Connect with us

Jobs/Appointments

Prudential Appoints Emmanuel Mokobi Aryee as CEO

Published

on

Emmanuel Mokobi Aryee

By Adedapo Adesanya 

Prudential Plc has announced the appointment of Mr Emmanuel Mokobi Aryee as the new Chief Executive Officer for Africa to oversee the operations of Prudential in its eight African markets.

The appointment seeks to centralise Prudential’s operations in Africa as well as strengthen and grow the business in markets where it currently operates.

In a statement, Mr Solmaz Altin, the Prudential Managing Director, Strategic Business Group, said he was pleased with Mr Aryee’s new role, noting that it will take effect on January 1, 2023.

“Africa is a strategic growth driver for our Group; building the talent and capacity to drive the next level of business growth is key and will foster greater efficiency and effective decision-making to help us deliver on our purpose of helping people in Africa get the most out of life by making healthcare and financial security more accessible and affordable,” Mr Solmaz added.

Currently, Mr Aryee is the Regional Chief Executive Officer for two regions: East & Central and West & Southern Africa.

The appointee is a well-known industry veteran with more than 29 years of experience in commercial leadership in Africa. His past experience includes turning around businesses on the African continent, moving Prudential to the number one market position in some of our countries, and gaining recognition as an innovative player. Over the years, he has nurtured employees and created room for talent to thrive.

Data from the Swiss Re Institute ranks the African continent as the second-fastest growing insurance market in the world after Latin America, with a total value of $68 billion. Yet, Africa has a large uninsured population, as reflected in the low insurance penetration levels currently at 2.8 per cent. This points to significant headroom for the expansion of the underwriting market, also given the population is expected to double to 2 billion by 2050.

To this end, Prudential noted that as a purely Asia and Africa-focused business, “we are investing in people and technology to build the capacity to serve more customers on the continent.”

Prudential serves over 1.7 million customers in Africa through a distribution network of more than 13,000 agents and 600 bank branches. After entering Ghana in 2013, the underwriter is now present in eight countries – Cameroon, Cote d’Ivoire, Ghana, Kenya, Togo, Uganda, Zambia and Nigeria.

“We are confident that the Africa business will continue to thrive under the stewardship of Mokobi,” the company noted.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

Jobs/Appointments

Senate to Screen Ahmad, Adamu as CBN Deputy Governors

Published

on

Aishah Ahmad

By Modupe Gbadeyanka

The Senate will screen the Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Financial System Stability, Mrs Aisha Ahmad, and her counterpart in charge of Corporate Services, Mr Edward Lametek Adamu, for a second term in office.

This followed their nominations for the positions by President Muhammadu Buhari in a letter sent to the Senate and read before the upper chamber of the National Assembly.

Mrs Ahmad was first nominated for the role by Mr Buhari in October 2017, while Mr Adamu was nominated in February 2018 by the President.

Mrs Ahmad is a Chartered Financial Analyst (CFA) charter-holder, and in her role, she has ensured a safe and sound financial system in Nigeria, a core mandate of the CBN.

With over 25 years of policy and financial industry experience, she holds an MSc in Finance & Management from Cranfield University UK, MBA (Finance) from the University of Lagos and a second-class upper Bachelor’s degree in Accounting from the University of Abuja.

She has been credited with bringing dynamism and a strong combination of academic qualifications and private-sector experience to her role as deputy governor of FSS.

On his part, Mr Adamu, a quantity surveyor by training, has a 25-year career culminating in his role as HR Director at the CBN.

He is a graduate of Ahmadu Bello University, Zaria Kaduna and a fellow of the Nigerian Institute of Quantity Surveyors and the Institute of Credit Administration. He began his career with the Unified Public Service in 1983.

Continue Reading

Jobs/Appointments

Sanwo-Olu Appoints Folasade Coker as Executive Secretary of LJLA

Published

on

Folasade Coker

By Adedapo Adesanya

The Governor of Lagos State, Mr Babajide Sanwo-Olu, has appointed Ms Folasade Coker as the Executive Secretary of the Lateef Jakande Leadership Academy (LJLA).

The initiative is a leadership and mentorship programme of the state government, with the vision to develop tomorrow’s leaders today for public service and governance in Africa.

According to a statement made available to Business Post, she was appointed based on her impressive track record and demonstrated successes on various leadership assignments.

Ms Coker has worked across numerous leadership roles in both the public and private sectors in a career spanning over 30 years to date.

She is the Visionaire and Chief Executive Officer of Coker & Castle Nigeria Ltd, a management consulting and coaching firm, which she co-founded with Derek Castle in 2003. She has a wealth of experience in delivering training on communication/interpersonal skills, team building, leadership and management, marketing and providing bespoke solutions.

Her role as the Executive Secretary of LJLA will include program planning and proactively monitoring its progress, and organisational and budget planning.

She will be responsible for administering the business affairs of the Leadership Academy.

Ms Coker will also be in charge of the total welfare of the fellows and to achieve their objectives of being part of the fellowship, and build an all-round leader mentally, emotionally and physically.

The objective is to support the LJLA vision to develop future leaders by equipping them with the requisite skills to positively influence public service and instil in them the ethics and values of purposeful leadership through direct mentorship and on-the-job training whilst ensuring the efficient management of the academy in all aspects.

Continue Reading

Jobs/Appointments

ICPC Busts Job Racketeering Syndicate in Sting Operation

Published

on

job racketeering syndicate

By Modupe Gbadeyanka

A job racketeering syndicate has been busted in a sting operation carried out by operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

In a statement issued on Monday, the agency said it was able to apprehend the prime suspect of the team, which specialises in defrauding unsuspecting job seekers through offers of non-existing employment.

According to the disclosure, four applicants were also arrested in the sting operation, which is part of an ongoing crackdown on employment syndicates by the commission in collaboration with the Office of the Head of Civil Service of the Federation (OHCSF) and intelligence arising therefrom regarding a replacement exercise in a federal government agency.

The statement noted that efforts are in place to find other suspects related to the case, as the arrested persons are being interviewed and are giving the commission useful information.

The syndicate’s mode of operation, according to the ICPC, is hoodwinking their victims into believing that they have a strong connection with the OHCSF and can use such influence to secure employment for them.

Continue Reading
%d bloggers like this: