#ThisMonday KNOW YOUR INSURERS (KYI): LEADERSHIP CHANGES AMONG INSURANCE COMPANIES IN NIGERIA
#ThisMonday KNOW YOUR INSURERS (KYI): LEADERSHIP CHANGES AMONG INSURANCE COMPANIES IN NIGERIA By Ekerete Ola Gam-Ikon It has been Fifty-seven (57) days since the expiration of the deadline given by the Insurance Regulator in Nigeria, National Insurance Commission (NAICOM) for all Managing Directors/CEOs and Executive Directors, who had spent 10 years and 12 years respectively to vacate their positions in line with the Tenure Limits stipulated in the Corporate Governance Guidelines for the insurance industry in Nigeria. Accordingly, many insurance companies complied with the directive and today, they have new CEOs on board, and EDs too in some cases, to steer the affairs of these insurance companies. Expectedly, the Immediate Past MD/CEOs and EDs have been accommodated in the emergent holding companies to ensure continued delivery of excellent customer service and claims payments. As you may be aware, insurance professionals mature into higher positions bas...