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Axa Mansard Appoints Ola-Israel as Chief Financial Officer

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AXA Mansard Insurance

By Modupe Gbadeyanka

As a result of her hard work and dedication to the company, Mrs Ngozi Ola-Israel has been appointed as the Chief Financial Officer (CFO) of Axa Mansard Insurance Plc.

This information was made known by the firm in a statement issued recently.

The appointment of Mrs Ola-Israel followed the promotion of the erstwhile occupier of the position, Mrs Rashidat Adebisi, as the company’s new Divisional Head in charge of Retail Business.

Before joining AXA Mansard Insurance Plc in 2014 as Head of the Financial Control Group, Mrs Ola-Israel spent seven years at PriceWaterHouseCoopers (PwC) as team lead on audit issues.

As the company’s Head of the Financial Group, Mrs Ola-Israel has been responsible for ensuring the accuracy of the accounting and control information held in and reported from the organisation’s accounting systems and supporting the Chief Financial Controller in developing and delivering the firm’s financial and business strategy.

She has also been instrumental to the significant improvements recorded over the last three years in all aspects of the Axa Mansard’s budgeting, forecasting and business planning as well as leading the production of the accounts and other reports as required by management and Board.

Mrs Ola-Israel holds a Bachelor of Science degree in Chemical Engineering from the University of Lagos. She is a Chartered Certified Accountant (ACCA) and a Certified National Accountant (CNA).

In the statement, the board and management of AXA Mansard Insurance Plc were said to have expressed confidence that the wealth of experience of Mrs Ola-Israel “will be a great value add to the company.”

Meanwhile, the appointment of Mrs Ola-Israel, according to Axa Mansard Insurance, has been communicated to the National Insurance Commission, the insurance sector regulator in Nigeria.

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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Jobs/Appointments

CSP Anietie Iniedu Replaces DCP Anthony Placid as Police Spokesman

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CSP Anietie Iniedu

By Aduragbemi Omiyale

The Nigeria Police Force (NPF) has a new spokesman: Mr Anietie Okokon Edem Iniedu, a Chief Superintendent of Police (CSP).

He is to replace Mr Anthony Okon Placid, a Deputy Commissioner of Police (DCP).

The change of guard was approved by the Inspector General of Police (IGP), Mr Tunji Disu.

In a statement on Friday, it was disclosed that the new Force Public Relations Officer of the police has extensive experience in public communication, operational policing, intelligence management, institutional accountability, and administration.

The IGP expressed confidence in his capacity to lead the Force Public Relations Department, noting that his experience and professional background will further enhance the agency’s strategic communication efforts and strengthen public engagement in support of ongoing policing reforms and operational successes.

A native of Etinan Local Government Area of Akwa Ibom State, he holds a Bachelor of Science (B.Sc.) degree in Pure Chemistry from the University of Uyo and has undergone several professional trainings in investigative interviewing, crime scene management, human rights-based policing, strategic communication, and intelligence analysis.

Prior to his appointment, he served as Head of the Complaint Response Unit (CRU), Force Headquarters, Abuja, where he coordinated public complaint management and championed initiatives aimed at strengthening transparency, accountability, and public trust in the Nigeria Police Force. He also previously served as Public Relations Officer of the Police College of Information Technology, Kobape, Ogun State, among several operational and administrative appointments across the country.

CSP Iniedu has held key positions including Operations Officer, Maisandari Division, Yobe State Command; Area Crime Officer, Umuahia Area Command, Abia State; Staff Officer, IGP Secretariat, Force Headquarters; Second-in-Command, 50 Police Mobile Force Squadron, Kubwa; and Officer-in-Charge of the Force Headquarters Situation Room, where he supervised the coordination and dissemination of crime and security information nationwide.

He can be reached via 08128526154, and X (Formerly Twitter): @cspiniedu.

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Tinubu Extends Customs CG Adeniyi Tenure by Six Months

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adewale adeniyi customs

By Modupe Gbadeyanka

The tenure of the Comptroller General of the Nigeria Customs Service, Mr Adewale Adeniyi, has been extended by six months.

This is the second time the tenure of Mr Adeniyi is being extended by President Bola Tinubu.

A statement on Friday night by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that the customs chief is getting extra time in office to enable him to consolidate the implementation of the National Single Window and ensure an orderly succession in the service.

The tenure of the first extension is expected to end on August 1, 2026, but with the fresh tenure elongation, Mr Adeniyi is scheduled to bow out of service in February 2027.

“During the transition period, Adeniyi, working with the Nigeria Customs Service (NCS) Board, will ensure the promotion of eligible officers to the rank of Comptroller of Customs and the compulsory retirement of officers who have attained 60 years of age or have served 35 years,” a part of the statement said.

Mr Adeniyi joined customs after graduating from Obafemi Awolowo University (OAU), Ile-Ife, Osun State, in the late 80s.

He rose through the ranks, becoming deputy comptroller in 2012, comptroller in 2017, assistant comptroller general in 2020, acting deputy comptroller-general in January 2023, before his appointment by President Tinubu in June 2023 as the Comptroller General.

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Tinubu Appoints ex-KGMP CEO Kunle Elebute as FRCN Head

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Kunle Elebute

By Adedapo Adesanya

President Bola Tinubu has appointed a former chief executive of KPMG Nigeria, Mr Kunle Elebute, as chairperson of the Governing Board of the Financial Reporting Council of Nigeria (FRCN).

The appointment was disclosed in a statement signed by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, on Thursday.

According to the statement, the appointment reinforces the federal government’s commitment to strengthening corporate governance, enhancing investor confidence, and deepening transparency and accountability within Nigeria’s financial reporting ecosystem.

The profile of the new FRC chair indicates that Mr Elebute is a distinguished Chartered Accountant and financial management consultant with over four decades of professional experience spanning Nigeria, West Africa, and global markets.

He previously served as Senior Partner of KPMG Nigeria, Chairman of KPMG West Africa, and Chairman of KPMG Africa. During his illustrious career, he also served on KPMG’s regional and global boards, including its Global Board Audit Committee.

Mr Elebute is widely respected for his expertise in audit, financial advisory, risk consulting, corporate governance, and strategic transformation.

“Mr Elebute’s appointment comes at a pivotal time as the FRCN advances key institutional priorities, including ongoing engagements under the UK-Nigeria Enhanced Trade and Investment Partnership and broader efforts to align Nigeria’s corporate reporting framework with international best practices.

“The Federal Government is confident that his wealth of experience, leadership, and governance expertise will further strengthen the Council’s mandate and support the Renewed Hope Agenda’s objective of building a more transparent, competitive, and investment-friendly economy,” the statement added.

FRCN has the mandate of setting and enforcing financial reporting, auditing, actuarial, valuation, and corporate governance standards in Nigeria.

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