Resolution Life, the Bermudian-based global life insurance group focusing on the acquisition and management of portfolios of life insurance policies, has appointed Moses Ojeisekhoba as president with effect from October 1.

The company said Mr Ojeisekhoba will be tasked with delivering the next phase of its growth plans, working closely with Sir Clive Cowdery, the founder, chairman and chief executive.

Resolution Life said Mr Ojeisekhoba is expected to succeed Sir Clive as chief executive during 2026 with Sir Clive remaining executive chairman.

Mr Ojeisekhoba will be responsible for the leadership of the commercial, market-facing division of Resolution Life and will drive the strategy, growth, profitability, and value creation of the business.

The company said his appointment comes on the back of strong momentum for Resolution Life in the last 12 months having finalised strategic partnerships with Blackstone and Nippon Life, raised $3 billion in equity capital, completed three reinsurance transactions, launched an inaugural $500 million Tier Two listed debt issuance, and acquired Suncorp’s New Zealand life insurance company, Asteron Life.

Sir Clive said: “We are delighted to welcome Moses as president at this pivotal time in our journey as we continue to grow and pursue our mission of being a long-term partner to the global primary life industry.

“Moses is an exceptional and highly regarded executive. I have long admired his proven leadership and operational experience, and I am confident that he will be invaluable to Resolution Life as we embark on our next phase of growth.”

Mr Ojeisekhoba said: “I am very excited to be joining Resolution Life with its excellent track record and I have been impressed by Resolution’s pioneering accomplishments over the past 20 years and its leading position in the global life and annuity consolidation market.

“I am confident that Resolution Life has an extremely bright future and I look forward to working closely with Clive, the senior leadership team and all my colleagues in capitalising on the opportunities ahead of us to protect the financial futures of our policyholders and create value for our other stakeholders.”

The company said Mr Ojeisekhoba is an accomplished insurance executive with over 30 years’ experience in the sector. He joins from Swiss Re where he spent over 12 years in multiple senior executive positions, most recently as chief executive, Global Clients & Solutions where his responsibilities included managing relationships with some of Swiss Re's key clients.

Resolution Life has operations in Bermuda, the UK, the US, Australia, New Zealand and Singapore.