Moses Ojeisekhoba appointed President of Resolution Life in Bermuda

On September 16, 2024, Resolution Life announced the appointment of Moses Ojeisekhoba as President, effective October 1, 2024. This strategic move is aimed at advancing the company's growth plans, with Ojeisekhoba expected to succeed Sir Clive Cowdery as CEO in 2026. Ojeisekhoba brings over 30 years of experience in the insurance sector, having held senior roles at Swiss Re, Chubb Group, and Unico American Corporation. Resolution Life has experienced significant momentum over the past year, including partnerships with Blackstone and Nippon Life, raising $3 billion in equity capital, and completing three reinsurance transactions. The company also launched a $500 million Tier 2 listed debt issuance and acquired Asteron Life, a New Zealand life insurance company. These developments reflect Resolution Life's commitment to strengthening its position in the global life insurance market. Sir Clive Cowdery expressed confidence in Ojeisekhoba's leadership abilities, highlighting his operational experience and the value he will bring to the company. Ojeisekhoba himself expressed excitement about joining Resolution Life, praising its track record and leadership in the life and annuity consolidation market. He aims to work closely with the senior leadership team to capitalize on future opportunities. Resolution Life has been active in the acquisition and management of life insurance portfolios since 2003, deploying approximately $19 billion in equity. The company operates in multiple regions, including Bermuda, the U.K., the U.S., Australia, New Zealand, and Singapore, focusing on delivering policyholder benefits in a secure environment.