The National Insurance Commission (NAICOM), has approved the appointment of Mr. Lawal Mijinyawa, as the new Managing Director and Chief Executive Officer, of KBL Insurance Limited following the retirement of Mrs. Ukachi Orji.
The board had met in November 2023 after Mrs. Orji notified it of her intension to retire after over 25 years of service (and 10years as MD/CEO), considered and approved Orji’s retirement and resignation from her role as MD, with effect from January 1st, 2024.
Lawal Mijinyawa, (Chiroman Duguri), the new Chief Executive is an avid insurance practitioner, with over 25 years in the insurance industry at various insurance companies, in Nigeria. A sound technical underwriter and marketer, his experience spans from actuary, Oil and Gas, Marketing to management.
A hands-on insurance professional, his years in the industry, have seen him deeply involved in policy evaluation, pension administration, policy implementation, marketing and strategic policy formulation, product designs and business executions, while supervising various technical and marketing directorates.
Mijinyawa’s relevant contributions to the development of insurance in Nigeria is known in areas such as group life assurance, Public sector marketing, privatisation and commercialisation of public enterprises, as well as branch management, through various academic journals, publications, and presentations.
Mijinyawa holds a Bachelor of Science degree in mathematics, from the University of Jos, Nigeria, and a master’s degree in business administration from Abubakar Tafawa Balewa University, Bauchi.
He is an associate member of the Nigerian Institute of Management, the Nigerian Institute of Marketing, and the Chartered Insurance Institute of Nigeria (CIIN).
He served as a board member, representing Niger Insurance Plc on Montgomery Security Vaults Nigeria Limited Board. Subsequently, he joined the Board of KBL Insurance Limited, initially as a non-executive director, where he served for about 2 years before his current appointment as MD/CEO.
With a robust presence across Nigeria, KBL Insurance Limited is registered and approved by NAICOM.
As a fully recapitalised general insurance entity, the company is equipped to safeguard various assets. With about 30years experience of its existence, KBL Insurance Limited specialises in mitigating corporate and retail insurance risks for Small and Medium Scale Enterprises (SMEs).
Its coverage spans Motor Insurance, Computer All Risk, Fidelity Guarantee, Contractors All Risk, Marine Insurance, Fire and Special Perils, Group Personal Accident, Combined Fire & Burglary, Goods-in-Transit, Agric Insurance and more, resonating with a diverse clientele from both the public and private sectors.
In an industry where trust and responsiveness are paramount, KBL Insurance’s relentless dedication to its clients, its industry-altering innovations, and its drive to enhance economic growth through insurance, make it a standout player to be reckoned with, in the Nigeria’s underwriting space.