The African Trade Insurance Agency (ATI) announced the departure of Ms. Toavina Ramamonjiarisoa, who had served the institution for close to a decade as the Chief Financial Officer (CFO). She has separated from ATI due to family reasons.
Ms. Ramamonjiarisoa has been an integral part of ATI’s management team since she was appointed CFO in 2011. In this position, she helped guide the institution towards its current nine-year record-setting growth rates along with ensuring maintenance of ATI’s investment-grade ratings from both S&P and Moody’s (A/Stable and A3/Stable respectively).
The Chairman of the Board of Directors recognized Ms. Ramamonjiarisoa’s substantial contribution and outstanding leadership during her nine years of service to ATI as the CFO and as the Acting Chief Executive Officer, a position she held between July – November 2020.
The Board has commenced the recruitment of a new CFO. In the interim, the multilateral insurer has contracted an interim CFO from KPMG.