#AfricanDOers: Catherine Lesetedi, CEO of Botswana Life Insurance Limited

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TROPICS MAGAZINE – Catherine Lesetedi is the Chief Executive Officer of Botswana Life Insurance Limited, the largest and oldest life insurance company in Botswana with a market share of more than 80% and more than 200, 000 individual clients and over 250,000 active individual life policies. She’s an accomplished insurance professional, a business leader, and executive with over twenty years’ experience in life insurance.

Under her leadership, Botswana Life has undergone a significant transformation, from a traditional and conservative company to a large but agile, forward-looking and customer-responsive institution. Examples of this transformation include a number of initiatives, including but not limited to the implementation of a fully-fledged call centre, the introduction of multiple distribution channels – bancassurance, mobile money, post office; introduction of a LifeRewards a prepaid visa card and a loyalty card. The company continues to look for innovative ways of maintaining its competitive edge by embracing new technological solutions.

Ms Lesetedi – Letegele is the current President of the Insurance Council of Botswana and sits on two Boards, a reinsurance company and a funeral services group.

She holds a BA in Statistics and Demography from the University of Botswana in 1991, Management Development Programme 1996 through the University of Capetown Graduate School of Business. Higher Certificate in Insurance (HISC) through IISA in 2007, IISA Programme in Advanced Insurance Practice (UNISA -2009). She is an Associate Member to the Insurance Institute of South Africa (IISA). She also holds a Certificate in Leadership from Cornell University, USA, NYC – June 2013.

In addition, Mrs Lesetedi- Letegele has attended Strategic Leadership through Coaching, Coaching for Excellence programmes through the UCT Graduate School of Business as part of her personal and leadership development and in particular coaching as a vocation.

She is a winner of the Sanlam Group Chief Executive Officer’s Eagle Award, the award was in recognition of her achievement in growing Botswana Life’s Corporate Business market share from 35% in 2007 to a sterling 80% in 2009.

Ms Lesetedi-Letegele is a finalist in Africa’s Most Influential Women in Business and Government, the winners of this prestigious award will be announced in July, we wish her well in this regard!

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