A former president of the Nigerian Council of Registered Insurance Brokers, Chief Babajide Olatunde-Agbeja has been elected as the Chairman of the African Insurance Brokers Association ( AIBA).
The election was held at the ongoing African Insurance Organisation’s Conference in Nairobi, Kenya today.
All the executives elected to steer the ship of the continental body for the next one year are: Chief Babajide Olatunde-Agbeja – Chairman, Mr. Shaibu Ali (Ghana) – Vice Chairman, Mrs. Ekeoma Ezeibe (Nigeria) – Secretary, Mr. Yombo Bammeke (Nigeria) – Treasurer, Mr. Nelson Omolo (Kenya) – Ex Officio, Mr. Shola Tinubu – Nigeria – Ex officio and Mr. Jean Baptiste Ntukamazina (AIO Secretary General) – Ex Officio.
Babajide Olatunde-Agbeja, the Chairman/CEO of Boff & Company Insurance Brokers Limited, is a fellow of the Nigerian Council of Registered Insurance Brokers.
He graduated from the University of Ife with a degree in Economics in 1980. He trained as an insurance Broker with Femi Johnson & Company and resigned as a Senior Manager after 10 years of dedicated service.
AlBA is the umbrella body for all practicing insurance and Reinsurance brokers in the African Continent and it is one of the most important organs of the African Insurance Organisation (AIO).
AIBA is one of the earliest bodies established by the African Insurance Organisation (AIO) for the facilitation, encouragement and promotion of insurance brokers in Africa.
The objectives of AIBA include the protection and promotion of the general welfare and interest of insurance brokers and insurance brokers associations in Africa.
The association was also established to encourage the exchange of insurance and reinsurance business between members, as well as to promote insurance education and exchange of business between members and other insurance markets.
AIBA is equally facilitating the exchange of technical information between members and other insurance markets, while still promoting insurance pools in the continent of Africa. AIBA is made up of members and associate members.
A member is either an insurance broker or consultant or insurance brokers/consultants association, domiciled within a member country of the AIO, registered with the AIO or whose principal business is insurance or related matters.