The management of Continental Reinsurance Plc has named Chief
Ajibola Ogunshola as the new non-executive Chairman of the Board reports ITRealms.
With this appointment which took effect from November 8,
2016, Ogunshola now succeeds Nadia Fettah.
Established in 1985 and listed on the Nigerian Stock
Exchange in 2007, Continental Reinsurance provides support to over 200
insurance companies in Africa, with its main offices in Nigeria, Cameroon,
Kenya, Côte d’Ivoire, Tunisia and Botswana.
It also has a specialist subsidiary, Continental Property
and Engineering Risk Services, which is registered in South Africa.
Commenting on his appointment, Ogunshola was quoted to have
said in a statement issued on Monday: “I am honoured to accept the Board’s
appointment. Continental Reinsurance is at an exciting phase and I look forward
to working with the Board and management to build on the success that has been
achieved so far.
“I strongly endorse the strategic vision of building
Continental Reinsurance Plc to be the premier private pan-African reinsurer," he said.
Ogunshola holds a B.Sc. (Honours) degree in Mathematics from
the University of Ibadan, and was the first black African to qualify as a
Fellow of the Institute of Actuaries, United Kingdom.
He was for many years the representative of the institute in
Nigeria, and a member of the International Association of Actuaries.
The Group Managing Director/Chief Executive Officer,
Continental Reinsurance Plc, Dr. Femi Oyetunji, said: “We are pleased with the
appointment of Chief Ogunshola as chairman. His experience and deep
understanding of the industry will be instrumental in achieving our strategic
objectives.
“Chief Ogunshola has a formidable track record and
Continental Reinsurance will greatly benefit from his knowledge and vast
experience. I will also like to thank Mrs. Nadia Fettah for her contribution as
chairman. She has been a great source of advice and guidance for the business.
She leaves with our best wishes.”
Over the years, Ogunshola has contributed to the development
of many organisations while serving in various capacities, including as
Managing Director of Niger Insurance; Chairman, Alexander Forbes Consulting
Actuaries (Nigeria); Chairman, Punch Nigeria Limited; Chairman and Managing
Consultant, Ajibola Ogunshola & Company (Actuaries); foundation President,
Nigeria Actuarial Society; and President, Newspaper Proprietors’ Association of
Nigeria.
Continental Reinsurance Plc is 58.4 per cent owned by C-Re
Holding Limited, a Mauritius-based investment vehicle, with the remainder being
free float.
Oyi Midele/GEE
Chief Ajibola Ogunshola
1 comment:
Every individual can identify with different painful scenarios that occur in the world today. Such are the everyday details http://essayusa.com/do-my-homework/ that people encounter in their daily life. It is easy to pick up some of those terrible events and think that they are excuses for certain tragic happenings.
Post a Comment