REGIC re-organises, makes new executive appointment

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By Favour Nnabugwu


The Board of Royal Exchange General Insurance Company (REGIC) in the course of re-organing it’s stable, appointed thee new executive management staff to its leak.

They are Oyetunji Oshiyoye as Executive Director Business Development; Uyi Osagie as Chief Financial Officer and Alfred Tabiti as AGM/Head Retail & E-Business effective from January 2, 2022.

Oshiyoye with his extensive experience and knowledge of the insurance industry, will seek to drive the continuous growth and profitability of REGIC, while seeking new markets for the company as the head of Business Development. Osagie is charged with driving financial efficiency within REGIC and Tabiti as the Head of Retail will ensure REGIC becomes a major player in the retail insurance space within the next few years.

Furthermore, the company stated that these three appointments were done in order to ensure that REGIC continues to exploit the opportunities that abound in the general insurance space and ensure continued growth for the company, especially as it seeks to diversify its revenue streams.

Oshiyoye has over nineteen (19) years’ work experience garnered in the FMCG space before moving into the Insurance industry in Nigeria.

His forte includes sales management, business transformation and value chain optimization. Over the years, he has successfully developed and implemented cost effective business strategies which in-turn, increased company productivity and profits.

Oshiyoye joined Allianz Nigeria Insurance Plc in 2014, holding several positions including: Group Head Retail Channel Group, Chief Retail Sales and Marketing Officer, Chief Operations Officer and finally became the Chief Customer Officer in 2021.

He holds a bachelor’s degree in Geophysics from University of Lagos and an MBA (Leadership and Sustainability) from the University of Cumbria, UK.

While Osagie has over thirteen (13) years hand-on experience in Consulting, Financial Reporting, Business Strategy Formulation, Investment Management, Treasury Operations, Risk Management, Credit Control, as well as Budgetary Control and Audit Services. His career experience cuts across the Financial Sector including Insurance, Banking, Asset Management, Pension and Real Estate.

In 2015, Uyi joined Allianz Nigeria Insurance Plc from Axa Mansard as the Chief Financial Officer with responsibility for the financial management of the company, regulatory oversight, internal control and investment operations before leaving to join Heirs Insurance in 2021 as a Chief Financial Officer.

He holds a bachelor’s degree in Pharmacy from Obafemi Awolowo University, Ile-Ife. He is a Chartered Accountant, Associate member of the Chartered Institute of Taxation of Nigeria, Member of the Chartered Institute of Insurance of Nigeria (CIIN) and an Associate member of the Nigerian Institute of Safety Professionals.

Likewise, Tabiti has over thirteen (13) years’ work experience in Sales, Product Development, Channel Management, Recruitment, Training, and Partner Acquisition at various levels. Most of these years of cognate work experience were spent in the Insurance Industry.

He began his professional career with Equity Life Insurance Company Limited in 2006 and in 2008, he joined AXA-Mansard Insurance Plc, as a Senior Bancassurance Associate, rising to become a District Manager in 2013.

In 2015, he left AXA-Mansard to join Ensure Insurance Plc (Now Allianz Nigeria Insurance Plc) where he worked in different capacities as Head Bancassurance, Area Sales Manager, Head Retail Sales and Head Bancassurance Nigeria (Retail Distribution Channels). Later, he moved from Allianz Nigeria Insurance Plc to join Avon HMO in 2021 as a Business Manager responsible for sales, retention, and business growth of the company’s SME/Retail business portfolio.

He holds a bachelor’s degree from University of Ado-Ekiti and a host of other professional certifications.

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