(Agence Ecofin) – Subject to the approval of local regulatory authorities, the management of the insurer Allianz Cameroon is expected to change hands during the start of the second half of 2020, according to a press release published on January 16 by Allianz Africa.
Olivier Malâtre (photo) has just been appointed managing director of Allianz Cameroon. He succeeds Frédéric Desprez, whose new positions within Allianz will be announced at a later date. Olivier Malâtre’s appointment will take effect on May 1, 2020, following a two-month transition period.
Olivier Malâtre has held the position of managing director of Allianz Côte d’Ivoire non-vie since 2015. He was previously managing director of Allianz Senegal (2010 to 2015). He has held various management positions within the Allianz Group, notably in France, Lebanon and Asia Pacific.
“Through these management changes, we are continuing to simplify, harmonize and strengthen the organizational model of Allianz Africa in order to better meet the needs of our customers.“Said Coenraad Vrolijk, Regional Director General of Allianz Africa.
According to data provided in 2018 by the Ministry of Finance, Allianz vie dominates (FCFA 18.7 billion) the Cameroonian life insurance market. Its immediate followers are: Beneficial Life (10.3 billion FCFA), Sunu Assurances Vie (9.9 billion FCFA) and Activa Vie (7.6 billion FCFA).
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