Stakeholders in the African insurance industry have paid tribute to the immediate past Group Managing Director of African Reinsurance Corporation, Bakary Kamara.
In a statement issued on Monday, Africa Re held a programmed called Evening of Tributes, themed ‘The Colossus’ for Kamara in Lagos.
Kamara died on January 12, 2024, at the age of 75.
Kamara joined Africa Re in 1984 as secretary general, before rising to become the chief executive officer of the pan-African reinsurance group in 1993.
He retired in June 2011 but remained vice chairman of Africa Re until his death.
Speaking at the event, the Group Managing Director and Chief Executive Officer of Africa Re, Corneille Karekezi, described Kamara as a giant who left behind strong institutions.
He said, “When giants leave this world, they leave behind giants; they leave behind strong institutions; they leave behind strong families; they leave behind good culture.
“Africa Re is not a normal institution; it is a very complex institution because we are not in one country. We have all the cultures of the African continent in one institution.”
One of the deceased’s children, Hada Kamara, at the event said, “My father would tell us that being educated does not mean you are better than the one who has never been to a Western school. Being financially independent does not mean that you are better than one with little means. Being a Muslim does not mean you are better than a Christian or a Jew.”
In his tribute, Deputy MD/COO of Africa Re, Ken Aghoghovbia, spoke of the profound impact Kamara had on the institution.
“Mr Kamara demonstrated the rare combination of tough love and genuine care. Recognising the potential within each individual, he pushed us beyond our comfort zones, challenging us to dig deeper, strive harder and never settle for less.
“Thus, the collective goal of staff under his leadership was to be nothing but the best, and as a result Africa Re became a respectable global brand,” Aghoghovbia said.
Meanwhile, Africa Re had reaffirmed its commitment to its vision of a stronger, more resilient Africa.
“Where insurance plays a vital role in protecting and enabling progress. Mr. Kamara’s legacy serves as a beacon, guiding us as we continue to fulfil our promise.
“Clients and stakeholders can confidently rely on Veritas Kapital Assurance’s financial strength and commitment to excellence, making it a trusted partner in safeguarding their interests,” it added.
