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Andrew Nkolola

Chief Executive Officer at aYo Zambia (Joint venture between MTN and MMI Holdings)

Andrew Nkolola is the Chief Executive Officer of aYo Zambia, a microinsurance company that is a joint venture between MTN Group and MMI Holdings (now Momentum Metropolitan Holdings).12 He has been leading the company's impressive growth in the Zambian market, with aYo Zambia reaching over 3.5 million enrolled customers in its first three years of operation.13

Under Nkolola's leadership, aYo Zambia has focused on customer-centric approaches, developing innovative and accessible insurance products for the Zambian market. Some key achievements and initiatives during his tenure include:

  1. Launching the "Recharge with Care" product, offering hospital and life cover to individuals.1
  2. Introducing the new Family Cover product in Q4 2022, allowing Zambians to insure up to seven family members without filling out forms.13
  3. Expanding aYo's offerings to include personal property insurance at affordable rates.1
  4. Driving financial inclusion by integrating insurance products with mobile financial services.1

Nkolola emphasizes the importance of simplicity, affordability, and accessibility in aYo's services, addressing daily challenges faced by customers.1 Under his leadership, aYo Zambia has received recognition for its innovative approaches, including awards for Most Innovative Ecommerce Product and multiple honors from the Pensions and Insurance Authority Industry.3

His LinkedIn profile indicates that he has experience in inclusive insurance, insurtech, and distribution & customer experience.4 Nkolola is also an alumnus of the University of Zambia.4

Highlights

aYo Zambia launches Family Cover in response to 'overwhelming ...
Jan 25 · techtrends.co.zm
Customer Focus Sees aYo Zambia To Continue Local Growth -
Customer Focus Sees aYo Zambia To Continue Local Growth -
Dec 4 · mtn.com
Insurance is Mobile, and 5.3 Million Africans Know it | MTN.com
Feb 1 · mtn.com
Sustainable societies Archives | MTN.com %
[PDF] MTN Group and MMI Holdings jointly announce the launch of a ...
May 6 · ayo-holdings.com
African micro-insurer aYo breaks 10m mark…

Related Questions

What are Andrew Nkolola's key achievements at aYo Zambia?
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Andrew Nkolola
Andrew Nkolola, photo 1
Andrew Nkolola, photo 2
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Location

Zambia