BY NKECHI NAECHE—ESEZOBOR—NEM Insurance Plc has announced the appointments of Mounir Haliru Gwarzo as Independent Non-Executive Director and Ms Adejoke Teluwo as Non-Executive Director, effective October 2026.
The company disclosed this in a notice signed by Ifunanye Iwuagwu, Company Secretary, addressed to its investing public and NGX Limited.
The Board said it is confident that the newly appointed Directors will bring valuable experience, insight and depth of knowledge to its deliberations, further strengthening the Board’s collective expertise and effectiveness.
Mr Gwarzo brings over 30 years of experience across the regulatory sectors (NGX, the capital market and the Securities and Exchange Commission), banking, securities, and trade and commerce. He served as Executive Commissioner in charge of Operations and later became Director General of the Securities and Exchange Commission. While with the Federal Mortgage Bank of Nigeria, he served as General Manager and Regional Executive, overseeing the entire Northern Operations. He has also served on several committees.
His work experience dates back to 1988, when he worked with the Ministry of Trade and Commerce. He later worked with the Nigerian Exchange (1989 to 1991), the Securities and Exchange Commission (2000 to 2006), the Federal Mortgage Bank (2006 to 2009) and the Securities and Exchange Commission again (2013 to 2017). He is currently Chief Executive Officer of Prime Capital and Investment Limited.
He holds a Bachelor of Science degree from Bayero University Kano and a master’s in management and leadership from Robert Kennedy College, York St John University, United Kingdom. He is also a Fellow of the Chartered Institute of Stockbrokers of Nigeria.
Ms Teluwo holds an LLB from Coventry University and served as Compliance Lead at Exso Focus Group, London, UK, from 2016 to 2019. She is currently Founder and Managing Director of Kintsu, a commercially driven professional services and workspace enterprise that provides operational infrastructure and business solutions. She has over 15 years of experience across regulated and entrepreneurial environments, with legal training and expertise in governance, statutory interpretation, regulatory compliance, enterprise risk management and ethical leadership.
The Board looks forward to the contributions they will make towards the continued advancement of the Company’s strategic objectives and corporate governance standards.
