AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (Afreximbank), has announced the appointment of Lesley Ndlovu as its new Chief Executive Officer, effective 2026, replacing Jonas Mushosho.
- •Lesley Ndlovu, a Zimbabwean national, brings to AfrexInsure a distinguished career spanning some of the world's leading insurance institutions, including AXA Specialty, African Risk Capacity (ARC), and AXIS Capital.
- •According to Afreximbank, his appointment introduces a blend of technical expertise, global market insight, and operational leadership precisely forged to support AfrexInsure's transformation.
- •Speciality insurance de-risks strategic investments and attracts capital to sectors critical for Africa’s socio-economic development.
“We are confident that Lesley will advance the mandate of AfrexInsure - managing risks associated with trade through local capacity with an aim to retain premiums within the continent,” George Elombi, President and Chairman of the Board of Directors of Afreximbank said.
