FBNInsurance appoints new executive director

Following the confirmation by the National Insurance Commission (NAICOM), FBNInsurance Limited, a member of the FBNHoldings Company associated with the Sanlam Group of South Africa, has announced the appointment of Moruf Apampa as Executive Director, Business Development.

Apampa’s illustrious career started at T.A. Braithwaite Insurance Brokers and Company in 1994, where he learnt the ropes of Insurance Brokage in Nigeria. In 1997, he joined Elmac Assurance Company Limited as Special Products Manager and grew through the ranks to become the Marketing Manager of the firm with experience in managing the company’s branches in Abuja and Kano at various times. 

A seasoned Insurance Practitioner, Moruf has over 20 years of insurance, Sales Marketing and Business Development experience in leading insurance companies including AIICO Insurance PLC and Sunu Assurances Nigeria Limited where he led the team as its MD/CEO and launched the first USSD mobile solution in the insurance industry before joining FBNInsurance as Executive Director, Business Development in 2018. 

Speaking on the appointment, Val Ojumah, MD/CEO, FBNInsurance said, “Moruf is the astute Insurance Professional any company would be proud to have on board. With more than two decades’ experience under his belt , we are sure he would bring that experience and managerial proficiency to bear on our business.”

A Fellow of the Chartered Insurance Institute of Nigeria (CIIN), he is also an Alumnus of the Howard University Business School and Lagos Business School respectively. Moruf is a graduate of Insurance from the Lagos State Polytechnic and holds an MBA in General Management (with special emphasis on Marketing) from the University of Ado-Ekiti.