Delphine Traoré, member of the Executive Committee and Chief Operations Officer (COO) of Allianz Africa, will succeed Coenraad Vrolijk as Regional Chief Executive Officer (CEO) of Allianz Africa, in addition to her current responsibilities, effective November 1, 2021.
Allianz is Europe’s leading insurance company and the world’s fourth largest asset manager. Allianz Africa currently operates in 12 countries in Africa and has teams of qualified underwriters and indemnifiers in Cameroon, Congo, Ivory Coast, Ghana, Kenya, Madagascar, Morocco, Nigeria and Senegal. Where the group does not have offices, it says it has a third-party network of trusted insurance companies with which it works to provide a seamless customer experience.
Originally from Burkina Faso, Delphine Traoré, 47, joined the Allianz Group in 2005 at Allianz Global Corporate & Specialty (AGCS) Canada. She held the positions of liability underwriter and head of market management, before becoming CEO of Allianz Global Corporate & Specialty (AGCS) Africa in 2012. Delphine Traoré joined Allianz Africa as Regional Chief Operating Officer (COO) in 2017, and remained a non-executive member of the AGCS Africa Board.
As COO, Delphine Traoré is responsible for the development of Allianz’s business on the African continent. In this capacity, in May 2018, she piloted Allianz’s 2nd largest transaction on the continent: the acquisition of 8% of the African Reinsurance Corporation (Africa Re), owned by 41 African states and more than 100 African insurers. From June 2019 to September 2021, Delphine Traoré was also president of the African Insurance Organization ( AIO), of which she was vice president since 2018.
Delphine Traoré graduated magna cum laude in business and accounting from the University of Pittsburgh (USA) and holds a Master’s degree in insurance management from Boston University. She started her career at Ohio Casualty Group of Insurance, before joining Allianz in 2005 in Canada. In 2015, she was elected president of the Insurance Institute of South Africa, becoming the first black woman president of this organization created more than 120 years ago.
Delphine Traoré has received numerous awards and honors for her significant achievements in the insurance and risk management industry. She is also a member of the Board of Directors of African Risk Capacity, which develops insurance solutions for African Union member countries against various climate change impacts.
