The Board of Directors of Capital Express Assurance Limited, a leading specialist life assurance company, has announced the appointment of Mr Mathew Ogwezhi as the Acting Managing Director/CEO, and Mr Gbenga Owodunni as Acting Deputy Managing Director/COO.
The appointees are undergoing approval process by the National Insurance Commission (NAICOM).
The chairman of the board, Otunba Ademola Adenuga, after a recent board meeting, disclosed these developments following the exit of the former MD/CEO, Mrs Bola Odukale.
This, the company said, aligns with NAICOM’s circular on executive tenure limits.
- Insecurity: Mutfwang pledges enabling environment for soldiers
- Zulum’s spokesman, Isa Gusau, buried in Abuja
The chairman expressed the board’s gratitude to the former MD/CEO for her dedicated service, leadership and contributions to the company’s enduring legacy and reminded the new appointees of the huge responsibilities before them which require that they retain and surpass the current achievements.
He stressed that the new leadership must focus on growth and ensure profitability that would take into consideration the interest of all the stakeholders.
Mr. Ogwezhi is a seasoned professional with over 20 years’ experience in the insurance industry, with expertise in strategic partnership management, deal structuring, contract negotiations, channel development, marketing and leadership.
Furthermore, Mr Gbenga Owodunni, the new Acting Deputy Managing Director/COO, was elevated from his prior role as deputy general manager overseeing the Lagos Division.
Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.
