NAICOM Approves Inclusion of Nwuba to African Alliance Board

June 10, 2022
Alex Nwuba

By Dipo Olowookere

The National Insurance Commission (NAICOM) has approved the appointment of Mr Alex Nwuba to the board of African Alliance Insurance Plc.

A notice from the insurance company said Mr Nwuba is joining its board of directors as a non-executive director and he is expected to use his experience for the benefit of the organisation.

African Alliance specifically said Mr Nwuba’s “mix of talent, experiences and in particular, technology leadership will bring significant benefit to the company and the industry as it navigates an evolving and more technology-driven business landscape.”

He is joining the underwriter from a UAE-based private equity group where he was in charge of its African investment portfolio and advisory services, advising both corporate and government clients.

In 2018, he was appointed as the chief executive officer of the Africa arm of Palewater Advisory Group Incorporated, a multinational corporate finance and public affairs advisory firm with headquarters in New York, USA.

According to the disclosure, the appointee comes from an extensive corporate leadership background across multiple sectors including oil and gas, aviation, telecommunications, financial services, payment systems, and technology, serving on various intergovernmental technical committees and on the global boards of organizations such as the ATM Industry Association Worldwide (ATMIA), Smartcard Society of Nigeria (Founding Board), Nigerian Economic Development Forum (NEDF) and West African Payment Integration Committee WAMZ/WAMU (Technical sub-committee).

The new non-executive director holds a Doctorate degree in Business Administration from the Swiss School of Business and Management, Geneva and is a Fellow of the Institute of Professional Managers and Administrators of Nigeria (IPMAN) and the Institute for Travel Professionals of Nigeria (ITPN).

Dipo Olowookere

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 [email protected]

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