FBNInsurance appoints chairman

Nigerian life insurer FBNInsurance has appointed Dr Femi Oyetunji as chairman.

Dr Oyetunji (pictured) spent 10 years as group managing director/CEO of Continental Reinsurance before his retirement in 2021.

He has also has served on the board of Crusader Sterling Pensions and Tangerine Life Insurance and acted as president of the Investment Advisers and Portfolio Managers [IAPM] and had a stint with Nigerian Insurance Association [NIA] as the vice-chairman. He has also worked at Nigerian insurers including, Crusader Insurance Nigeria as managing director/CEO and AIICO Insurance as general manager, life operations division. Before his appointment as managing Director/CEO of Continental Reinsurance, he was managing director/chief actuary of Alexander Forbes Consulting Actuaries Nigeria.

The firm has also announced the appointment of Alhaji Borodo as independent non-executive director. The former company secretary of FBN Holdings who oversaw the process of admitting FBN Holdings to the premium board of the Nigerian Stock Exchange in 2015, retired from FBN Holdings in October 2017 after 29 years with the group.

 

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