African Alliance Restructures, Make New Board Appointments

Yemisi Izuora

African Alliance Insurance PLC, has announced new appointments to its Board following approvals from the National Insurance Commission.

Accomplished Insurance sales expert and Risk Manager, Joyce Ojemudia was named the firm’s Managing Director/CEO with effect from 12 October 2020.

Ojemudia is an astute manager of resources with over twenty years of experience in Insurance sales, Business Development, Risk Management, Claims Administration and Reinsurance.

Throughout her glowing career, she has inspired various businesses and departments to profitability with her inclusive leadership style, grit and a clear sense of direction. An alumnus of the prestigious Lagos Business School (SMP 40) and the University of Lagos, Ojemudia is a Fellow of the National Institute of Marketing of Nigeria, an Associate of both the Chartered Insurance Institute of Nigeria and the Institute of Chartered Economists of Nigeria. She is the current President of Professional Insurance Ladies Association (PILA).

Other appointments are Macaulay Atasie, Emerging Markets Consultant and e-commerce solutions leader; Alhaji Abatcha Bulama, proven Financial Analyst and Banker; and Dr Adiele Ekechukwu, respected researcher and Management Consultant all of whom have joined the board either as a Non-Executive or Independent Director.

With over two decades’ experience across the fintech space, Atasie has offered strategy development services both to leading public and private sector organisations including regulators and is the Strategy Advisor to at least 2 states in Nigeria. A distinguished alumnus of the University of Nigeria, Nsukka, he is the current President of E-Payment Providers Association of Nigeria (EPPAN), an umbrella body of all e-Payments providers in the country.

On his part, Bulama has four decades of experience in Banking, Financial Advisory, Administrative Services and Accounting and currently sits on the boards of Ikeja Hotel PLC (Owners of Sheraton, Lagos), Tourist Company of Nigeria (Owners of Federal Palace Hotel, Lagos) and Capital Hotels PLC (Owners of Abuja Sheraton). He is an alumnus of the famous Ahmadu Bello University Zaria and holds an honorary doctorate in Management from the Commonwealth University, Belize.

Ekechukwu boasts almost four decades combined experience in consultancy and advisory, project management/ training and capacity development. He was one time Head, Monitoring and Evaluation, European Union, Nigeria. Under his watch, major European Development Fund (EDF) projects in Nigeria, valued at about 300 million European Currency Unit (ECU), were completed. He is an alumnus of the University of Ibadan and the University of Manchester Institute of Science and Technology (UMIST) UK.

Commenting on the appointments, Dr Anthony Okocha, Chairman of the Board, African Alliance Insurance PLC, said, “These appointments are clear strategic indication of the direction the Board is headed. In Joyce, we have a hands-on business development expert with excellent track record in driving business growth. Her exploits in the industry as a shrewd marketer and exemplary manager of men and resources makes her fit for African Alliance at this point in our corporate life,” Okocha said. He continued, “Macaulay, Adiele and Abatcha are men of distinction with unmatched experience in their various fields. They bring a rich repertoire of corporate exploits that will surely enrich our board. We are delighted to have them on board as we look forward to a successful tenure for all of them.”

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