Retooling to better support Africa - African Trade Insurance Agency

Retooling to better support Africa

In this second edition, our focus remains squarely on supporting our partners during and post-COVID-19. We hope this quarterly publication provides useful information to help all our stakeholders through the pandemic and beyond.

In this issue, Dr. Robert Besseling, the renowned Africa risk intelligence analyst and Executive Director of EXX Africa, provides an overview on and now the pandemic may reshape the landscape in the coming year(s).

On the business front, ATI remains committed to provide a more coordinated multilateral response to the pandemic. Our aim is to deliver, together with our partners, comprehensive solutions that incorporate financing, guarantees and credit enhancements to a package of options for African countries.

Now, more than ever, it is critical for regional bodies to pull together to provide more efficient support to the continent. To this end, we remain committed to working with regional development finance institutions such as the Africa Finance Corporation (AFC), AfreximBank, the African Development Bank (AfDB) and Trade & Development Bank (TDB), among others.

This is an important time for ATI as we take this opportunity to retool in order to better support our member governments and clients and remain a reference partner in the region.

Among the other critical shifts within ATI is the appointment of our new CEO recently announced by ATI’s Board Chair. Manuel Moses, an IFC veteran, will assume the role of CEO as of 1 November, 2020.

Second, ATI is expanding its front, middle and back-office teams to support its growth. In line with staff expansion, ATI is also upgrading our offices in Dar es Salaam, Kampala and Lusaka and plans to move into a new Headquarters in Nairobi in the coming year.

To cap all of this momentum, our rebranding project is now in full swing with the unveiling anticipated to take place at our 20th-anniversary celebrations next year in 2021. To ensure this is an inclusive process, we plan to reach out to some of you, our valued stakeholders, for your insights.

These initiatives, which ATI is now implementing, are expected to reboot the institution to make it an even stronger partner to our member governments, clients and other stakeholders during this critical period.

Toavina Ramamonjiarisoa, Ag. CEO

Toavina Ramamonjiarisoa was appointed CFO of ATI in 2011 and Acting CEO in August 2020. She has close to 20 years of experience in the insurance and finance industries. Prior to joining ATI, Toavina was the CFO, Chief Compliance Officer and member of the Board of Directors of a UK-based asset manager with €1.2 billion fixed-income assets. Previously, she was also the Group Financial Controller at Coface, and the Financial Auditor of Mazars, an international audit firm – both based in France

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