Saturday, July 12, 2025
27.5 C
Lagos

NAICOM Approves Ademola Abidogun as Guinea Insurance CEO

The National Insurance Commission (NAICOM) has approved the appointment of Ademola A. Abidogun as the substantive Managing Director/Chief Executive Officer of Guinea Insurance PLC.

The approval came in a letter dated November 8, 2019, captioned “Final Approval to Appoint Mr. Ademola A. Abidogun as the Substantive Managing Director/CEO of Guinea Insurance PLC.

In a statement by the Chairman, Board of Directors of the company, Barrister Godson Ugochukwu, “ Mr. Abidogun brings to Guinea Insurance PLC, 24 years experience in providing strategic and operations leadership in uniquely challenging situations in the insurance industry.”

Ademola Abidogun Managing Director/CEO Guinea Insurance Plc
Ademola Abidogun
Managing Director/CEO
Guinea Insurance Plc

He is a seasoned professional with inestimable depth and wealth of technical experience acknowledged industry-wide. His combined expertise in marketing, insurance broking, underwriting/claims administration, oil and gas, banking, telecoms, reinsurance, product development, business risk advisory, special risks and strategic planning, offer a formidable springboard for relaunching the Company’s propensity to act and hence, develop and implement sustainable plans for long-term growth and shareholder value creation. Prior to his appointment, Ademola had championed the affairs of many companies in the insurance industry; the most recent being: Fin Insurance Company Limited, where he served as Executive Director, Technical/Operations and Ag. Managing Director.

At Cornerstone Insurance PLC, he pioneered the Bancassurance/Retail team as Assistant General Manager. He holds a Master of Science degree in Business Administration from Rivers State College of Science and Technology (2007); He is an alumnus of the prestigious London and Lagos Business Schools as well as the University of Texas. As an erudite insurance professional; he has attended numerous management courses and seminars both locally and internationally.

In a related development, the 61st Annual General Meeting of the Company holds on Wednesday, November 20, 2019 in Uyo, Akwa Ibom State; and as consistent with the conduct of annual general meetings, Mr. Ademola Abidogun’s appointment as Managing Director/Chief Executive Officer, will be ratified following the resolution by shareholders of Guinea Insurance PLC at the forthcoming annual general meeting.

spot_img
spot_img
spot_img

Hot this week

Fidelity Bank Delivers Hope to Internally Displaced Persons in Benue State

Team Lead, CSR, Fidelity Bank Plc, Victoria Abuka (Left);...

Union Bank Responds to Court Ruling on NICON, Global Fleet, Jimoh Ibrahim Case

Union Bank of Nigeria acknowledges the recent judgment of...

NAICOM, CIIN Laud IMT for Advancing Tech-Driven Insurance in Nigeria

The Commissioner for Insurance (CFI) and the CEO of...

NCDMB Unveils Nigerian Content Fund Certificate, Empowers 130 firms with $400m NCI Fund

The Nigerian Content Development and Monitoring Board has introduced...

Local Content, NCDMB on the Spotlight at 2025 NOG Conference

The recently held 2025 Nigeria Oil and Gas (NOG)...

Topics

GT Bank Appoints Osaretin Demuren as New Chairman

Guaranty Trust Bank Plc has announced the appointment of Mrs. Osaretin Afusat Demuren as the New and 6th Chairman of its Board of Directors, at the 25th Annual General Meeting of the Bank which held on Tuesday March 31st, 2015 at Oriental Hotel, Lekki-Epe expressway, Lekki, Lagos. Demuren was presented to Shareholders as a replacement for the outgoing Chairman, Mr. Egbert Imomoh, who is retiring from the Board in compliance with the Bank’s Code of Corporate Governance, which stipulates a retirement age of 70 years for Non-Executive Directors of the Bank.

Union Bank Earns BBB+, Stable Rating from GCR

Global Credit Ratings Co. (GCR) has affirmed Union Bank...

NSML Launches Clean Waterways Initiative to Tackle Plastic Pollution

NLNG Shipping and Marine Services Limited (NSML) has launched...

NCRIB President Attends BIBA Conference in UK

L-R: Deputy President, Nigerian Council of Registered Insurance Brokers...

Stanbic IBTC: Celebration of 2 Awards for Gender Diversity, Equality

Stanbic IBTC Holdings Plc, a member of Standard Bank Group and a...

NNPC Delivers PH Refinery on Schedule, Achieves Mechanical Completion

The Nigerian National Petroleum Company (NNPC) Limited has fulfilled its...

Emirates, Huawei Partner on Enhanced Mobile App Experience to Users

Emirates has announced a collaboration with Huawei, one of...

Stanbic IBTC Pension Managers Launches FUZE Talent Hunt  

Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic...
spot_img

Related Articles

Popular Categories

spot_imgspot_img