Thursday, October 22, 2020

AON Botswana delocalizes position of CEO

A leading short-term insurance company, AON Botswana has stunned the market by delocalizing the position of Chief Executive Officer after many years that the position was in the hands of citizens.

A South African national has been earmarked to replace Thapelo Matsheka whose contract at the insurer recently came to an end.

Before Matsheka, the position was held by Ms Dorah Moremi.

Sunday Standard has learnt that a flurry of activity is currently under way to get work and residence permits for the South African.

This comes after none of the citizens who had applied to replace Matsheka was hired.

The list of executives who applied and were interviewed for the position only to be turned down reads like a who-is-who list in Botswana’s financial sector.

All of them are people of high caliber having previously held top positions in the country’s finance sector.

They include Thuli Johnson, a veteran of Botswana’s finance industry.

Johnson who is currently the CEO at the government owned Casino Board had before then worked as Managing Director of Barclays Bank Botswana.

He also has a previous experience in insurance.

Another one is Cross Kgosidiiile who until recently was Chief Executive at the motor vehicle accident fund.

Another leading mind that Aon Botswana found not worthy of being its CEO is Lorato Morapedi.

Ms Morapedi is currently the CEO at National Development Bank.

She has a previous experience at CEDA (Citizen Entrepreneurial Development Agency), a government owned finance house that has been started to help boost entrepreneurship among citizens.

Curiously, the man that AON finally settled for is not an operations person but a human resource person at the company’s South African operations.

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