FG appoints Bulus Yakubu as Post-Master-General

By Favour Nnabugwu

 

 

The Federal Government has appointed Mr Bulus Yakubu as acting Post-Master General (PMG) and Chief Executive Officer of the Nigeria Postal Services (NIPOST).

This was contained in a statement issued by NIPOST Director, Corporate Communications, Mr. Franklyn Alao on Thursday in Abuja.who said theMinister of Communications and Digital Economy, Prof. Isa Pantami approved of the appointment

Until his appointment, Yakubu was the Secretary to NIPOST Governing board, Director (Special Duties) and also NIPOST Liaison Officer to the National Assembly.

Yakubu, who holds a Bachelor in Law Degree from Ahmadu Bello University, belongs to a number of professional bodies, notably the International Bar Association (IBA), Nigerian Bar Association (NBA)..
He is also a Fellow of the Institute of Corporate Administration of Nigeria and a Fellow of the Institute for Fraud Management and Control.

According to the statement, he joined the service of the Nigerian Postal Service in 1990 and has served in different capacities with a proven record of excellent performance.

Yakubu replaces Dr. Ismail Adewusi, who was appointed as NIPOST PMG in 2019.

Sanlam Group acquires FBNInsurance 100%, Sanlam Life Insurance Nigeria Limited

CAPTION:

L- Managing Director/Chief Executive Officer, Sanlam Life Insurance Nigeria Limited Tunde Mimiko Sanlam Pan Africa (SPA) Life Insurance Cluster CEO Robert Dommisse and Managing Director/Chief Executive Officer, Sanlam General Insurance Nigeria Limited, Bode Opadokun in Lagos after the rebranding of FBNInsurance to Sanlam Life Nigeria Limited

 

By Favour Nnabugwu

 

 

Sanlam, Africa’s largest non-banking financial services company, has them acquired FBN Insurance and FBNInsurance Life is now  Sanlam Life Insurance Nigeria Limited.

The acquisition give Sanlam Group 100 percent ownership of FBNInsurance

The move supports the Sanlam’s strategy to deliver excellent products and services to clients through direct contact with the Sanlam brand.

The rebrand further supports Sanlam’s efforts to enhance its presence across Africa as well as its ongoing investment in the continent.

The rebranding will apply to the life and general insurance businesses, Sanlam Life Insurance Nigeria Limited and Sanlam General Insurance Nigeria Limited, respectively.

FBN Insurance was started as a JV between Sanlam and FBN Holdings as a life insurer in 2011 and after a successful growth trajectory, expanded into general insurance by establishing FBN General Insurance in 2015.

FBNInsurance grown into a significant insurance player in the market with a strong management team and we look forward to continuing to deliver excellent financial services and value to our clients and stakeholders.

Sanlam Pan Africa (SPA) Life Insurance Cluster CEO Robert Dommisse highlighted Sanlam’s commitment to Nigeria, and the importance of West Africa market to Sanlam.

SPA is the division in Sanlam Emerging Markets, which encompasses Sanlam Group’s businesses in Africa and other emerging markets such as India and Malaysia.

“Nigeria has always been one of the most important markets for the Sanlam Group because the country is such a key economy on the African continent. It has always been imperative that Sanlam has a strong presence and operation in Nigeria.

“We have a good business in the Nigerian market, and we are going to continue invest and grow the operation. It is important for us that we do so under the Sanlam brand so that the existing and potential customers know that they will be getting the full support of the promises we make in the market.

“We’re very excited about the introduction of the Sanlam brand in Nigeria and we believe it’s a great moment in time for us to step forward to show our brand across an array of touch points and have our diverse stakeholders interact positively with the brand in the Nigeria market,” Dommisse said.

Robert Dommisse

 

Managing Director and Chief Executive Officer, Sanlam Life Insurance Nigeria Limited Tunde Mimiko said, “We look forward to the next exciting chapter of the business under the banner of the Sanlam brand which is committed to continuously promoting consumer access and inclusion in financial services across the African continent.“The introduction of the Sanlam brand is a milestone development for Nigeria. Through our innovative brand offering, we look forward to delivering services that empower generations of Nigerians to be financially secure, confident, and prosperous.”

Tunde Mimiko

Managing Director and Chief Executive Officer, Sanlam General Insurance Nigeria Limited, Bode Opadokun, said, “We have continually evolved our business and our products to add value to many lives. As we step into another exciting phase of our journey, we look forward to delivering services through the compelling brand of Africa’s leading non-banking financial services organization, Sanlam, both in the Nigerian market and West African region.”
Bode Opadokun