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Financial Planning
May 19, 2025

Credit Guarantee Insurance Corporation of Africa Limited Appoints new CEO

The Board of Directors of Credit Guarantee Insurance Corporation of Africa (CGIC) is pleased to announce the appointment of Mr. Tsatsi Gideon Bochedi as Chief Executive Officer.

This appointment follows a rigorous and comprehensive recruitment process, during which a diverse pool of internal and external candidates was considered. Mr. Bochedi stood out for his strategic acumen, deep industry expertise, and values-driven leadership approach, all of which align with CGIC’s long-term objectives.

With a distinguished career in financial services and trade credit insurance, Mr. Bochedi brings extensive experience and insight to the role. He has served in several senior leadership positions within CGIC, where he has consistently demonstrated a strong ability to drive performance, foster collaboration, and deliver value to clients and stakeholders.

“This appointment marks an important milestone for CGIC,” said Achim Klennert, Independent Non-Executive Director and Chairperson of the Board. “Gideon’s in-depth institutional knowledge and proven leadership give the Board every confidence in his ability to lead the organisation into its next chapter of growth and innovation.”

The Board welcomes Mr. Bochedi to his new role and extends its full support as he undertakes this important responsibility.