Common Insurance coverage appoints new CEO

Common Insurance coverage Plc has introduced the appointment of Japhet Duru as its new Managing Director/Chief Govt Officer, efficient January 10, 2025.

In a press release filed by the Firm Secretary, Chinedu Onyilimba, on the Nigeria Alternate Restricted on Thursday, Duru, who joined the corporate final August as Govt Director, Technical Operations, has been serving because the performing MD/CEO since September 2024, following the departure of Benedict Ujoatuonu.

Duru shared his pleasure concerning the new position, stating, “I’m honoured by the belief positioned in me by the Board of Common Insurance coverage. I look ahead to steering the corporate in direction of larger heights whereas making certain that we proceed to satisfy the evolving wants of our shoppers and stakeholders.”

With over 30 years of business expertise, Duru has a number of superior levels, together with a PhD in Enterprise Administration and Finance. He’s a Fellow of the Chartered Insurance coverage Institute of Nigeria and has held management roles at prime insurance coverage corporations.

Common Insurance coverage Plc Chairman, John Oke, welcomed Duru’s appointment, emphasising, “Dr. Duru’s wealth of expertise and management expertise will undoubtedly drive the corporate’s continued development and success within the extremely aggressive insurance coverage sector.”

All rights reserved. This materials, and different digital content material on this web site, will not be reproduced, printed, broadcast, rewritten or redistributed in entire or partially with out prior categorical written permission from PidomNigeria.

Contact: [email protected]