A Conversation with Patty Karuaihe-Martin, Chairperson of OESAI
In a recent interview with COVER magazine, Patty Karuaihe-Martin, the current chairperson of the Organisation of East and Southern Africa Insurers (OESAI) and the Managing Director of Namib Re, shared insights into her role and the exciting developments within OESAI.
As the driving force behind the organisation’s growth and professional evolution, Patty’s leadership sheds light on the crucial elements that contribute to its success.
Navigating Governance and Expansion
OESAI, the Organisation of East and Southern African Insurers, serves as a unifying platform for insurers across East Africa, Southern Africa, and beyond. Patty Karuaihe-Martin, the accomplished chairperson of OESAI, describes her role as integral to ensuring the institution’s proper governance. With an unwavering focus on strengthening governance structures, Patty emphasises the significance of a well-functioning management board that represents diverse regions. Over the past five years, she has overseen impressive growth, doubling the number of board members to 23. These members span from Sudan to Burundi and the DRC (Democratic Republic of Congo), reflecting OESAI’s far-reaching impact.
One of Patty’s key accomplishments has been facilitating uninterrupted communication and decision-making even during the challenging times of the COVID-19 pandemic. Leveraging virtual meetings, she ensured that OESAI remained engaged and responsive, reinforcing the organisation’s commitment to its members’ needs across Africa.
Empowering Members through Education and Innovation
Patty’s enthusiasm for progress and innovation within OESAI is palpable. Recognising the importance of continuous professional education in the insurance sector, she has championed initiatives that provide substantial value to members. The dynamic landscape of the insurance industry demands ongoing learning and adaptation, making educational opportunities a cornerstone of OESAI’s offerings.
The organisation’s embrace of technology has been particularly evident in its approach to webinars. By expanding their digital presence, OESAI has engaged members through insightful discussions and workshops that transcend geographical barriers. Patty’s vision extends beyond the traditional bounds, as she envisions OESAI as a comprehensive resource centre, providing members with the data-driven insights necessary for informed decision-making.
One standout endeavour Patty highlights is the inclusion of youth and younger professionals within OESAI’s ranks. By embracing the energy and perspectives of the next generation, OESAI has established a vibrant and inclusive community. This move complements the broader theme of adaptation and forward-thinking that Patty has championed throughout her tenure.
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Embracing a Sustainable Future
Patty’s vision for OESAI’s future encompasses an integrated approach to sustainability. Beyond the realms of insurance, OESAI is dedicated to promoting sustainable practices that ensure the long-term viability of the industry. The Nairobi Declaration, a cornerstone of OESAI’s mission, underscores the importance of sustainable insurance practices. Patty eloquently articulates the necessity of preparing for a future where insurance remains viable and relevant in a changing world.
Celebrating 50 Years of Achievement
As OESAI approaches its 50th anniversary, Patty Karuaihe-Martin reflects on the journey with a sense of pride and accomplishment. The challenges faced along the way have been met with diligence, determination, and a commitment to delivering value to members. The organisation’s evolution from its early days to its current stature as a respected and forward-looking entity stands as a testament to her support of the organisation’s leadership and the collective efforts of the OESAI community.
In conclusion, Patty Karuaihe-Martin’s role as chairperson of OESAI transcends mere governance and leadership; it encompasses a passionate dedication to the growth, innovation, and sustainable future of the insurance sector across East and Southern Africa. Through her visionary approach, OESAI has not only flourished as an organisation but has also become a catalyst for positive change within the industry.
As OESAI celebrates its 50th anniversary, the legacy of Patty’s contributions and the collective achievements of OESAI’s leadership and members serve as a powerful testament to the enduring impact of collaboration, education, and adaptability in shaping the insurance landscape.