Botswana Life CEO quits

Moorad has been CEO of Botswana Life since March 2016
Moorad has been CEO of Botswana Life since March 2016

Hardly two years into her job, the chief executive officer (CEO) of Botswana Life Insurance Limited, Bilkiss Moorad has resigned amid reports of stark differences with her corporate superiors on the strategy to turnaround the sluggish perfomance of the company.

Botswana Life recently released lukewarm results for the half-year ended June 2017, which were characterised by reduced premium income and declining values of new business. 

In a statement released yesterday, parent company, BIHL announced that Moorad would be leaving the group to pursue other interests.

Editor's Comment
The corrupt must be punished

The findings reveal a disturbing pattern of misconduct and lack of transparency that cannot be ignored.The Tribunal, led by Judge President Justice Kabelo Lebotse, has rightly condemned the Ministry for its eyebrow raising conduct in awarding a P1.8 billion water tender to China Civil Engineering Construction Corporation (Pty) Ltd and Zhong Gan Engineering & Construction Corporation (Pty) Ltd.The award was made despite alleged clear evidence that...

Have a Story? Send Us a tip
arrow up