NSIA Insurance appoints new board chairman
Adesegun Akin-Olugbade
NSIA Insurance Limited has appointed a new board chairman to provide seamless service delivery to Nigerians.
The new chairman, Board of Directors, Dr. Adesegun Akin-Olugbade, has promised to maximise untapped potential in the economy, and raise confidence level. He also pledged to preserve the interest of the insured.
He said: “We observed that many Nigerians are yet to embrace the culture of policy holding,” and expressed readiness to engage in public education and enlightenment programmes that would stir up interest of the people.
Akin-Olugbade, who is also a legal, finance, and corporate governance expert, holds a Doctorate (SJD) and a Masters’ degree (LL.M.) from Harvard Law School. He obtained an LL.B. (Honours) degree from King’s College London University, in 1983, and was called to the Nigerian Bar in 1984.
He said it is a privilege to take the role at such an exciting time in the industry when the needs of NSIA’s customers, people, regulators, and other stakeholders are changing rapidly.
According to him, NSIA has been successful in providing traditional, innovative and tailor-made insurance risk management products in both Life and Non-Life classes of insurance offerings over years.
The outgoing Chairman of the Board, Ituah Ighodalo, said: “My time on the Board of NSIA, was an eventful one, with the support of seasoned professionals, who made serving as the Chairman seamless. I trust that Akin-Olugbade would experience the same, as I wish him success.”
The Managing Director/Chief Executive Officer, NSIA Insurance, Ebelechukwu Nwachukwu, said: “Akin-Olugbade’s long history of leadership, coupled with his experience as an accomplished multilingual and multi-skilled leader, who is passionate about the socio-economic development of Africa, makes him the ideal person for this role. I look forward to working with him to ensure that the company continues to make impact on stakeholders and our society.”
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