Mr. Akinjide Orimolade, Managing Director/CEO, Stanbic IBTC Insurance Limited is the Keynote Speaker for the Business Journal Annual Lecture 2024 coming up on Thursday, November 26, 2024 at the Event Centre, Nigerian Exchange Group (NGX) Building, 2-4, Customs Street, Marina, Lagos.

The theme of the Lecture is: Repositioning the Insurance Industry to Drive Sustainable Economic Growth in Nigeria while the Panel Session will evaluate the impact of insurance on key sectors of the Nigerian economy such as local content development, aviation, telecoms, oil & gas, banking etc.

Mr. Olusegun Ayo Omosehin, the Commissioner for Insurance/CEO, National Insurance Commission (NAICOM) would be the Special Guest of Honour while Mr. Tope Smart, Group Chairman of NEM Insurance Group would Chair the event.

Mr. Akinjide Orimolade is a Chartered Insurer with a wide range of experience in Insurance marketing, general underwriting, and claims administration.

He has experience in diverse aspects of corporate operations including human resource management, administration, and business development. His career has spanned pioneering start-up insurance firms within the industry and successful transformation of organisations he has led.

Akinjide has mentored young people in the industry most of whom are now at the top of their careers. He is currently the Deputy President of the Chartered Insurance Institute of Nigeria (CIIN) and the Chairman of the Governing Board of College of Insurance and Financial Management (CIFM).

He has over 32 years’ experience in the insurance industry and has been very influential in setting up startup insurance companies.

Orimolade worked with Law Union & Rock Insurance Plc Group as Chief Executive until November 2018. Before his employment with Law Union & Rock Insurance, Akinjide worked with AIICO Insurance as Executive Director – Technical, Liberty Life as Regional Director – West Africa, Zenith Insurance as Chief Executive, Sovereign Trust Insurance as the Assistant General Manager (Apapa Area Office), Central Insurance Company as Unit Head – Marketing, Bullion Insurance Broker as Deputy Manager, Financial Assurance Company as Superintendent Officer.

Akinjide holds an MSc in Marketing from the University of Lagos, He also has a Bachelor of Science (B.Sc) in Insurance from the University of Lagos. Akinjide Orimolade is a fellow of the Chartered Insurance Institute of Nigeria (CIIN).

Commenting, the Publisher/Editor-in-Chief of Business Journal Media Group, Prince Cookey said:

“We are indeed honoured to have Mr. Akinjide Orimolade, Managing Director/CEO of Stanbic IBTC Insurance Limited as Keynote Speaker for the Business Journal Annual Lecture 2024.

A thoroughbred insurance professional, educator and mentor, he has meritoriously traversed the insurance industry landscape in Nigeria and Africa over a period of more than three decades. He remains a worthy inspiration and role model to current and future generation of insurance men and women in Nigeria and Africa. Our 2024 Annual Lecture is designed to draw critical attention to the expanding role and contribution of the insurance industry towards sustainable growth of the Nigerian economy. The second leg is equally to consider the industry’s impact on various key sectors of the economy.”

Cookey listed the objectives of the annual lecture to include showcasing contributions of the insurance sector in the past 10 years, evaluate the current state of the market, evaluate the current challenges hindering its further growth, evaluate the impact of insurance on key sectors of the economy, identify the emerging growth potential and opportunities and to project the future of the industry in the coming 10 years.

He stated that other guest speakers/panelists for the annual lecture would be unveiled in due course.

The Business Journal Publisher explained that the Business Journal Annual Lecture Series is the contribution of the Media Group to nation-building and critical support for the growth of the Nigerian economy.