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YAYALE AHMED, AFOLABI, AIGBINODE JOIN IGI BOARD
Published: 2014-11-26  Last modified: 2014-11-26 16:35:57

Shareholders of the Industrial And General Insurance Plc (IGI) have endorsed the appointment of three eminent Nigerians and professionals as members of the Board of Directors. They are: former Secretary to the Government of the Federation, Alhaji Yayale Ahmed, CFR, former Head of Service of the Federation, Prof. Oladapo Afolabi, CFR, and a banker, Mr. Kenneth Aigbinode.

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Their appointment was unanimously ratified at the company’s 21st annual general meeting held on Victoria Island, Lagos on Tuesday, 25 November 2014. They will fill vacancies created by the death of two founding directors, Pa Ola Vincent, CFR and Dr. Abdulateef Adegbite, CON.

 
The strengthening of the company’s board is part of the phased repositioning and strategic restructuring of the company initiated by the late Executive Vice Chairman and Founder, Mr. Remi Olowude, OON. The ongoing reform is aimed at engendering a more vibrant company that will pursue vigorously the late founder’s vision of a world class organisation. The goal is to set new standards for competition in product innovation, service delivery and best practice, while delivering great value to all stakeholders.

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