Senegal
OLEA Senegal
Managing Director
Ibrahima Sy
Managing Director
Ibrahima began his career in insurance as Financial Controller at AXA France. In 2015, he returned to Senegal and joined the local Gras Savoye subsidiary as Back Office Manager. Two years later, in 2017, he became head of the Personal Insurance department, which he managed for almost four years.
Building on this experience, he joined OLEA Senegal as Director of Personal Insurance, with the task of supporting the launch of the subsidiary's health management activities. In 2023, based in Dakar, he coordinated and supported the health departments of the 16 French-speaking subsidiaries of the OLEA Group.
He becomes Managing Director of OLEA Senegal in March 2025.
The Subsidiary
| Date Established | 1999 |
|---|---|
| Employees | 37 |
| Address | Focus One Building – Avenue Birago Diop – Point E – Dakar – Senegal |
| senegal@olea.africa | |
| Languages | French English |
Some Key Figures
Country population: 17.8 Million (2023 census)
GDP per Capita: $1,838 (2023)
GDP growth in 2023: 4.7 %
GDP growth in 2024: 7.1 % (forecast)
A well-ranked health system in Africa.
Significant mineral (gold), agricultural (cocoa), oil and gas resources.
Great development of mobile telephony and progress in digitalization.
Established democracy.
Attractive business environment, favorable to FDI.
International financial support.
Economic partnership agreement with the European Union entered into force in 2021.
Market size: 380.8 Million USD per year
Insurance penetration rate: (as % of GDP) 1.9%