Veritas Kapital Appoints Ex-Goldlink Insurance Chief as MD/CEO

By Dipo Olowookere

The immediate past Managing Director of Goldlink Insurance Plc, Mr Kenneth Edore Egbaran, has been appointed as the substantive MD/CEO of Veritas Kapital Assurance Plc.

The appointment of Mr Egbaran was approved by the National Insurance Commission (NAICOM) with effect from Friday, September 6, 2019.

Mr Egbaran is replacing Mr Polycarp Didam, who resigned from the position at Veritas Kapital, a statement from the insurer on Monday disclosed, adding that the new MD/CEO is expected to bring his wealth of experience in the various sectors of the insurance industry to bear in the firm.

Mr Egbaran is an insurance practitioner with over 30 years’ experience spanning reinsurance, underwriting and broking.

He started his career as a Senior Superintendent with the Nigeria Reinsurance Corporation. He was a Marketing Director at A&G Insurance, worked with Afribank Insurance Brokers, Mainstream Global Insurance Brokers Ltd. and also with Crusader Insurance Limited (now Custodian Insurance Plc).

He is an alumnus of the Lagos State University, where he obtained an MBA in 2008. He became an Associate of the Chartered insurance institute of Nigeria and London in 1986; and an Associate of chartered insurance brokers in 2004. He has at various times attended strategic, personnel and risk management courses both locally and internationally.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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