AFRICAN INVESTOR AND SUNU GROUP CHAIRMAN DIES AT THE AGE OF 81

Mr. Pathé Dione, the founder and president of SUNU Group, has died, according to SUNU Group management.

He died yesterday, at the age of 81 years.

Dione was a prominent financial services investor who dedicated his entire life to contributing to the development of Africa by and for Africans.

“SUNU Group Management announces with deep sadness the demise of Mr. Pathé Dione, founder and president of SUNU Group,” said a statement from the company. He died on Thursday, January 12th, at the age of 81.

“Mr. Pathé Dione was an eminent actor in the financial services sector, who devoted his entire life to contributing to the development of Africa by Africans and for Africans. By founding the SUNU Group in 1998, he advocated for the values of respect, probity, and excellence that underpin the SUNU Group’s identity for 24 years before handing over the reins to the Managing Director and two Deputy Managing Directors.

“Mr. Pathé DIONE, President and CEO of the SUNU Group, was born on December 29, 1941 in Dakar, Senegal, of French-Senegalese nationality. The SUNU Group is the leading life insurer in the CIMA zone, with a turnover of 234 billion FCFA (357 million euros) at the end of 2021 and more than 567 billion FCFA (865 million euros) in assets under management (Inter-African Conference of Insurance Markets).

“With some 30 companies, including a bank, a microfinance company, and a health management company, the SUNU Group is present in 17 French- and English-speaking sub-Saharan African countries: Benin, Burkina Faso, Cameroon, Central African Republic, Congo, Ivory Coast, Gabon, Ghana, Guinea, Liberia, Mali, Mauritania, Niger, Nigeria, DRC, Senegal, Togo.

“Our sincere condolences to his family, friends, thousands of collaborators, state leaders and authorities, partners and directors of organisations, associations, and companies in the financial sector in Africa and loyal clients. “The funeral program will be announced later,” it said.