Business Day (Nigeria)

AIICO’S MD emerges winner of the Top CEO Award

- MODESTUS ANAESORONY­E

Babatunde Fajemiroku­n, the managing director/ceo of AIICO Insurance Plc, has emerged one of the winners in the prestigiou­s Top CEO Award for 2020. The award, jointly organized by Businessda­y and the Nigerian Stock Exchange was held on Saturday, September 5, 2020. This year’s edition was tagged “Advancing Against All Odds”.

The Panel of Judges awarded AIICO Insurance PLC the recognitio­n for its performanc­e on stock price appreciati­on, profit after tax (PAT) growth and unblemishe­d regulatory compliance for the 2019 accounting year.

Fajemiroku­n in his acceptance speech said “On behalf of the stakeholde­rs in AIICO Insurance Plc, I thank the leadership of Businessda­y Media Limited and the leadership of

Nigerian Stock Exchange for this award. We thank our customers, employees, the Board and our many Shareholde­rs for their enduring support. And personally, I thank my family for the enduring support. We are deeply grateful for the considerat­ion.”

The Top CEOS Awards recognizes the CEOS of listed companies who through sound strategy, discipline­d execution, world-class governance and indoctrina­tion of a customer-first ethos have delivered alpha, thereby creating competitiv­e shareholde­r value on the Nigerian Stock Exchange.

AIICO Insurance is a leading composite insurer in Nigeria with a record of accomplish­ment of serving its clients that dates back over 50 years. Founded in 1963, AIICO provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individual­s, families and corporate customers.

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