The managing director of Aon Re Africa has been elected president of the Insurance Institute of South Africa (IISA), Aon SA said on Monday.
Simon Chikumbu was elected IISA president at the joint conference of the African Insurance Organisation and the IISA in Cape Town on Monday.
”It is an honour for me to be elected president of the IISA. With the support of the industry, my colleagues on the board and management, I’m sure that we will accomplish all our goals before the end of the year. I look forward to working with the industry,” Chikumbu said.
Chikumbu was appointed managing director of Aon Re Africa in October 2004 and served as deputy president of the IISA since February 2005.
He takes over the position from Margaret Louw, chief executive of Compass Insurance.
Aon is a reinsurance company that conducts business in 20 African countries. — Sapa