AIICO Appoints Mr. Olusola Ajayi As An Executive Director

Proshare - Facebook Proshare - Twitter Proshare - Linked In Proshare - WhatsApp

Monday, September 09, 2019 /04:00PM /NSE / Header Image Credit: Aiico Insurance

The Board of Directors of AIICO Insurance Plc has appointed Mr. Olusola Ajayi as Executive Director following a successful assessment and due approval by the National Insurance Commission (NAICOM).

Olusola is an experienced business leader with over fifteen years' leadership positions in management consulting and insurance in Nigeria and the United Kingdom. He joined AlICO in 2009 as head of the Business Strategy and Transformation teams.

In 2013, 'Sola assumed leadership of the retail life insurance business, and has led the transformation of the agency business, by deploying cutting-edge solutions and enabling capabilities which has resulted in significant growth in the company's annual premiums and asset under management (AUM).

Prior to joining AIICO, he worked at the prestigious consulting firm Accenture (Lagos) in the Financial Services market unit, before joining Deloitte Consulting (London, UK). As a business consultant in both firms, he supported/led business transformation initiatives in Strategy, Process Optimization and Technology Deployments.

In this new position, he will oversee the Group Retail Division, with a mandate to drive growth across the group retail businesses and retaining AIICO as an industry leader.

Mr. Olusola currently serves as Chairman of the Board of AIICO Multishield Limited, the Group's Health Maintenance Organization (HMO). He holds an MBA from INSEAD and obtained his 3 first degree in Chemical Engineering from the University of Lagos. Sola is a certified Project Manager as well as a Senior Member of the Chartered Insurance Institute of Nigeria.

One Year Share Price Movement

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News

1.       AIICO Announces The Appointment Of Babatunde Fajemirokun As Managing Director

2.      AIICO Declares N2.94bn PAT in Q2 2019 Results,(SP:N0.64k)

3.      AIICO Declares N1.03bln PAT in Q1 2019 Results,(SP:N0.75k)

4.      AIICO Declares N3.15 bn PAT in 2018 Audited Results; Proposes N0.06K Final Dividend

5.      AIICO Notifies of Delay in Filing of the Company’s 2018 AFS

6.      AIICO Notifies of the Resolutions of the Board Meeting Held on the 12th of March 2019

7.      AIICO Notifies of its Board Meeting to Hold on March 12, 2019

8.     AIICO Declares N1.82bn PAT in Q3 2018 Results,(SP:N0.65k)

9.      AIICO Declares N1.28 bn PAT in 2017 Audited Results,(SP:N0.87k)

10.  AIICO Plc to Hold Extra-Ordinary General Meeting On October 5th 2018

11.   AIICO Declares N1.93bn PAT in Q2 2018 Results,(SP:N0.71k)

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News