Aged 60, the new Managing Director becomes the third officeholder in two years, succeeding Henri Théodore Bayouak and then May Daphné Ngallé-Miano. Such instability at the top of the company, interspersed with administrative interim arrangements, necessitated positioning a profile versed in technical intricacies to restore serenity within the teams.


Several months before assuming these functions, the new leader had already dipped his toes into the company's inner workings, mandated between October 2024 and January 2025 to scrutinize all operational departments. Backed by a career launched in 1992 at Alico and enriched over the decades at Beneficial Life, Activa, Pro Assur, NSIA, Saham, and Atlantique Assurances, the technician holding an MBA from ESSEC Douala masters the nuances of life and IARDT branches, brokerage, and network management.

Amid fierce competition in a national market that generated 296.88 billion CFA francs in premiums in 2025, the newly installed management must quickly make its mark. Thanks to deeply rooted traditional strengths, such as the 5.6 billion CFA francs in benefits paid last year attesting to solid indemnification capacity, the structure can reinforce its positioning in the financial landscape.

With the planned increase in share capital set to rise from 6.05 to 13.27 billion CFA francs, the company equips itself with a major budgetary imperative to ensure future expansion. Backed by the unwavering support of the National Hydrocarbons Company, the reference shareholder holding 45.26% of shares, the management team finally possesses the indispensable institutional levers to succeed in its digital transition.


Nlend Flore

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