This nomination marks a historic milestone in the Society’s history, as Ms Palm is the first Black woman, the first member from Africa, and the first member based outside North America to be nominated for the office of CAS President-Elect.
If elected, Ms Palm would become the first individual in each of these categories to serve as President-Elect of the CAS, and subsequently as President of the Society.
Ms Palm, a Fellow of both the CAS and the Institute and Faculty of Actuaries, brings over two decades of international experience spanning actuarial science, reinsurance, enterprise risk management, governance, and strategic leadership. Since joining Africa Re in 2019, she has played a key role in strengthening the Corporation’s enterprise risk management and compliance frameworks, enhancing governance processes, and supporting the Corporation’s engagement with international rating agencies and key strategic stakeholders.
This milestone comes as Africa Re marks its Golden Jubilee, celebrating 50 years of reinsurance excellence and leadership in the development of Africa’s insurance industry.
Commenting on the nomination, Dr. Corneille Karekezi, Group Managing Director and Chief Executive Officer of Africa Re, said:
“Ms Palm’s nomination is a source of immense pride for Africa Re, particularly as we celebrate our Golden Jubilee. Her nomination to such a prestigious global leadership position reflects not only her outstanding professional accomplishments, but also the depth of technical expertise, leadership, and global relevance that Africa Re continues to nurture within the Corporation. It is also a proud moment for Africa and a strong affirmation of the continent’s growing contribution to shaping the future of the global insurance and actuarial profession.”
This landmark nomination further reinforces Africa Re’s position as a leading pan-African institution committed to technical excellence, professional development, and advancing Africa’s voice and influence within the global insurance and reinsurance industry.
