Addis Ababa — Ashok Shah, Group CEO of APA Apollo Group, has been named CEO of the Year at the 10th African Insurance Awards, a prestigious recognition hosted by Africa Re to celebrate excellence in the continent's insurance sector.
The awards ceremony, held in Addis Ababa, Ethiopia, brought together leading insurance professionals from across Africa, with top nominees representing countries including Kenya, Egypt, Côte d'Ivoire, Mozambique, Burkina Faso, Zimbabwe, Rwanda, and Tunisia.
Mr. Shah was honoured for his visionary leadership, deep industry expertise, and sustained contribution to the growth of insurance in Africa. Under his stewardship, APA Apollo Group has grown into a regional leader in innovation, customer-centricity, and sustainable business practices.
"This award is truly a reflection of the incredible team at APA Apollo Group," said Shah during his acceptance speech. "We are committed to shaping a more inclusive and resilient insurance future for Africa."
The APA Apollo Group has expanded its footprint under Shah's leadership, leveraging technology and strategic partnerships to enhance access to insurance and financial services across East Africa.
Launched in 2015 by Africa Re, the African Insurance Awards aim to promote best practices, encourage innovation, and strengthen industry performance across the continent. This year's event was particularly notable as it marked a decade of recognising African insurance excellence.
