From left: Chinyere Elue, Head, Business Development, Lagos Mainland, FBNGI; Bode Opadokun, MD/CEO, FBNGI; Olumide Ibidapo, Head, Technical and Branch Operations, FBNGI; Shola Osho, Head, Business Development, Lagos Island, FBNGI at the Media Parley held to announce the appointment of the new MD/CEO of FBN General Insurance.
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Chuks Udo Okonta
FBN General Insurance Limited, a subsidiary of FBN Holdings Company said it hopes to deepen its operations through massive engagement in retail operations.
Its newly appointed Managing Director and Chief Executive Officer Bode Opadokun, disclosed this today at a press parley in Lagos, adding that the firm will leverage retail operations to increase its market share, income and penetration.
“We want to see how we can drive our operations in such a way that it will impact our market size and the industry in general. Despite the huge population, the industry contributions to Gross Domestic Product (GDP) is still very low and one of the ways we can develop the insurance market is the creation of new market,” he said.
He noted that the firm will engage services of the agents; information communication technology, association and groups to sell its products to people, especially those at grassroots.
Opadokun maintained that he plans to reposition and rebrand the company in such a way, it will stand the test of time in terms of productivity, staff welfare, customer relation and profitability.
He said the company will match research with communications to ensure the arrays of products in its kitty are known and appreciated by the public, stressing that the firm will regularly evolve products that meet the need of the public.
He noted that the firm’s half year financial performance far exceed what it recorded within the period last year, adding that though insurance is a hard sell in the country, the firm will continue to make giant strides through innovations and improved service delivery.
