Ojumah emerges African insurance CEO 2020

The Managing Director and Chief Executive Officer, FBNInsurance Limited, Val Ojumah has emerged the CEO of the Year in the African Insurance Awards 2020 edition held virtually recently and organised by African Reinsurance Corporation (AfricanRe).

Other nominees in the category won include the Chief Executive Officer of ARM Life, Stephen Adekunle Alangbo, the Chief Executive Officer of Societe Nationale D’assurance, SAA, Mr. Nacer Sais; CEO of MUA Limited, Mr. Bertrand Casteres and the CEO of GIG Insurance, Egypt, Mr. Alaa Mohamed Ali El-Zoheiry.

The award organisers, AfricanRe commented that Mr. Val Ojumah won the CEO of the year award on the strength of his ability to turn around the fortunes of FBNInsurance and the company today is a top performer in terms of premium growth.

Ojumah was also applauded for using his experience to gain market share and for overseeing a strategic acquisition – FBN General Insurance.
Also, commendable, was the pioneer of the sale of insurance through mobile device under his leadership.