The Group Managing Director, West African Reinsurance Corporation (WAICA Re), Mr. Abiola Ekundayo, has been inducted as a Fellow of the West African Insurance Institute.
The investiture, which took place at the 2019 Graduation ceremony of the Institute in Banjul, Gambia, at the weekend, was in recognition of Mr. Ekundayo’s leadership role in growing WAICA Re to its present status as well as its contribution to insurance growth and development of insurance, especially, West African countries.
Ekundayo started his insurance career in 1984 with a brokerage firm and later moved to WAPIC Insurance Company Limited, before joining Globe Reinsurance Plc in December 1989. He was appointed Executive Director in 2000 and was later confirmed as the Deputy Managing Director in 2001. In 2007, he became the Managing Director/CEO of the company.
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His experience as insurance practitioner covers large areas of the profession including brokerage, marketing, underwriting, reinsurance, investment and risk management. He piloted the company to the Francophone countries in the West Coast thus making Globe Re the first Nigerian Reinsurance Company to do business with the Francophone world, being a bilingual Executive.
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