Veritas Kapital Assurance Plc appoints Oyindamola Unuigbe as an Executive Director.

Veritas Kapital Assurance Plc has announced the appointment of Mrs. Oyindamola Unuigbe into its Board as an Executive Director of the Company.

The appointment was disclosed by the firm in a notice dated 27th of September 2021, signed by its secretary, Saratu Umar Garba, and sent to the Nigerian Exchange Limited (NGX).

According to the disclosure, the appointment is subject to the final approval from the National Insurance Commision (NAICOM).

Oyindamola brings to bear over two decades of hands-on expertise in the insurance and financial services sectors. She combines experience in entrepreneurship, underwriting; reinsurance; portfolio management; product and business development; enterprise risk management and sales and marketing; acquired across leading international and local organizations.

She is responsible and oversees all operational aspects of the company necessary for business success and growth. In addition, she helps set strategic goals and is responsible for the flow of operations information to the chief executive and the board, while developing and executing new growth initiatives.

Prior to her appointment as an Executive Director at Veritas Kapital Assurance Plc, Oyindamola served as Head, Business Development, South wherein she was responsible for overseeing business procurement and total service delivery activities of branches in the Southern region of Nigeria.

She has over 27-years of relevant experience and have worked in key positions in reputable brands, including but not limited to; Accounts Manager with Brokerlink Inc.; one of Canada’s largest brokerage firms; Primerica Life Insurance Company, Alberta Canada; where she developed key competencies in the areas of processes and procedures that conform to the international practice of General and Life Insurance, Standards and Regulatory Compliance requirements.

She started her career at the Lagos office of SCIB insurance brokers and subsequently worked at Citi Trust insurance brokers and the Nigeria Reinsurance Corporation where she served as a senior manager.

Oyindamola holds a Bachelor’s degree from the University of Ife, Nigeria. She is an Associate of both the Chartered Insurance Institute of London (ACII) and Nigeria (ACIIN) and is a recipient of various prestigious international certifications encompassing general insurance, life insurance and professional risk management.

Wole Onasanya resigns as a Director from the Board of Veritas Kapital Assurance Plc.

The Board of Veritas Kapital Assurance Plc has announced the resignation of Mr Wole Onasanya as an Executive Director of the company.

This announcement was made in a notification issued by the Company Secretary, Saratu Umar Garba, as seen by Nairametrics.

According to the notice, the resignation of Mr Onasanya as an Executive Director (Finance and Investment) from the Board of Veritas Kapital Assurance Plc became effective on 31st of May, 2021. His resignation was considered and ratified during the 179th Board meeting of the company held on the 29th of April, 2021.

In this light, the Board and Management of the company wishes him all the best in his future endeavours.

About Mr Wole Onasanya

Wole Onasanya is an investment, finance and insurance executive with several years of experience. His areas of technical competence include; M&A, financing, strategic planning, corporate development and entrepreneurship.

Onasanya is a graduate of the prestigious University of Ibadan and Northwestern University (Kellogg School of Management), where he obtained a Bachelors’ degree in Economics and an MBA respectively. He was appointed into the Board of Veritas Kapital Assurance Plc as an Executive Director in October 2019.