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Axa Mansard Rejigs Board for Better Performance

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AXA Mansard Insurance

By Modupe Gbadeyanka

A slight change has been made to the composition of the board of Axa Mansard Insurance Plc, with Mr Tosin Runsewe resigning as an executive director effective January 31, 2020 to pursue his other ambitions.

A statement issued by the insurer said two new executive directors have been added to the board and they are Ms Rashidat Adebisi, who joined the firm in 2005, and Mr Tope Adeniyi, who joined the organisation in 2008.

Mr Runsewe, speaking of his exit from the company, stated that, “AXA Mansard has been a major part of my life for the past 16 years and I am very proud to have been a part of the success story thus far.

“As the company commences another strategic period over the next decade, it is the right time for me to step aside and begin other pursuits.

“I want to thank the Chairman, board and the entire AXA Mansard family for their contribution in making AXA Mansard a great organisation.

“Rashidat’s appointment as the Chief Client Officer is a great step forward for the company and our subsidiaries given her extensive experience in Finance, HR Management, Compliance, Technical and Distribution.

“Without a doubt, the new leadership along with the entire team will successfully implement our strategy and take advantage of the market opportunities ahead.”

In his remarks, Chairman of Axa Mansard said, “I want to thank Tosin for his service as Chief Client Officer and Group Executive. His unique expertise and perspective will be missed.

“On behalf of the entire board, I wish him the best in his new endeavours and welcome Rashidat and Tope to the board.

“We are excited about their ability to transform our company and empower our customers to live better lives while building on the strong culture and brand of the global AXA Group.”

Ms Adebisi is a graduate of Business Accounting, Associate Member of the Association of Chartered Accountants of Nigeria (ACA) as well as Associate of Chartered Insurance Institute, London.

She has experience in different areas of the financial services industry raging from Customer Service, Financial Advisory, Accounting to Audit Services with over 19 years of work experience.

She is currently the Head of Distribution where she has been responsible for the company’s delivery on its retail strategy. Prior to this, she was CFO for 6 years strengthening finance, HR and procurement.

In addition, she is well respected in the insurance industry being the past Chairperson of the Accounting Technical Committee of the Nigerian Insurers Association.

On his part, Mr Adeniyi is a graduate of Computer Science and an Associate Member of Chartered Insurance Institute, London. His career spans over 19 years from the information management sector, manufacturing to financial services. He currently heads the Health insurance business, which is the market leader in revenues and profitability.

Prior to this, Mr Adeniyi was responsible for AXA Mansard’s Operations and Technology where he was instrumental in the set-up of the enterprise architecture as well as the vast processing capabilities built for the retail business.

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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University of Ibadan Elects Prof Adebowale as 13th VC

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Prof Adebowale

By Adedapo Adesanya

Professor Kayode Adebowale has emerged as the 13th Vice-Chancellor of Nigeria’s premier university, the University of Ibadan, Oyo State.

This was disclosed by the Chairman of the institution’s Governing Council, Mr John Odigie-Oyegun, on Thursday at the Senate Chambers in Ibadan.

He said the Joint Council-Senate Selection Board interviewed the eight candidates shortlisted and the Professor of Chemistry, who until his appointment was the Deputy Vice-Chancellor (Administration), was preferred to head the 73-year-old university.

Mr Odigie-Oyegun said: “Two representatives of the Federal Character Commission (FCC) and the representatives of the Federal Ministry of Education were in attendance.

“At the end of the very thorough, transparent and highly competitive exercise, Prof. Kayode Oyebode Adebowale emerged as the best candidate for the position of Vice-Chancellor.

“The Governing Council, at its just-concluded meeting today considered the report of the Selection Board and approved the recommendation of the Board to appoint Professor Kayode Oyebode Adebowale as the next Vice-Chancellor of the University of Ibadan.”

Mr Odigie-Oyegun further said that the position of the VC became vacant on December 1, 2020.

In his acceptance speech, Prof Adebowale said that though, he was not the best among all the candidates, he was happy to have been appointed to the institution’s apex position and called for support from the entire university community for his administration.

The selection came almost a year after the process for the appointment of the 13th substantive vice-chancellor at the University of Ibadan was halted. Sixteen candidates had applied to lead the university.

However, the withdrawal of a former Dean, Faculty of Arts of the same institution, Professor Remi Raji-Oyelade, had reduced the number to 15.

Following a screening exercise by the Governing Council of the university, the number of contestants was pruned to eight on Wednesday.

Those who scaled through the screening on Wednesday included the Acting VC, Professor Adebola Ekanola, Professors Yinka Aderinto; Adebowale; Ademowo and Babatunde Salako.

The process of appointing the 13th vice-chancellor of the university began afresh under the newly appointed Chairman of the institution’s Governing Council.

This was due to various allegations of malpractices by various factions within the university community under the former VC, Professor Idowu Olayinka.

The new race, which commenced in the second week of July 2021, came after the decision on the cancellation of the initial process of the VC race by the new Governing Council of the University.

The initial UI VC race, which started in May 2020, ended on November 23 with the directive from the Federal Ministry of Education, through the Nigerian Universities Commission (NCC), due to various crises that marred the election of members of the Senate representatives.

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Senate Confirms Justice Baba-Yusuf as FCT Chief Judge

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Justice Baba-Yusuf

By Sodeinde Temidayo David

The Nigerian Senate has confirmed the nomination of Justice Hussein Baba-Yusuf as the Chief Judge of the Federal Capital Territory (FCT) High Court.

President Muhammadu Buhari had last week transmitted a letter to the upper chamber of the National Assembly for the confirmation of Justice Baba-Yusuf for the position.

Mr Buhari had explained in the letter that the nomination of the respected legal practitioner was in accordance with the provision of Section 256(1) of the Constitution of the Federal Republic of Nigerian 1999, as amended.

At the Senate, the nomination of the judge was considered and approved following the recommendations of its Committee on Judiciary, Human Rights and Legal Matters headed by Mr Opeyemi Bamidele.

While presenting his report on Tuesday, Mr Bamidele said the judge met all the requirements expected of him.

Mr Baba-Yusuf has been holding the position in an acting capacity since August and is now recognized as the chief judge following the approval.

The development followed the resignation of Mr Salisu Garba as the chief judge of the FCT high court.

The Chief Judge is the highest judicial officer in the state and acts as a chief administrative officer as well as a spokesperson for the judicial branch.

The Chief Judge presides over oral arguments before the court and also has significant agenda-setting power over the court’s meetings.

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FG to Deepen Job Creation in Green Economy

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Green Economy

By Ashemiriogwa Emmanuel

The Federal Government of Nigeria has drawn attention to the vast provision of job opportunities in the green economy of the country.

It considered the sector’s provision of creating environmentally-friendly jobs in areas such as construction, renewable energy, afforestation, and waste management, which includes e-waste.

The Minister for Labour and Employment, Mr Chris Ngige, who mentioned this at the opening of the 6th Meeting of the National Employment Council, noted that the opportunities presented, especially to youths, in this sector have not been explored enough.

Speaking on the theme Creating Environmental Friendly (Green) Jobs, the Minister, represented by the Director, Employment and Wages, Mr John Nyamale, noted that the government was committed to the large-scale installation of mini-grids and solar home systems.

He said this will be effective in a minimum of five million households not currently on the grid as part of the government’s post-COVID-19 economic recovery plan titled Bouncing Back.

The Minister, in a statement by the Deputy Director, Press and Public Relations in the ministry, Mr Charles Akpan, said that the council will discuss extensively the activities of the federal ministries of Power and Environment, in evolving strategies and innovative ideas to create decent jobs in the green economy.

“This council has the responsibility of following up on the implementation of this plan and making useful recommendations that can deepen job creation in the green economy,” he explained, urging participants to be aware of the presentations from the critical ministries.

Mr Ngige also disclosed that the council would be informed on the implementation of the afforestation program and Nigeria’s Sovereign Green Bonds by the Federal Ministry of Environment.

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