In a strategic move aimed at reinforcing its commitment to excellence and sustainable growth across Africa, Continental Reinsurance Group has announced significant leadership transitions within its group and Nigeria operations.
The transitions, which take effect immediately, are part of the company’s broader vision to enhance operational efficiency, deepen market relevance, and drive long-term value for clients and stakeholders.
At the group level, former Group Managing Director/Chief Executive Officer, Dr. Femi Oyetunji, will assume a new role as Group Chairman Emeritus, bringing his wealth of experience and visionary leadership to support strategic initiatives and mentoring across the continent.
Oyetunji is widely recognised for his transformative impact on the organisation, having steered it through a decade of remarkable expansion and innovation.
Succeeding him as Group Managing Director/Chief Executive Officer is Mrs. Nneka Okonkwo, previously the Deputy Chief Executive Officer.
With over 20 years of experience in the global insurance and financial services industry, Okonkwo brings a proven track record of delivering value-driven results and fostering inclusive leadership.
Her appointment marks a progressive step in Continental Re’s diversity and leadership development goals.
In the Nigerian entity, formerly Executive Director, Technical Operations, Adekunle Bamidele, has been appointed Managing Director of Continental Reinsurance Nigeria.
Bamidele’s deep understanding of the local market and his technical acumen are expected to further solidify the company’s leading position in Nigeria and West Africa.
Commenting on the appointments, Okonkwo said: “These transitions mark a new chapter in our journey. We are building on a strong legacy while positioning ourselves to meet the evolving needs of our clients and partners. I am honoured to lead a team that is committed to delivering resilience, innovation, and trust across Africa’s reinsurance landscape.”
The Board of Directors expressed confidence in the new leadership, noting that the transitions aligned with the company’s strategy to remain adaptive and forward-thinking in a dynamic global economy.
