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Chuks Udo Okonta
Anchor Insurance Company Limited has announced the appointment of Augustine Ebose as its Managing Director, following the confirmation by the National Insurance Commission (NAICOM).
A statement by the firm’s Brand and Corporate Communications Manager, Jamiu Osoba, said the Board of Directors had forwarded his name to NAICOM as the nominee for the position stemming from the last board meeting and a thorough selection process anchored on the company’s succession plan.
Before his new appointment as Managing Director, Ebose was the company’s Executive Director overseeing the business and marketing chains of the company.
Augustine started his working career with Erikana Nigeria Limited in 2000 to 2001 as a Marketing Officer engaged in the sales of the company’s products. Thereafter, he moved to Alliance & General Insurance Company Limited where he served in various capacities from 2001 to 2004 which he joined as an Executive and to rose to the position of Branch Manager due to his productive contributions to the growth of the company with his responsibilities covering clientele servicing, special risk marketing with emphasis on oil & gas, corporate and product development and general administration of the branch.
In 2004 he moved to Capital Express General Insurance Company Limited as a Manager to develop the Public Sector, Oil & Gas segment by identifying and developing strategies to deepen the Company’s market share.
He left the services of Capital Express in 2006 to start his business sojourn with Standard Alliance Insurance Company Plc from November 2006. Here, he garnered extensive experience and created a niche for himself in the market.
Augustine started as Deputy Manager/Group Head; Public Sector saddled with the responsibility of starting and developing the Public Sector Group to enviable level and identifying business opportunities for the company and was promoted to Manager Public Sector, Oil & Gas & Telecoms in 2007.
In the same year 2007, he was again upgraded to Principal Manager/Divisional Head, Public Sector, Energy and Technical due to his knack for success and achieving set targets with the added function of formulating corporate and product developments.
In 2008, he was elevated to Assistant General Manager/Divisional Head, Public Sector, Energy & Telecoms, and rose to the position of General Manager/Divisional Head, North & South-West regions overseeing Public Sector, Energy, technical and Emerging Markets as a result of his outstanding results and expansion of these portfolios.
He left the service of the company in December 2016 to join Anchor Insurance Company Limited as Executive Director, Business Development and Marketing.
Augustine is a graduate of Delta State University, Abraka and University of Ado -Ekiti, Ado-Ekiti where he obtained B.Sc (Economics) and MBA (Business Administration) respectively.
He is awaiting his formal graduation for a Doctorate Degree in Business Management from University of Liverpool, Liverpool, United Kingdom.
He is a member of several professional associations amongst which are Chartered Insurance Institute of Nigeria (CIIN), Chartered Institute of Stockbrokers (CIS);and has attended courses and seminars locally and overseas amongst which are Executive Management course at the Lagos Business School and ManagementCourse for CEOs at South African Academy of Learning, Pretoria. He is happily married with children.