The Board of AIICO Insurance Plc has announced the appointment of Mr. Gbenga Ilori as Executive Director of the company.
The insurance firm disclosed this in a corporate action filed with the Nigerian Exchange and obtained by Nairametrics.
Here’s an excerpt from the official statement, which was signed by Company Secretary, Donald Kanu PhD:
- “We wish to notify the Nigerian Exchange Limited (NGX), our esteemed shareholders, and the investing public of the appointment of Mr Gbenga Ilori as an Executive Director of AIICO Insurance Plc (‘the Company’).
- The approval of the National Insurance Commission (NAICOM) has been obtained for his appointment.”
Brief profile of Mr. Gbenga Ilori
Gbenga is a seasoned professional with over 20 years of progressive work experience in areas that cut across Sales, Marketing, Operations, Customer Service, Strategy, and General Management.
He is a certified insurance practitioner with high financial acumen matched by a success-driven personality.
He joined AIICO Insurance Plc in November 2010 as the Group Head of Retail, to drive the retail businesses of both Life and General operations.
This he did successfully, overseeing a major re-organization of the agency network for the distribution of all retail products within AIICO.
He led his team to establish the annuity desk in AIICO and trained their agency network on annuity opportunities in the Pension Reform Act.
He was later appointed the Special Assistant to the Group Managing Director in April 2012. He and his team pioneered the Microinsurance Business in AIICO in 2014.
Gbenga left AIICO in 2020 to join Coronation Life Assurance Limited 2020 as the Executive Director of technical.
During his period at Coronation, he oversaw the agency distribution channel, supported the bancassurance initiative of the ecosystem, oversaw product development, technical operations, and the execution of the marketing strategy in the company.
Gbenga Ilori rejoined AIICO in 2022 to lead the Retail Business function and Agency Operations.