Ashok Shah, Group CEO of APA Apollo Group, has been honored with the prestigious CEO of the Year award at the 10th African Insurance Awards hosted by Africa Re in Addis Ababa, Ethiopia.
The awards ceremony, which has become a benchmark of excellence in the African insurance sector, recognized outstanding achievements and leadership across the continent. Ashok Shah stood out among a strong field of nominees from Kenya, Egypt, Côte d’Ivoire, Mozambique, Burkina Faso, Zimbabwe, Rwanda, and Tunisia.
This award recognises Mr. Shah’s visionary leadership, deep industry expertise, and longstanding commitment to the growth of the insurance sector in Africa. Under his stewardship, APA Apollo Group has grown into one of the most trusted and innovative financial services groups in the region, leading the market in customer-focused solutions, technology adoption, and sustainable practices.
Speaking after receiving the award, Mr. Shah expressed gratitude for the recognition: “I am deeply honored to receive this award, which is truly a reflection of the incredible team at APA Apollo Group. Together, we have built a company rooted in trust, resilience, and a deep commitment to the communities we serve. This recognition inspires us to continue pushing boundaries and shaping the future of insurance in Africa.”
The African Insurance Awards were launched in 2015 by Africa Re to promote best practices, strengthen the industry, and encourage healthy competition. This 10th edition was especially significant, marking a decade of celebrating excellence across the continent.
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