Continental Reinsurance Group has reaffirmed commitment to stronger governance and strategic growth by making key leadership changes to support the company’s evolution into a pan-African holding structure.

Mr Lawrence Nazare has been appointed the Group Managing Director of the company, which is headquartered in Botswana.

Joining him on the Board of Continental Reinsurance Holdings are two Non-Executive Directors: Mr Paul Kokoricha, former Chairman of Continental Reinsurance Plc, now appointed Chairman of the Board at Group level; and Mr Steve Iwenjora, formerly a Non-Executive Director at Continental Reinsurance Plc, who has now been appointed a Non-Executive Director at Group level.

Speaking on on his transition to the Group Board, Kokoricha said: “It has been an honour to serve as Chairman of Continental Reinsurance Plc, Nigeria, where we achieved significant milestones in growth and governance. As we now pivot to a consolidated Group structure, I am excited to continue supporting the company at this higher level—working with the leadership team to sustain our pan-African momentum and long-term ambition.”

Also speaking, Nazare added: “It’s been a privilege to lead our Nigeria business and support the broader Group’s evolution. As I now focus fully on the Group-level role, I remain committed to driving Continental Re’s strategic vision across Africa.”

Meanwhile, to lead the Nigeria entity in charge of Anglophone West Africa operations, Dr Fatai Lawal has been appointed Managing Director/CEO of Continental Reinsurance Plc, Nigeria effective April 2025.

Also, the Nigeria entity also welcomes three new Non-Executive Directors, whose appointments have received regulatory clearance from the National Insurance Commission: Mr Segun Adebanji – Chairman of the Board, Non-Executive Director; Mrs Funmilayo Omokhodion – Non-Executive Director; and Mrs Eno Atoyebi, CFA – Non-Executive Director.