Management of Activa International Insurance Ghana (AIIG) has appointed Benjamin Yamoah as the new Managing Director of the company.
He takes over from Solomon Lartey who has decided to pursue new opportunities.
Vice Chairman of the insurance firm, Steve Kyeremanten has explained that the choice for Benjamin Yamoah is to skyrocket the profitability and market share of the investment company.
Genevieve Tachie has also been appointed as the company’s new Deputy Managing Director.
A statement from the company said the two executives who have served in various capacities in the company for the past years have grown through the ranks of the company and have proven themselves to be qualified, competent and trustworthy to manage affairs of the business.
Benjamin Yamoah joined Activa Insurance Ghana in 2009 as Operations Manager and was promoted to Chief Operations Officer in 2015 and became Deputy Managing Director, Operations in April, 2018.
In that capacity, he was in charge of large accounts and relationship building with international partners.
He has held various technical and management positions in the insurance sector since 1991.
He holds an Executive MBA from the University of Ghana Business School. He is also a Chartered Insurer from the Chartered Insurance Institute (UK).
Genevieve Tachie, a fellow of the Association of Chartered Certified Accountants, started her career as an auditor at KPMG in 2002 and joined Activa International Insurance Ghana in 2009 as Chief Finance Officer.
She was appointed Deputy Managing Director, Finance and Administration in April 2018 with oversight on Finance operations of Activa Insurance Liberia and Activa Insurance Sierra Leone.
She holds an Executive MBA, Finance from the University of Ghana Business School and a Diploma from the Chartered Insurance Institute (UK).
Appointment amid Coronavirus Pandemic.
Benjamin Yamoah and Genevieve Tachie take up these managerial roles in an era when the Coronavirus has battered world economies and also insurance.
To this end, the government has been urged to provide stimulus packages for insurance companies affected by the novel coronavirus pandemic, since it will promote a strong insurance industry and boost investor confidence in the economy’s recovery.
The proposed support will also help retain the sector’s role of providing peace of mind for businesses through risk transfer, contribute to Gross Domestic Product (GDP), and provide employment for thousands of Ghanaians as well as other auxiliary benefits – like provision of capital for medium- to long-term investments including road projects, real estate among others.