Swiss Re hires former Old Mutual CEO to lead MEA reinsurance operations
Swiss Re has appointed Tavaziva Madzinga as reinsurance managing director and market executive for Middle East and Africa, effective November 1, replacing Frank O’Neill who was recently appointed as chief executive officer (CEO) for Swiss Re UK.
Madzinga will also join Swiss Re’s EMEA reinsurance executive committee and will report to Jean-Jacques Henchoz, CEO of reinsurance in EMEA.
Madzinga has almost 20 year of experience, having most recently served as regional CEO for Old Mutual’s South and East Africa operations.
While at Old Mutual, he has also held roles including chief operating officer for East and West Africa, CEO for Old Mutual Kenya and head of strategy for Kenya.
The appointment follows Swiss Re’s expansion of its Cape Town office as well as its long-term Sub-Saharan Africa strategy.
Madzinga will lead the continued growth of Swiss Re’s property/casualty and life/health portfolios across the Middle East and Africa.
Henchoz commented: "We are delighted to have attracted a candidate of Tava's calibre and experience to Swiss Re.
“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.
“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."
