Yared Mola is a distinguished insurance executive with over three decades of leadership in the insurance and reinsurance sectors, both in Ethiopia and internationally. Renowned for his expertise in strategic leadership, risk management, and market development, Mr. Yared has played a transformative role in shaping the trajectory of the Ethiopian insurance landscape.
For the past 12 years, Yared Mola has served as the Chief Executive Officer of Nyala Insurance S.C., one of Ethiopia’s leading insurers. Under his visionary leadership, Nyala has evolved into one of the most profitable and customer-centric insurance companies in the country, recognized for its financial strength, innovative products, and high-quality service delivery. Mr. Yared’s career also includes international exposure, having served as a risk management consultant in the United States,
Academically, he holds a Bachelor’s degree from Addis Ababa University and a Master’s degree from the University of Greenwich, UK. He is currently pursuing a PhD at the Paris School of Business, further deepening his expertise in global finance and strategic management.
Beyond his executive responsibilities, Mr. Yared is deeply committed to capacity building in the insurance profession. He actively contributes to the training and mentoring of professionals, fostering the next generation of insurance leaders in Ethiopia.
As President of the Association of Ethiopian Insurers, Yared Mola is a vocal advocate for sector-wide transformation. His leadership focuses on deepening insurance penetration and density, raising public awareness about the value of insurance, and driving the overall development of the Ethiopian insurance industry. He has worked closely with regulators, stakeholders, and international partners to position insurance as a pillar of economic resilience and inclusive growth.
In recognition of his exemplary leadership and sectoral impact, Mr. Yared was honored as Africa Insurance CEO of the Year in 2019 by Africa Re.
A visionary yet grounded leader, Yared Mola continues to lead Ethiopia’s insurance industry into a future defined by growth, trust, and innovation, while contributing meaningfully to the advancement of insurance across Africa.
