INSPENONLINE: Royal Exchange appoints managers

Monday 25 February 2013

Royal Exchange appoints managers

Chuks Udo Okonta

Royal Exchange Plc has announced three strategic appointments in the areas of Asset Management, Human Resources and Retail Business.

A statement from its Corporate Communications Department said Mr. Donald Nosiri was made the new Group Head, Human Resources; Abiola Sanni, Group Head, Asset Management and Mrs. Temitope Ige-Isang as the new Group Head, Retail Business.

Its Group Managing Director, Mr. Chike Mokwunye noted that the resolve of Royal Exchange is to build a market-oriented organization that would be responsive to the needs of the market and the ever-changing demands of customers. "These new appointments are in line with our vision to once again be one of the dominant players in the insurance industry in the coming years", Mr. Mokwunye added.

Below is a profile of the new appointees

Abiola Sanni

,

Group Head, Asset Management, brings to his current role several years of top-tier engagement in corporate finance and investment management. In the past, he had been responsible for setting up Zenith Capital Asset Management, which he nurtured to a competitive market status, initially in his capacity as portfolio manager and later as Chief Operating Officer. He was previously Assistant Vice President/Chief Operating Officer at First City Asset Management where he was responsible for technology, funds operations, funds roll-out and the build-out of FCMB’s asset management business with a focus on retail distribution.

A Nigerian certified public accountant, Abiola is an authorised dealing clerk of the Nigerian Stock Exchange, graduate member of the Chartered Institute of Stockbrokers, a Chartered Banker and an associate member of the National Institute of Marketing of Nigeria (Chartered). Abiola graduated with a B. Sc degree in Accounting from Obafemi Awolowo University, Ile-Ife, and holds a Masters in Finance (Economic Policy) from the University of London, UK.

Donald Nosiri

, Group Head, Human Resources, is an experienced human resources practitioner with over 21 years working experience in the banking sector and also in HR Consulting. While in the banking industry, Donald served in various capacities including being the Head of Human Capital Management of Diamond Bank Plc for about six years. He was also formerly Senior Consultant to Nosprom Consult.

Donald holds the Bachelors and Masters Degrees in Mass Communication from the University of Nigeria, Nsukka and the University of Lagos respectively and a Certificate in Personnel Practice from the Chartered Institute of Personnel and Development London. He is an alumnus of the Lagos Business School (LBS) having undergone the Senior Management Programme (SMP24).

He belongs to several professional associations, among them: the Chartered Institute of Personnel Management of Nigeria (CIPM), the Chartered Institute of Personnel and Development, (CIPD), London and he is a Honorary Senior Member (HCIB) of the Chartered Institute of Bankers of Nigeria.

Mrs. Temitope Ige-Isang

, Group Head, Retail Business, is coming on board with over 22 years of sales experience spanning several industries. She joins from Mutual Benefits Assurance Plc, where, as Head of Retail, she successfully established and managed a retail agency network of about 3,000 personnel.

Mrs. Isang holds a B.Ed (History) from Ondo State University, a Post Graduate Diploma in Management Sciences from ESUT Business School, Enugu and has attended the Strategic Marketing Management (SMM) programme of the Harvard Business School, USA.

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Lawal is Inspen 2014 insurance man of the year

The former President Chartered Insurance Institute of Nigeria (CIIN) Fatai Lawal has emerged the 2014 Inspenonline Insurance Man of the year.

Fatai who is the the Managing Director Sterling Assurance Nigeria Limited was named today, at the Nigerian Insurance and Pension Award organised by Inspenonline.

Chief Executive Officer Inspenonline Media, Chuks Udo Okonta, said Lawal was picked from the votes casted by the public and other considerations made by the award's panel of assessors.

He noted that the winner raised the bar at the the Institute and the industry by opting to serve a tenure which was eventful and impactful. He added that amongst the legacies left by the winner was the printing and donation of Insurance books to secondary and tertiary institutions aimed at deepening insurance awareness.

Okonta noted that the award, which started two years ago with the recognition of two distinguished individuals and an underwriting company, has now come to stay.

"This year, we decided to raise the bar by setting high standards to judge the operations of companies and impacts made by individuals in moving insurance and pension business forward.

"To achieve this, we gave the public the opportunity to select those to be celebrated by calling for votes. Having harmonised the votes which came from different parts of the country, we benchmarked the scores with the set standard to arrive at the winners we are celebrating today," he said.

Others winners are AIICO Insurance Plc, Insurance company of the year; FUG Pensions Limited, Pension Fund Administrator of the Year; YOA Insurance Brokers Limited and Glanvill Enthoven Insurance Brokers Limited, Insurance Broker of the year.

Professional Excellence Award went to Professor Joe Irukwu; Best Professional Group went to the Chartered Insurance Institute of Nigeria and Association of Registered Insurance Agents of Nigeria; Corporate Brand went to Mansard Insurance Plc and Leadway Assurance Limited while Corporate Social Responsibility Award was won by Sovereign Trust Insurance Plc.

The organisers also recognised organisations that distinguished themselves, with Excellence Award. Organisations in this category include the National Pension Commission, Lagos State Pension Commission, Goldlink Insurance Plc and Pension Transition Administration Directorate.

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