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Chuks Udo Okonta
NSIA Insurance Company Limited, has appointed Mrs Ebelechukwu Nwachukwu as its Managing Director/Chief Executive Officer.
Nwachukwu, who has since resumed, is expected to bring her wealth of experience on board in driving the affairs of the company, which according to data obtained from the Nigerian Insurers Association (NIA), has a gross premium income of N4.52 billion and shareholders’ funds of N9.65 billion.
The Delta State born, is a graduate of University of Benin, Edo State, She is an Alumni of London Business School (Executive Education); London; Alumni and The Columbia Business School, New York.
She started her insurance career at International Standard Insurance in 1994. She joined Standard Alliance insurance in 1996, playing both underwriting and marketing roles. She left the firm as Assistant General Manager (AGM) in 2004.
She joined HEIRS Insurance as Deputy General Manager, in June, 2004 as a Divisional Head, Retail and Channel Management with the task of running the Bancassurance Model with UBA Plc, developing multiple channels of distribution and managing the agency network.
In 2007, she joined Zenith Insurance and was promoted to the position of General Manager (GM) in 2008. She was confirmed Managing Director/Chief Executive Officer in January 2010.
She took Zenith Insurance to top three position in profitability in the insurance industry in Nigeria.
Nwachukwu, is a member of Chartered Insurance Institute of Nigeria (CIIN); Chartered Insurance Institute (CII) London; Institute of Directors (IoD); Vice Chairman, Sub Committee Publicity of the Insurers Committee; member of Ikoyi Club 1938; and a Chartered member of the Nigerian Institute of Management (NIM).