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FBS Re Appoints Ganiyu Musa As New CEO, Ad Ajibade Becomes ED Technical

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NKECHI NAECHE-ESEZOBOR--FBS Re has announced the appointment of Ganiyu Musa as the new Managing Director/Chief Executive Officer, following the retirement of Fola Daniel.

Ganiyu brings his wealth of cognate experience and will introduce a fresh perspective to FBS Re.

With a proven track record of over several decades in the leadership of insurance, reinsurance, audit, and consulting institutions, he is poised to lead FBS Re to its next phase of innovation and market expansion.

The reinsurer noted that Ganiyu’s strategic vision aligns perfectly with FBS Re’s commitment to providing exceptional Reinsurance solutions to clients in Nigeria and across Africa.

The company also expresses its deepest gratitude to Fola Daniel, the company’s founding CEO, for his visionary leadership and dedication. Under his sterling stewardship, FBS Re earned a Gross Written Premium of over N33bn within only three years of operations.

It also announced the retirement of Steve Kyerematen as Chief Operating Officer and the promotion of Shola Ajibade as it’s new Executive Director (Technical).

Bala Zakariyau, Chairman of the Board of Directors, expressed the board’s appreciation to Daniel and Steve, and welcomed them to their new positions as non-executive directors.

The Board looks forward to their continued guidance to the company.

At the same time, he warmly welcomed Ganiyu Musa as the new Managing Director/Chief Executive Officer, and is confident that his experience and track record would propel FBS Re to greater heights.

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