PenOp CEO: Recapitalisation Will Strengthen the Capacity of Insurance, Pension Sectors

Goodwill message to the 11th NAIPE Annual Conference 2026

BY ANTHONIA IFEANYI-OKORO

CEO, PENOP

It is my great pleasure to extend warm greetings and heartfelt goodwill to the leadership and members of the Nigerian Association of Insurance and Pension Editors (NAIPE), distinguished guests, industry stakeholders, and all participants at the 11th NAIPE Annual Conference.

The theme of this year’s conference, “Post-Recapitalisation Market Dynamics in the Insurance and Pension Sectors,” is both timely and highly relevant, particularly as the financial services landscape continues to evolve.

The recapitalisation exercise presents significant opportunities for strengthening the resilience, capacity, competitiveness, and sustainability of both sectors, while also bringing new dynamics and responsibilities for industry operators and stakeholders.

As the pension and insurance industries navigate this new phase, there is a critical need for informed analysis, effective regulation, innovation, transparency, and public awareness. The media, particularly specialised financial and industry journalists, have an important role to play in providing accurate information, promoting accountability, educating the public, and shaping constructive conversations around developments within the sectors.

I commend NAIPE for consistently providing a credible platform for stakeholders to engage on issues affecting the growth and development of Nigeria’s pension and insurance industries.

This conference offers an opportunity to examine the opportunities and challenges arising from recapitalisation and to identify practical strategies that will deepen market penetration, strengthen consumer confidence, enhance financial inclusion, and ultimately contribute to Nigeria’s economic development.

I am confident that the robust discussions and exchange of ideas at this conference will produce valuable insights and actionable recommendations for policymakers, regulators, operators, professionals, and other stakeholders.

I therefore congratulate NAIPE on the successful organisation of its 11th Annual Conference and wish all participants fruitful deliberations, meaningful engagements, and a successful outcome.

May this conference further strengthen collaboration among the media, regulators, operators, and other stakeholders, and contribute to a stronger, more inclusive, and sustainable insurance and pension industry in Nigeria.

Thank you and I wish you all a successful conference.

 

Hot this week

Fuel Discount for 30 Days: Opposition Parties Claim Victory over Tinubu

Opposition parties in Nigeria have claimed victory over the...

NAICOM, PenCom: Bigger Capital Must Translate into Better Services, Financial Security

L-R: Commissioner for Insurance/CEO, National Insurance Commission, Mr. Olusegun...

Fidelity Bank: Shareholders Commend Strong Capital Base, Asset Quality, Earnings Growth at 38th AGM

L – R: Kevin Ugwuoke, Executive Director, Risk Management;...

Fidelity Bank Plans Lagos Business Forum to Empower Entrepreneurs

Leading financial institution, Fidelity Bank Plc is set to...

NLNG CEO, Adeleye Falade, Earns Honorary Fellowship from NSChE

The Nigerian Society of Chemical Engineers (NSChE) has conferred...

Topics

Is COVID-19 about to Reinvent Payment in Nigeria?

  By Elvis Eromosele Nigerians love cash. Despite the best efforts...

Combating e-Fraud on Telecom Platforms, Building Consumer Confidence in the Digital Economy

By Professor Umar Danbatta EVC/CEO, NCC Being text of the keynote...

April CPI Prints at 12.5%… Persistent Dis-inflationary Trend a Compelling Case for MPR Cut

The National Bureau of Statistics (NBS) released Consumer Price...

Emirates Group Reports $12.6bn 2015 Half-year Revenue

The Emirates Group has announced its half-year results for 2015-16, showing continued business growth and a strong performance. The Emirates Group revenue reached AED 46.1 billion (US$ 12.6 billion) for the first six months of its 2015-16 financial year, down 2.3% from AED 47.2 billion (US$ 12.9 billion) during the same period last year, reflecting the impact of the strong US dollar against major currencies. The Group marked one of its best half-year profit performances ever, with net profit rising to AED 3.7 billion (US$ 1.0 billion), up 65% over the last year’s results.

NESG Hosts 2026 Macroeconomic Outlook, Highlights Growth Prospects, Reform Consolidation

L-R: Mr. Omoboyede Olusanya, Vice Chairman II, Nigerian Economic...

Fidelity Bank Partners Ashoka Africa to Empower Young Innovators

L-R: Co-President, Ashoka Africa, Angelou Ezeilo; Divisional Head, Product...

Emirates’ Exclusive Agreement with Dom Pérignon Champagne

As the only airline with an exclusive agreement to...

LASAA Commissions New offices to Boost Operations

L-R: The General Manager, Radio Lagos, Mr Olajide Lawal;...