Opadokun becomes new FBN General Insurance boss

By ABDUL-KHALIQ OLALEKAN

The former Managing Director of Nigeria Agricultural Insurance Corporation (NAIC).Mr. Olabode Opadokun, is now the new Managing Director/Chief Executive Officer of FBN General Insurance Limited.

The insurance firm, who confirmed his appointment at a media briefing to unveil the new helmsman in Lagos today, said he resumes duty with immediate effect after the National Insurance Commission (NAICOM) had earlier confirmed his appointment.

Opadokun is a consummate financial services professional with over 27 years’ experience spanning underwriting, risk assessment, operations and marketing in the insurance sector.

Opadokun started his professional career with Cornerstone Nigeria Plc. as one of its pioneer staff in 1991. He rose through the ranks at the company to the position of Manager before leaving to join the then newly-formed First Chartered Insurance Co. Ltd. as Assistant Vice President.

As a pioneer management staff at First Chartered, he was involved in formulating policies and strategies required to keep the new acquired company in business.

After two years, he joined Consolidated Risks Insurers Ltd. as Deputy General Manager (DGM), Operations, where he was responsible for the smooth running of both the technical and marketing departments of the company.

Following the successful consolidation of the company, he was promoted to the position of General Manager of the re-branded company, Consolidated Hallmark Insurance Ltd.  Prior to joining FBN General Insurance Ltd. as the MD/CEO, he was the MD/CEO of Nigeria Agricultural Insurance Corporation (NAIC). It is to his credit that the corporation’s loss position was overturned within the first year of his stewardship.

Mr. Opadokun holds a Master’s Degree in Business Administration (MBA) from the Delta State University, Abraka, Delta State and is an Associate of the Chartered Insurance Institute, UK. More so, he is an alumnus of the prestigious Lagos Business School, a Fellow of the Chartered Insurance Institute, Nigeria and a member of the Governing Council of the Chartered Insurance Institute of Nigeria (CIIN).