Patty Karuaihe-Martin, Managing Director of NamibRe, was elected President of the African Insurance Organization (AIO) on 5 June 2024, following the conclusion of the AIO’s 50th Conference and General Meeting in Windhoek, Namibia. She succeeded Cherif Benhabiles and took on this leadership role at a critical time when the organization is focusing on the challenges of rising natural catastrophes across Africa.
With over 30 years of experience in the financial sector, Karuaihe-Martin has been at the helm of NamibRe since 2014. She is a graduate of prestigious institutions, including HEC Paris and the Universities of Johannesburg, Pretoria, Cape-Occidental, KwaZulu-Natal, and Stellenbosch Business School in South Africa.
Her leadership extends beyond NamibRe, having served as Chairman of the Board of the Organization of Eastern and Southern Africa Insurers (OESAI) from 2018-2019. She was also Vice-President of the AIO from May 2023 to January 2024, further cementing her influence in the African insurance sector.
