FBN Insurance coverage Proclaims Board Appointments

Nigeria’s main life insurer, FBNInsurance Ltd., has introduced the appointment of Dr. Femi Oyetunji as its Chairman and Alhaji Mohammed Borodo as an Unbiased Non-Govt Director.

Dr. Oyetunji has over 30 years of in depth business expertise with fiscal, strategic, operational, and transformational management. The final 10 years was spent because the Group Managing Director/CEO of Continental Reinsurance Plc the place Oyentunji served earlier than his retirement in 2021.

Dr. Oyetunji, holds a Bachelor of Science diploma from Victoria College of Manchester the place he graduated with First Class in Statistics and Operational Analysis, a Grasp of Science diploma [MSC] from the College of London, and a Ph.D. from the College of Manchester, Institute of Science & Know-how, England and Fellow of the Institute of Actuaries, United Kingdom, Institute of Administrators, Nigeria [IOD], and Affiliation of Pension Funds of Nigeria.

The business big has served on the Board of Crusader Sterling Pensions Restricted and Tangerine Life Insurance coverage and acted as President of the Funding Advisers and Portfolio Managers [IAPM] and had a stint with Nigerian Insurance coverage Affiliation [NIA] because the Vice-Chairman. Dr. Oyetunji, has served in main Insurance coverage Firms in Nigeria together with, Crusader Insurance coverage Nigeria Plc. as Managing Director/CEO and AIICO Insurance coverage Plc as Basic Supervisor, Life Operations Division. Previous to his appointment because the Managing Director/CEO of Continental Reinsurance Plc, he served because the Managing Director/Chief Actuary of Alexander Forbes Consulting Actuaries Nigeria Restricted.

In the identical growth, Alhaji Borodo, the brand new Unbiased Non-Govt Director was the pioneer Firm Secretary of FBN Holdings Plc (FBN Holdings) who oversaw the method of admitting FBN Holdings to the Premium Board of the Nigerian Inventory Alternate in 2015 and retired from FBN Holdings in October 2017 after a profitable profession spanning over 29 years with the Group.

Borodo holds a legislation diploma from the Ahmadu Bello College, Zaria, a B.L (Barrister at Regulation) from the Nigerian Regulation Faculty, Nigeria and a grasp’s in legislation diploma from the College of Essex, United Kingdom. He’s a Fellow, Institute of Administrators, Nigeria, the Society for Company Governance Nigeria; and the Institute of Chartered Secretaries and Directors, Nigeria.

Borodo is a Member, the Worldwide Bar Affiliation, Nigerian Bar Affiliation, and an Honorary Senior Member, Chartered Institute of Bankers of Nigeria. In October 2017, he was given a lifetime achievement award for his contributions to the authorized occupation in Nigeria by the Esq Journal. In January 2018, Borodo was appointed a member of the Technical Committee that drafted the Monetary Reporting Council’s Nigerian Code of Company Governance 2018. He’s presently the Principal Accomplice of Tijjani M. Borodo & Associates, a top-tier legislation agency with places of work at Lagos and Abuja.

FBNInsurance is a Restricted Legal responsibility Firm licensed to transact Life Insurance coverage enterprise in Nigeria, offering cowl for Particular person and company purchasers with robust presence in nearly each state within the nation. FBNInsurance can also be a member of the Sanlam Group, a number one diversified, pan-African monetary companies group. Leveraging the power of the Sanlam Group model, FBNInsurance is strategically positioned to remodel the insurance coverage business in Nigeria. The corporate has received a number of awards together with, Greatest Life Insurance coverage Firm in Nigeria by World Finance 2014, 2016, 2017, 2019 & 2020; Greatest Insurance coverage Firm in Africa by the African Insurance coverage Awards, 2018; Quickest Rising Insurance coverage Firm by the Nationwide Affiliation of Insurance coverage and Pension Correspondents, 2018; Augusto & Co. A+ ranking in 2016 & 2018 and Licensed as a Nice Place to Work, Medium-Sized Group 2019.