Insurance World

NAICOM Approves Chidiebere Nwokeocha As ED Institutional Business for Cornerstone Insurance

The National Insurance Commission (NAICOM), the apex regulatory authority in Nigeria’s insurance market, has confirmed the appointment of Mr. Chidiebere Nwokeocha as the Executive Director, Institutional Business of Cornerstone Insurance Plc.

The confirmation was conveyed in a letter addressed to the Chairman of the Board of Directors of Cornerstone Insurance Plc, and signed by Mr. L.M. Akah, Director (Governance, Enforcement & Compliance) on behalf of the Commissioner for Insurance.

Chidiebere Nwokeocha has over twenty-eight years’ experience in the banking and finance and oil and gas sectors. His experience spans through executive, general and branch management; corporate, commercial and retail banking; structured credits; commercial lending; merger and acquisitions to strategic planning.

He has undergone several local and international trainings on leadership, finance, marketing and business management. These trainings include trainings at London Business School and Institute of Management Development (IMD), Lausanne, Switzerland. Due to his strong leadership and management skills, he has received several awards both in the finance and oil and gas sectors.

With his wealth of experience, Mr. Nwokeocha is providing the strategic leadership in the Institutional Business to ensure significant growth in the company’s market share and profitability.

He obtained his B.Eng. from the University of Nigeria, Nsukka, and his M.Eng. from the Ahmadu Bello University. He also holds an MBA from the ESUT Business School and is a fellow of the Institute of Chartered Accountants of Nigeria (ICAN), and a senior member of the Chartered Insurance Institute of Nigeria (CIIN).

Cornerstone Insurance Plc, incorporated on 26th July 1991 as a private limited liability company, became a Public Limited Liability company, quoted on the Nigerian Stock Exchange in 1997. Our organization was established to conduct Insurance business in a professional, ethical and customer-focused manner and has remained committed to these values over the years. The company is licensed and re-certified by the National Insurance Commission (NAICOM) to do both General and Life businesses.

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