THE chief executive officer of African Risk Capacity Limited (ARC Ltd), Lesley Ndlovu, has been named among the World Economic Forum’s Young Global Leader’s class of 2022.
Born in Filabusi, Matabeleland South, Ndlovu is an international financial services executive with experience in corporate finance, investment management and insurance and has worked in Bermuda, Singapore, France, United Kingdom and South Africa.
The Forum of Young Global Leaders was founded in 2005 by Klaus Schwab, founder and executive chairman of the World Economic Forum, to help shape future leaders who are equipped to both take responsibility for creating a more sustainable and inclusive world, and to address its increasingly complex and interrelated challenges.
ARC Ltd is a hybrid mutual insurer and financial affiliate of the African Risk Capacity Group. The organisation provides parametric insurance services to African Union member states and farmer organisations, employing innovative financing mechanisms to pool
disaster-related risk across Africa and transferring it to international risk markets.