logoBC
Yaoundé - 02 October 2023 -
Insurance

Olivier Malâtre becomes Allianz Cameroon’s MD

Olivier Malâtre becomes Allianz Cameroon’s MD
  • Comments   -   Thursday, 16 January 2020 11:41

(Business in Cameroon) - Subject to the approval of local regulatory authorities, the management of the insurer Allianz Cameroon is expected to change hands during the beginning of H2, 2020, according to a press release issued on January 15 by Allianz Africa.

Indeed, Olivier Malâtre has just been appointed the managing director of Allianz Cameroon. He succeeds Frédéric Desprez, whose new functions 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 been Chief Executive Officer of Allianz Côte d’Ivoire non-vie since 2015. He was previously the Chief Executive Officer of Allianz Senegal (2010 to 2015) and has held various management positions within the Allianz Group, notably in France, Lebanon, and the Asia Pacific.

Through these management changes, we continue to simplify, harmonize and strengthen Allianz Africa's organizational model to better meet our customers’ needs,” said Coenraad Vrolijk, Regional Managing Director of Allianz Africa, in Abidjan, Côte d'Ivoire, on 15 January.

According to data provided, in 2018, by the Ministry of Finance, Allianz vie dominates (XAF18.7 billion) the Cameroonian life insurance market. Its immediate followers are Beneficial Life (XAF10.3 billion), Sunu Assurances Vie (XAF9.9 billion) and Activa Vie (XAF 7.6 billion).

SA

chad-cameroon-corridor-cncc-creates-community-center-for-transporters
Cameroon National Shippers' Council (CNCC) inaugurated last September 27 a community center in Kouseri, Far North, for the purpose of resting and...
beac-public-securities-market-thrives-in-2023-despite-rising-interest-rates
The Bank of Central African States -BEAC- noted a good momentum on the primary public securities market throughout the year, despite a constant increase...
cameroon-govt-sets-up-special-consumer-friendly-facility-amid-ever-rising-inflation
The Cameroonian Trade Department announced the introduction of a special facility to support the population in this tough economic context. Minister Luc...
cameroon-s-sonara-completes-debt-restructuring-with-swiss-trader-trafigura
Cameroon’s national refinery- Sonara signed last September 29 a deal with Trafigura PTE LTD to restructure CFA14 billion owed to the Swiss trader. Per...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »