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Munich Re appoints new CEO for Africa branch
Yahoo Financeยท 2025-09-16 09:04
Core Viewpoint - Munich Re has appointed Walter Voigts-von Forster as the new CEO of its Africa Branch, effective from February 1, 2026, pending regulatory approval [1][2]. Group 1: Leadership Transition - Walter Voigts-von Forster brings over 18 years of experience in the reinsurance sector and has been with Munich Re since 2007, holding various positions including head of aviation treaty and head of non-life business for Munich Re Africa [2]. - Voigts-von Forster succeeds Nico Conradie, who will retire at the end of January 2026 after 23 years with the company, including a decade as CEO of the Africa Branch [3]. - Roland Eckl, the chief executive for Munich Re Australasia, Greater China, MENA, and Africa, acknowledged Nico's significant contributions to establishing Munich Re as a leading player in the African market [3]. Group 2: Future Outlook - Voigts-von Forster expressed confidence in continuing the success of Munich Re in Africa, emphasizing the company's long-term commitment to the region and its clients [4]. - He aims to ensure that Munich Re remains a stable reinsurer, dedicated to providing optimal reinsurance solutions across sub-Saharan Africa [5]. - In June, Munich Re Specialty-North America established a new life sciences division to broaden its insurance offerings, indicating the company's strategic expansion into various sectors [5].