Bayode
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Chuks Udo Okonta
The Managing Director, NICON Insurance Limited , Bayode Samuel is dead
Inspen gathered that he died early this morning in an Abuja Hospital. According to a source, he presented a paper at an event yesterday and was in his office until about 7:00 PM.
The source said he took ill when he got home and was taken to the Hospital, where he passed on at about 12 midnight.
He was confirmed Managing Director/Chief Executive Officer of NICON Insurance Plc in 2015.
Bayode Samuel was a Bachelors Degree Holder in Actuarial Science obtained from the University of Lagos. He is also an Associate of both the Chartered Insurance Institute of London (ACII) and the Insurance Institute of Nigeria (AIIN).
He started his insurance career in 1984 with Leadway Assurance Co. Limited, where he rose to become the Head of Pensions Department in 1992 before joining the Industrial and General Insurance Co. Limited, as a pioneer Head of Life and Pensions Division.
In 1993, he set up and became the Managing Director of First Universal Insurance Brokers, a subsidiary of Universal Trust Bank of Nigeria (UTB), a position he held before his appointment as the Chief Executive Officer of Jones Simplix & Co Ltd.
He was a renowned technocrat and insurance professional of over 30 years experience. He was until his new appointment, the Executive Director (Technical) of the Company. He was also the Chief Operating Officer (Branch Acquisition, Network and Operations) NICON. He was married with children.
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