It’s tough for women climbing the corporate ladder–Babington-Ashaye, CIIN President

Funmi Babington-Ashaye Mrs. Funmi Babington-Ashaye is the President and Chairman of Council, Chartered Insurance Institute of Nigeria. She is also the Founder/Managing Director of Risk Analyst Insurance Brokers Limited. She talks about her 30-year career experience and lifestyle with JESUSEGUN ALAGBE In July 2017, you became the 48th president of the Chartered Insurance Institute of […]

‘Contributory pension scheme not under threat’

Suleiman ‘Contributory pension scheme not under threat’ In spite the recession and other economic maladies, the Managing Director, FUG Pensions Limited, Usman Suleiman, says the Contributory Pension Scheme (CPS) remains strong and will continue to give succour to retirees. Chuks Udo Okonta met him. 10 years of uninterrupted operations, how do you feel about it […]

Interview: Mohammed Kari

Kari What can be done to increase the level of awareness of insurance products in Nigeria? MOHAMMED KARI: The level of insurance awareness in the country has improved considerably over the years. What has been missing is a commensurate improvement in penetration, which has been challenged by socio-economic, religious and cultural factors. NAICOM is continuing […]

‘Pension Contributors now enjoy good returns on investment’

Having won two awards at the just concluded World Pension Summit-African Special, the Managing Director, Premium Pension Limited (PPL), Wilson Ideva, in this interview with Chuks Udo Okonta, spoke on this feat and where the pension industry will be in the next five years. Ideva Double awards like these come occasionally. What is your feeling […]

My vision is to create new insurance markets – Opadokun

Opadokun Determined to take insurance practice in the country to lofty heights, the Managing Director/Chief Executive Officer, FBN General Insurance Limited, Olabode Opadokun, in this interview with Chuks Udo Okonta, said he would leverage the enormous economic opportunities to widen insurance space. Now that a new MD has come on board, what new things are […]

‘Green fields’ of insurance growth

By Mark Anderson Africa’s insurance markets are expanding more slowly than other emerging regions’, but major groups are looking to enter new markets, which could speed things along. African insurers are still waiting for rising incomes to transform their bottom lines. The growth of insurance premiums in sub-Saharan Africa slowed to 4.2% last year, as […]

Consolidation is inevitable under risk-based supervision – Kari

Alhaji Mohammed Kari was, last year, announced by President Muhammadu Buhari, as the Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM). From then till now, he has embarked on series of initiatives aimed at deepening and repositioning the insurance sector for the better. In this interview with Chuks Udo Okonta, […]

PFAs are ready for 20m anticipated subscribers – Longe

The Contributory Pension Scheme (CPS) remains the best initiative the pension industry has ever had, as it is able to tackle corruption and also ensure better life for workers at retirement, a characteristic that was lacking in the old pension scheme. In this interview with Chuks Udo Okonta, the President, Pension Fund Operators Association of […]

Any insurance company in Nigeria worth its salt should pay claims – Akinboye

Akinboye What is your vision for Standard Alliance Insurance following your return to the insurance industry? Having worked in the insurance industry for thirteen years, I needed to take a break and reappraise my carrier. While away, I also tried one or two things and went back to school briefly to refresh myself, of […]

Voluntary pension contributions still very low – Oranye

Punch Susan Oranye is the Executive Secretary of Pension Fund Operators Association of Nigeria. She speaks about the challenges, achievements and future of Nigeria’s pension industry in this interview with SIMON EJEMBI How would you rate the Nigerian pension industry in comparison to other developing nations? Unfortunately, when it comes to the pensions Nigeria does […]
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