Continental Re appoints Francis Nzwili as head of its Botswana subsidiary

BOTSWANA – Continental Reinsurance has announced a change in the ownership structure of Continental Reinsurance Ltd (Botswana) and the appointment of Francis Nzwili as the managing director. After its recent acquisition of a minority 40 per cent stake in the company through its holding company, CRAFIL from Botswana Insurance Company Ltd (BIC), Continental Reinsurance now holds 100 per cent of the issued ordinary share capital in the subsidiary. “The acquisition means not only growth in economic size but also presents us with an opportunity to enhance our strategic influence and…

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