FBN General Insurance appoints Opadokun MD/CEO



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Chuks Udo Okonta

FBN General Insurance Limited has announced the appointment of Olabode Opadokun as its Managing Director/Chief Executive Officer.

The firm in a statement said Opadokun is a consummate financial services professional with over 27 years’ experience spanning underwriting, risk assessment, operations and marketing in the insurance sector, was presented to the media at a well-attended press briefing held recently at the Company’s corporate head office in Lagos.

Opadokun started his professional career with Cornerstone Nigeria Plc as one of its pioneer staff in 1991. He rose through the ranks at Cornerstone Insurance to the position of Manager before leaving to join the then newly-formed First Chartered Insurance Co. Limited as Assistant Vice President. As a pioneer management staff at First Chartered, he was involved in formulating policies and strategies required to keep the new acquired company in business. After two years, he joined Consolidated Risks Insurers Limited as DGM Operations where he was responsible for the smooth running of both the technical and marketing departments of the Company. Following the successful consolidation of the Company, he was promoted to the position of General Manager of the re-branded Company, Consolidated Hallmark Insurance Ltd. Prior to joining FBN General Insurance Ltd. as the MD/CEO, he was the MD/CEO of Nigeria Agricultural Insurance Corporation (NAIC). It is to his credit that the Corporation’s loss position was overturned within the first year of his stewardship.

He holds a Master’s Degree in Business Administration (MBA) from the Delta State University, Abraka, Delta State and is an Associate of the Chartered Insurance Institute, UK. More so, He is an alumnus of the prestigious Lagos Business School, a Fellow of the Chartered Insurance Institute, Nigeria and a member of the Governing Council of the Chartered Insurance Institute of Nigeria (CIIN).
Bode Opadokun’s appointment as Managing Director/CEO takes effect immediately.

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