Monday, January 5, 2026
27.1 C
Lagos

Unitrust Insurance: Adedayo is New CEO, Olatunji Becomes ED, Technical

 

Adedayo Arowojolu                                                                         

Managing Director/CEO

Unitrust Insurance Company Limited

Unitrust Insurance Company Limited has appointed Mr. Adedayo Arowojolu as the new Managing Director/CEO and Mr. Olatunji Anibaba as the Executive Director (Technical) of the Company. Both appointments have been approved by the National Insurance Commission (NAICOM).

Mr. Arowojolu is a graduate of the University of Ibadan, Ibadan, Oyo State, Nigeria where he obtained his first and second degrees. He started his professional career in 1998 and has over 24 years of work experience in the insurance industry. Prior to his appointment, Mr. Arowojolu was the Managing Director/CEO of Coronation Insurance Ghana LTD. He is a Fellow of the Chartered Insurance Institute of Ghana and an Associate of the Chartered Insurance Institute of Nigeria. He is versatile in Oil & Gas insurance, sales, underwriting, and claims administration.

Anibaba is a graduate of Lagos State Polytechnic, Lagos, and has a Master’s in Business Administration from Obafemi Awolowo University, Ife, Osun State. He has over 25 years of work experience in the insurance industry.

He started his career with Glanvill Enthoven & Co. Insurance Brokers and prior to his appointment, he worked in various Units of Custodian and Allied Insurance Limited where he left as the Head of, the Oil and Gas/Special Risks Unit. He has wealth of experience in Insurance Underwriting, Claims administration, and Oil and Gas Insurance.

Anibaba is an Associate of the Chartered Insurance Institute of Nigeria and an Alumnus of the Lagos Business School (SMP27).

Mr. Arowojolu succeeds the erstwhile Managing Director, Mr. John Ijerheime who is retiring after over 40 years of an illustrious career in insurance while Mr. Anibaba replaces Mrs. Yetunde Adenuga who previously served in the position but retired to pursue other opportunities.

In line with the Company’s vision, Messrs Arowojolu and Anibaba are bringing on board a wealth of experience to continuously improve service delivery through differentiated products and proactively managing the risks of our numerous customers and thus, delivering a unique customer experience.

About Unitrust Insurance Company Limited

Unitrust Insurance was established in 1981 and licensed in 1986 in Nigeria to operate as a General/Non-Life insurance company.

The Company’s range of insurance products includes but is not limited to Oil & Gas, Motor, Marine and Aviation, Engineering, Agriculture, and Travel. The Company has shareholders’ funds in excess of N15 billion and an Asset Base of over N19.6 billion as of December 2021.

spot_img
spot_img
spot_img

Hot this week

CBN: Nigeria’s Economic Activity Strengthened in Dec with 57.6 Points in PMI

The Central Bank of Nigeria (CBN) has reported a...

NDIC Reaffirms Compliance with Fiscal, Financial Regulations to Strengthen Depositor Protection

L-R: MD/CE, Ministry of Finance Incorporated (MOFI), Dr. Armstrong...

Fidelity Bank Enhances Maternal and Child Healthcare Delivery at ESUTH

L-R: Public Relations Officer, Enugu State University Teaching Hospital...

Polaris Bank Champions Girls’ Hygiene Awareness with Female Hygiene Essentials in Schools

Polaris Bank has continued its commitment to empowering the...

Topics

Union Bank Backs 10th Edition of Maltina Teacher of The Year Program

Union Bank of Nigeria, in continuation of its on-going...

Corruption: A Burden on Nigerian Businesses—Allianz Report

The Allianz Risk Barometer 2018 report reveals theft, fraud and corruption as the...

Banks, Telcos Disagreement Hindering Mobile Money Services

The inability of banks and telecom operators to agree on modalities for mobile money operations is hindering the potential of such transactions in Nigeria, compared to the acclaimed success of M-pesa in Kenya. Mobile money transactions need legislations and approvals from both the Central Bank of Nigeria (CBN) which regulates the banking sector and the Nigerian Communications Commission (NCC) that oversees telecom services in the country. Giving an insight into the success of M-Pesa in Kenya at the Commonwealth Broadband Forum 2015 in Abuja, Mr. Joseph Tiampati Musuni, Principal Secretary, Ministry of Information, Communications and Technology, Kenya, said their country experienced a similar Banks-Telcos disagreement at the outset of mobile money services in Kenya. But he added that the government was able to facilitate an amicable and working arrangement between them to pave way for roll-out of the service.

AfDB Commits $9m for Agricultural Finance in Nigeria

The African Development Bank has approved a $9 million...

The Year 2020 and Economic Outlook of 2021

By Dr. Harrison Eromosele Everyone agrees that 2020 was...

Stanbic IBTC: ‘Youths Need Strategic Engagement, Empowerment for Productivity’

Determined to further strengthen the strategic position...
spot_img

Related Articles

Popular Categories

spot_imgspot_img