Ilori Retires as Axa Mansard Insurance CEO

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By Modupe Gbadeyanka

The management of Axa Mansard Insurance Plc has disclosed that Mrs Yetunde Ilori would be retiring as the Chief Executive Officer (CEO) of the company from July 17, 2017.

A statement issued by the firm stated that Mr Kunle Ahmed, an Executive Director –Technical, has been nominated by the board of directors of the company to replace Mrs Ilori subject to regulatory approval from the National Insurance Commission.

“The Board and Management of AXA Mansard Insurance Plc are confident that his wealth of experience would benefit not only the Company but the industry as a whole,” the statement, signed by Mrs Omowunmi Adewusi, the Company Secretary, said.

Mr Ahmed became an Executive Director on the Board of the company in February 2012 and currently serves as a Member of the Board’s Risk and Technical Committee. He is also a Non-Executive Director of AXA Mansard Health Limited, a subsidiary of the firm.

He is said to be widely respected as a leader in the Nigerian Insurance Industry and is also a resource person who has been involved in delivering papers on different topics at different fora.

He is a thorough professional with over 24 years insurance experience after graduating from the University of Ilorin in 1987. He commenced his insurance career in 1993 and worked in IGI Insurance Plc for a decade before joining AXA Mansard Insurance Plc in February 2004.

At AXA Mansard, Mr Ahmed pioneered the Energy Group and the Regional Office in Port Harcourt. He has been responsible for the Technical Division for the last couple of years.

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