Anchor Insurance appoints Nsimah as acting managing director


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Chuks Udo Okonta

Anchor Insurance Company Limited has announced the appointment of Nsimah Jeremiah as the Acting Managing Director/ Chief Executive Officer with effect from December 15, 2017.

This was contained in the press release by Head, Brand and Corporate Communications of the Company, Jamiu Osoba, according to him, “During the Board Meeting of Anchor Insurance Limited held on the 15th December, 2017 and in line with the approved Succession Plan of the company, the Board has appointed the Executive Director, Technical; Mr. Nsimah Jeremiah as the Acting Managing Director and Chief Executive Office of the company.”

He noted that the appointment, follows the retirement of the former Managing Director of the company, Mayowa Adeduro who had meritoriously served the company as Managing Director for the maximum 10 years and in compliance with the code of corporate governance directives of the National Insurance Commission (NAICOM).

Prior to his appointment as the Acting Managing Director, Nsimah Jeremiah, was the Executive Director; Technical of the company. He holds a Masters Degree in Business Administration from Ambrose Alli University and a Postgraduate Diploma (PGD) from the Nigeria Institute of Journalism, Lagos.

Nsimah is also a Fellow of the Chartered Insurance Institute of Nigeria (FCIIN), Fellow of the Institute of Credit Administration and Associate Member of Nigeria Institute of Management (Chartered).

He started his Insurance career with Manilla Insurance Company Limited in Calabar, Cross River State and later joined Nigeria Reinsurance Corporation in 1990; and worked in various technical departments for over 17 years including management of WAICA Reinsurance Pool.

While in Nigeria Reinsurance Corporation, he was extensively exposed to the rudiments of global Insurance and Reinsurance practice including Africa, Asia and Middle East.

Jeremiah has presented several papers and he is a resource person for the development of Insurance professionals in Nigeria.

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