Star Assurance Group, the parent company of Star Assurance, StarLife Assurance, StarMicroinsurance, StarHealth Insurance and Pensol Capital Trust, has appointed Samuel Kweku Ocran as its Group Chief Executive Officer.
He takes over the leadership role from Mr. Kofi Duffuor, the former Chief
Executive Officer, who has served the Star Assurance Group and its subsidiaries
for over 30years.
Prior to this recent appointment, Mr. Ocran served as the Chief Operating
Officer at Star Assurance Group.
With an illustrious career spanning over three decades in the insurance sector,
Mr. Ocran is a hands-on executive and ascends his new role with a wealth of
experience and expertise to guide the Group through its next phase of
unprecedented growth.
Mr. Ocran's impactful journey in the insurance industry is highlighted by
significant achievements, notably his role as Deputy Managing Director/Chief
Operations Officer at Star Assurance. Under his leadership, the company
achieved remarkable success, securing its position among the top three non-life
insurers in terms of premium income and assets.
Beyond his professional roles, Mr. Ocran's dedication to excellence extends to
his entrepreneurial ventures and a strong commitment to knowledge-sharing. His
contributions as a lecturer and resource person have played a pivotal role in
fostering the growth and development of the insurance industry.
Samuel's leadership style is distinguished by his ability to foster
collaboration, encourage innovation, and uphold high standards of corporate
governance. This sets the stage for an era of progressive leadership and growth
for Star Assurance Group.
In expressing his gratitude for this new role, Mr. Samuel Kweku Ocran, stated
that, “I deem it a great privilege to be appointed as the Chief Executive
Officer of the Star Assurance Group. I am humbled by the confidence reposed in
me by the Management and Board, and I remain grateful to them for their
unfailing support over the years.
With the support of the Board, Management and our hard-working colleagues, I am
confident that, together, we will continue to bring quality insurance solutions
to our clients and continue to raise the standard of insurance in Ghana.”
Mr. Ocran joined Star Assurance in 2006 and has since held many senior roles.
Prior to that he commenced his insurance career with Vanguard Assurance and
Enterprise Insurance as a Deputy Manager and Assistant General Manager
respectively. He also worked with the prestigious African Reinsurance
Corporation in Lagos, Nigeria.
He has been in the insurance industry as a key player and resource person for
over 30 years now. Mr. Ocran is currently a Board Member of the Ghana Oil
and Gas Insurance Pool (GOGIP).
The new Chief Executive Officer is a Chartered Insurer and a Fellow of the
Chartered Insurance Institute (UK). He is a member of the Chartered Institute
of Marketing (UK). He also holds a Master of Business Administration (Marketing
Option) degree and a BSc. Admin. (Insurance Option), both from the University
of Ghana.
Mr. Emmanuel Baiden, who now steps into the role of Group Chief Operating
Officer, originally served as the Group Chief Finance Officer. With a career
spanning over two decades, Emmanuel has left an indelible mark across various
sectors. In 2001, Emmanuel embarked on his remarkable tenure with Star
Assurance Company Limited, where he amassed extensive experience in the
insurance industry, gainingover fifteen years of invaluable insights and
accomplishments.
Mr. Kofi Duffuor, the former Chief Executive Officer, having served over 30
years with the Group and its subsidiaries, continues to play a vital role on
the Star Assurance Group Board and other Boards. His focus remains in
spearheading pivotal strategic initiatives within the insurance realm for the
Group.
Source: Peacefmonline.com