Tunde Fajemirokun, Akinjide Orimolade, Austin Osegha Ebose, Others Nominated For Almond Insurance Industry CEO of the Year 2024 Award
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L-R: Mr. Obinna Chilekezi, Secretary, Panel of Judges; Miss Faith Ughwode, Managing Director/CEO, Almond Production Limited (Almond Global Group); Dr Olajide Fadun, Vice Chairman, Awards Panel of Judges, and Miss Oritsejafor Mercy, Business Development Manager, Almond Production Limited, at the unveiling of nominees for the 2024 Almond Insurance Industry Awards, held at Maison Fahrenheit Hotel, Victoria Island, Lagos on Friday, August 9, 2024.
Almond Productions Limited, the organisers of 2024 Almond Insurance Industry Awards has unveiled Mr. Tunde Fajemirokun (Managing Director/CEO, AIICO Insurance PLC), Mr. Akinjide Orimolade (MD/CEO Stanbic IBTC Insurance Limited), Dr. Austin Osegha Ebose, (MD/CEO, Anchor Insurance Company Limited).
Others named as nominees for Insurance CEO of the Year include Ebelechukwu Nwanchukwu (MD/CEO, Rex Insurance Limited) and Olufemi Asenuga (MD/CEO Mutual Benefits Assurance Plc).
In her opening remarks, at a press conference in Lagos recently to announce the nominees of the various categories of the awards, the Chief Executive Officer, Almond Production Limited (Almond Global Group), Miss Faith Ughwode, said Almond Insurance Industry Awards was initiated to foster the best corporate management, leadership, governance, innovation, and sustainable growth in the Nigeria’s insurance sector.
The Insurance Industry Awards and Consumers’ Nite, she said was instituted to reward the “Can Do Spirit” of the Men and Women in the various arms of the Insurance Industry who strive daily to sell insurance either to Individuals or Corporate entities in Nigeria despite the myriad of challenges and obstacles they face. Yet they still forge ahead to underwrite huge business by way of Gross Premium Income (GPI) year on year.
Also speaking, Chairman, Awards Panel of Judges, Ms. Prisca Soares, said this year’s awards witnessed increase in participation from Insurance Industry Stakeholders.
“We are convened here today to reveal the nominees in the various categories. I am thrilled by the Industry’s enthusiastic response to this year’s Awards. The meticulous nomination process which spanned over a month saw active participation from Top Management, Corporate Entities, and Individual Clients, all nominating based on the provided criteria.
“This year, we witnessed a significant increase in participation from Insurance Industry Stakeholders. This is evident in the number of nominations we received this year (392) compared to last year’s 101. The 288.12% increase in participation in the nomination process is a testament to the growing recognition and prestige of the Almond Awards within and outside the Insurance Industry.
“Some of the Nominations were not considered due to non-compliance with the criteria. I must say that overall it was well received.
“It is pertinent to inform you that nominees for the various categories went through the mill of due process and screening by the Judges before being Shortlisted for the Voting Process, she said.
The Vice Chairman, Awards Panel of Judges, Dr Olajide Fadun, unveiled the list of nominees thus:
Under Insurance CEO of the Year, the nominees are: Tunde Fajemirokun (MD/CEO, AIICO Insurance Plc); Ebelechukwu Nwanchukwu (MD/CEO, Rex Insurance Limited); Olufemi Asenuga (MD/CEO Mutual Benefits Assurance Plc); Akinjide Orimolade (MD/CEO Stanbic IBTC Insurance Limited) and Dr. Austin Osegha Ebose, (MD/CEO, Anchor Insurance Company Limited).
For Insurance Woman of The Year, the nominees are: Ebelechukwu Nwanchukwu – MD/CEO, Rex Insurance Limited; Funmi Omo – MD/CEO, Enterprise Life Assurance Company (Nig) Limited; Margaret Nkechi Moore – MD/CEO, Mega Trust Insurance Brokers Limited and Ekeoma Ezeibe – MD/CEO, Crystal Trust Insurance Brokers Limited
Under Life Insurance Company of The Year, the following Companies were nominated: AIICO Insurance Plc; Coronation Life Assurance; Sanlam Life Insurance Nigeria Limited; Custodian Life Assurance Limited and Capital Express Assurance Limited
Nominees for General Insurance Company of The Year Category include Leadway Assurance Company Limited; Consolidated Hallmark Insurance Plc; NEM Insurance Plc; Sovereign Trust Insurance Plc and International Energy Insurance Plc.
Insurance Brokers Of The Year has the following nominees: Kayode Awogboro – MD/CEO, ARK Insurance Brokers; Adeyinka Falade, MD/CEO, ATIAT Insurance Brokers; Funmi Babington-Ashaye – MD/CEO, Risk Analyst Insurance Brokers and Enitan Solarin – MD/CEO, YOA Insurance Brokers Limited
Nominees for Insurance Broking Company of The Year are: SCIB Nigeria & Co. Ltd; Hogg Robinson Nigeria Limited; ARK Insurance Brokers Limited; YOA Insurance Brokers Limited and Insurance Brokers of Nigeria (IBN)
Under the Takaful Company Of The Year Category, the nominees are: Noor Takaful Insurance Limited; Jaiz Takaful Insurance Limited; Salam Takaful Insurance Company Limited and Hilal Takaful Nigeria Limited
For Micro Insurance Company of The Year, the nominees are CHI Microinsurance Limited, Goxi Microinsurance Company Limited, Casava Microinsurance Limited, Lifeguard Microinsurance Limited and Prudent Choice Microinsurance Limited
Nominees for Most Valuable Insurance Customer of The Year are Dangote Group, NNPC Limited, Oando Plc, Air Peace Limited, Office of Head of Service of the Federation (OHCSF) and BUA Group
For Insurance Life Achievers Award Category, nominees are: Sir Ogala Osoka, Valentine Ojumah and Prof. Ahmed Salawudeen.
Ms Soares appealed to the general public and insurance industry stakeholders to visit the website: www.almondinsuranceindustryawards.com to cast their votes., adding that the voting for the awards start today.
The Almond Insurance Industry Awards Nite proper will hold on Friday 1st of November 2024, at the Queens Park Events Center, Lagos, where Winners will be announced in an evening of festivities.