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Kokoricha Quits as Cornerstone Insurance Chairman Kokoricha Quits as Cornerstone Insurance Chairman

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Kokoricha Quits as Cornerstone Insurance Chairman

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Kokoricha Quits as Cornerstone Insurance Chairman

By Modupe Gbadeyanka

Mr Paul Kokoricha has resigned as Chairman of the Board of Directors of Cornerstone Insurance Plc, the company has disclosed.

In a recent statement, the insurance firm said this has led to the appointment of Mr Segun Adebanji as a Non-Executive and the new Chairman of the Board.

In the statement, Cornerstone Insurance thanked Mr Kokoricha “for his service and wishes him the best in his future endeavours.”

The firm said its new Chairman has had over 30 years working experience in blue chip companies and expressed hopes that he “would make significant contribution to the company in his new role.”

Prior to joining ACA in January 2011, where he is currently an Executive Partner, Mr Adebanji was the Executive Vice Chairman of Alvac Company Limited.

He is a Fellow of both the Chartered Association of Certified Accountants and the Institute of Chartered Accountants of Nigeria.

His working experience includes UAC and Unilever Plc London and South Africa.

Mr Adebanji served as Financial Director of Nigerian Breweries and later Managing Director, Heineken Ghana Breweries and Namibia Breweries.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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