Lesley Ndlovu Appointed AfrexInsure CEO

African Export-Import Bank===AfrexInsure, the specialty insurance subsidiary of African Export–Import Bank, has announced the appointment of Lesley Ndlovu as its new Chief Executive Officer, effective 2026. Ndlovu, a Zimbabwean national, brings extensive experience from leading insurance institutions like Axa, African Risk Capacity, and AXIS Capital. This strategic appointment is seen as a pivotal moment for African Export-Import Bank===AfrexInsure, transitioning it from a start-up to a scale-up phase. The goal is to enhance the provision of tailored specialty insurance solutions for trade and trade-related investments across Africa, addressing constraints such as limited risk capacity and reliance on offshore markets. Dr. George Elombi, President and Chairman of the Board of Directors of African Export–Import Bank, expressed confidence that Lesley Ndlovu will advance African Export-Import Bank===AfrexInsure's mandate to manage trade risks through local capacity and retain premiums within Africa.