AON man appointed to the IISA Presidency

15 May 2006 Donna Palinhos

Managing Director of Aon Re Africa, Simon Chikumbu, has just been elected President of the Insurance Institute of South Africa (IISA).

Chikumbu, who has served as Deputy President to IISA since February 2005, is a well-known reinsurance practitioner on the African continent. He is also a member of the Executive Committee of the African Insurance Organisation (AIO), an industry body for insurance companies in Africa.

The announcement was made at this weeks joint Conference of the AIO and the Insurance Institute of South Africa (IISA), which started on 14 May and draws to a close on 18 May 2006. Held at the Cape Town International Convention Centre, the conference has been dubbed the largest forum of the decade for the African insurance community.

After obtaining a Mechanical Engineering degree in Zimbabwe in 1980, Chikumbu worked for two organisations in the engineering field before moving to Munich Re in 1984, where he was eventually appointed as Regional Manager for the Zimbabwe office. He continued with his studies and qualified as a Chartered Insurance Practitioner and also completed the Fellowship qualifying exams.

Chikumbu joined the Aon Group in 1995 and in 1999 he was transferred to South Africa as a director of Aon Re Africa. In October 2004, Chikumbu took over the reigns as managing director of Aon Re Africa.

Aon Re Africa conducts reinsurance business in more that 20 African countries and is responsible for developing reinsurance business for the Aon Group in Sub Sahara Africa and Indian Ocean Island.

Commenting on his presidency, Chikumbu says, It is an honour for me to be elected President of the IISA and to have been involved with the planning and organising of this years IISA and AIO joint conference in Cape Town.

Fortunately, I was working with a great team whose contribution made this conference the first of its kind in Africa, in terms of size, representation and quality.

I think it is known to the industry that the IISA faces some challenges going forward, particularly with the separation of the college from the professional body. Whilst this separation has commenced and is on the correct footing, a lot of work still lies ahead, but with the support of the industry, my colleagues on the Board and management at iiSA, Im sure that we will accomplish our goals before the end of the year. I really look forward to working with the industry, concludes Chikumbu.


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