regional Executive Board of Allianz Africa as COO in February 2017, and is now responsible for all of the development of Allianz’s business across Africa. Traoré also remains a non-executive member of the board of management of Allianz Global Corporate & Specialty (AGCS) Africa, where she was previously Chief Executive Officer (CEO).
Over the years, Traoré has received a number of awards and recognitions for the role she has played in the region’s insurance and risk management sector. She is also a board member of the African Risk Capacity (ARC), and previously led the Insurance Institute of South Africa, resulting in the appointment of the first female black CEO.
Commenting on her appointment, Traoré said: “I am honored and privileged to be appointed as President of the AIO. I look forward to continuing to work together with the leadership of the AIO to making the African insurance and reinsurance industry stronger, united and sustainable.
“Our mission is to create an environment, which enables the market to increase insurance penetration and to promote the industry’s best practices and projects, which show the benefits of insurance to consumers.”