AXA Mansard announces Director’s resignation.

Mr. Ohis Ohiwerei, an Independent   Non-Executive Director of AXA Mansard Insurance Plc, has resigned from the company’s board, effective from August 31, 2021.

This was announced via a notice signed by the company’s secretary, Omowunmi Mabel Adewusi, and made available on the website of the Nigerian Exchange Limited (NGX).

The Board seized the opportunity to express their appreciation to Mr. Ohiwerei for his leadership and overall contribution to Company’s growth during his tenure on the Board, an indication that his resignation was unanimously accepted and approved by the Board.

In addition, the company also stated that it is currently awaiting the approval of the regulators to announce his replacement.

About Mr. Ohis Ohiwerei

Mr. Ohis Ohiwerei was appointed into the Board of AXA Mansard Insurance Plc as Independent Non-Executive Director, since August, 2016. He also serves in the Board of other notable companies like Notore Chemical Industries Limited, and Orange One Finance Limited, among others.

He has over twenty three years’ experience in the banking industry, having worked in Guaranty Trust Holding Company (formerly GTBank), from 1992 till 1998. He then joined Ecobank Plc in 1998 as Country Treasurer for Nigeria and a member of the regional treasury audit team till 2000 when he joined Diamond Bank Plc.

He served as Chief Financial Officer of Diamond Bank Plc and became Executive Director (Corporate Banking) of Diamond Bank Plc from 2005 till his retirement in 2010. While at Diamond Bank, he also served as the Chief Financial Officer and (Non-Executive) Director of ADIC Insurance Limited.

Ohiwerei holds a Bachelors’ degree in Engineering and Masters in Business Administration (MBA) from the prestigious University of Benin.

What you should know:

  • AXA Mansard Insurance Plc was incorporated on the 23rd of June, 1989 as a private limited liability company and was issued a composite insurance licence by the National Insurance Commission (NAICOM) in March 2004.
  • The company is duly registered by the Securities and Exchange Commission of Nigeria (SEC) and functions as a multi-expert asset management company within the AXA Mansard Group.
  • AXA Mansard Plc closed trading today 14th of September, 2021 with a share price of 83 kobo.