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NIGERINS Announces Appointment of Mr. Edwin Igbiti As Substantive MD-CEO

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Friday, November 29, 2019 / 05:30 PM / NSE / Header Image Credit: AIICO

Upon notification of the National Insurance Commission (the "Commission") of our Board's appointment of Mr. Edwin Friday Igbiti as the Managing Director/Chief Executive Officer of Niger Insurance Plc (the "Company"), the Commission has forwarded a letter approving his appointment.

We are therefore pleased to inform The Nigerian Stock Exchange (The "Exchange"), our shareholders and the investing public that the National Insurance Commission has approved the appointment of Mr. Edwin Friday Igbiti as the substantive Managing Director/Chief Executive Officer of Niger Insurance Plc.

Mr. Edwin Igbiti, was the immediate past Managing Director/Chief Executive Officer of AIICO Insurance Plc. He holds an MBA from the University of Ado-Ekiti and an Advanced Diploma in Management from the University of Lagos. He is an Associate Member of the Chartered Insurance Institute of London (ACID), a Chartered Member of the Nigerian Institute of Management, and a

Fellow of the Chartered Insurance Institute of Nigeria (CIN). He is also a Member of the Institute of Directors in Nigeria, a certified Business Continuity Systems Lead Auditor from the British Institute, UK and an alumnus of the Howard University Business School, U.S.A.

He has worked in various capacities, including underwriting sales and claims management in the insurance industry. Before joining AITCO Insurance Plc in 1992 as a Deputy Manager, he started out working at Phoenix Insurance Company as an underwriting trainee and rose to the position of Managing Director /CEO of ATICO in 2013 until his retirement in August, 2019.

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