Universal Insurance Plc appoints new Director 

Universal Insurance Plc has appointed Barr. Jasper Osita Nduagwuike to its Board as a Non-Executive Director. The insurance company made this disclosure in a notification to the investing public. 

Profile: Nduagwuike holds a Bachelor’s Degree in Law (LLB. Hons.) from the University of Nigeria, Enugu Campus and a Masters Degree in Law (LLM) from the Nnamdi Azikiwe University, Awka, majoring in Arbitration and Administrative Law. He was subsequently called to the Nigerian Bar after obtaining the Bachelor of Law Degree (B.L.) from the Nigerian Law School.

He is an Associate Member of the Chartered Insurance Institute of Nigeria (ACIIN); Member, Chartered Insurance Institute, London (MCII); Member, Association of Professional Bodies of Nigeria; Associate Member, Chartered Institute of Arbitrators, London; Member, Onitsha Chamber of Commerce, Industries, Mines and Agriculture.

[READ MORE: AIICO Insurance appoints new Executive Director]

He is also a Council Member, Enugu Chamber of Commerce, Industries, Mines and Agriculture as well as vice president in charge of the Chamber’s trade affairs. 

He started his career with the then African Alliance Insurance Company Limited (Now African Alliance insurance Plc.) as a field supervisor in 1984 and rose to become a District Superintendent in 1989.

He left the Company in 1990 to Stallion Assurance Company Limited, Enugu where he became the Pioneer Production Manager. He worked in several other companies within the industry in different capacities and was the pioneer Managing Director of Honesty Insurance Company Limited, a position he held from 1996 to 2003.

He is presently engaged in legal practice as the Principal Partner at Repsaj and Co., a law firm he co-founded with others in 2003. Mr Nduagwuike is also a public speaker and is married with children. 

Universal Insurance Plc was incorporated in 1961 by the then Eastern Nigeria Government; in partnership with Pearl Assurance Limited. Its shares closed at 50 kobo during yesterday’s trading on the NSE. 

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[READ ALSO: Takaful Insurance: Two other firms get NAICOM’s nod]

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