Embed Financial Group Holdings (EFGH), an insurtech company based in Singapore, has appointed Eric Mboma as the Chief Executive Officer for Africa, a decision that marks a key milestone in the company’s expansion strategy on the African continent.

With the appointment of Eric Mboma, the group aims to accelerate its impact and distribution strategy through new strategic partnerships across its four markets on the continent, including Botswana, Zimbabwe, South Africa, and Nigeria.

“Thanks to his knowledge and abilities, EFGH will be on track to accelerate its expansion, as well as its intention to ‘democratize finance,” said Dennis Ng, the group’s executive chairman.

With over two decades of experience in leadership positions in the financial services, infrastructure, and impact investment sectors, Eric Mboma has held the position of regional director for the MENA region (Middle East and North Africa) at AGF Funds, where he led investment initiatives focused on sustainable development and economic resilience.

As the CEO of Standard Bank in the Democratic Republic of Congo, he led major structural transformations, strengthening the institution’s financial stability while improving access to banking services for thousands of clients.

His background also includes roles at Credit Suisse, where he worked in strategic functions related to capital markets, as well as at BHP Billiton, one of the world’s largest mining groups.

A graduate of the Chicago Booth School of Business, the Harvard Kennedy School, and ESCP Business School, Mboma embodies leadership that is both global and deeply rooted in African realities. He is also an ambassador for Chicago Booth in Africa, demonstrating his commitment to the continent’s development.