AfrexInsure has announced the appointment of Lesley Ndlovu as its new Chief Executive Officer, effective in 2026, succeeding Jonas Mushosho. This leadership change comes at a crucial time for the organization, which is dedicated to providing specialized insurance solutions tailored to trade and trade-related investments. As AfrexInsure continues to advance its mission, the appointment of a new CEO is seen as an essential step in ensuring robust executive leadership to navigate governance, regulatory compliance, innovation, risk management, and market positioning.

Lesley Ndlovu hails from Zimbabwe and possesses a notable career in the insurance sector, having held positions at top-tier institutions such as AXA Specialty, African Risk Capacity (ARC), and AXIS Capital. His extensive experience in global markets and operational leadership is expected to be instrumental in steering AfrexInsure through its ongoing transformation and expansion. The appointments signal a commitment to enhancing the company's strategic direction and its ability to adapt to the changing landscape of insurance solutions.

The role of AfrexInsure, as a wholly-owned subsidiary of the African Export-Import Bank (Afreximbank), presents unique challenges and opportunities in the context of Africa's growing trade sector. Ndlovu's expertise is anticipated to contribute significantly to the organization’s goals as it focuses on innovation and tailored offerings that address the specific needs of trade-related investments across the continent. This leadership transition underscores AfrexInsure’s commitment to remaining a key player in the insurance landscape of Africa.