Yemisi Izuora
Rex Insurance Limited (Rex),has made four new executive appointments to solidify the growth.
The insurance company is licensed by the National Insurance Commission (NAICOM) to offer the full range of general and special risks insurance products, with a vision of being the “Preferred Nigerian Insurance Company”.
The firm has a strategic direction within the next 5 years to focus on growth and profitability with the aim of growing the company’s gross premium written and be amongst the Top-3 general insurance companies in the market.
The four appointments were thus done to ensure that Rex Insurance continues to exploit the opportunities that abound in the general insurance space and ensure continued growth for the company, especially as it seeks to focus on technical competence, financial growth, and become a digital insurance company, offering efficient and seamless services to its clientele.
The new appointees are ADESOLA AKINTAYO – Executive Director, Technical.
Adesola Akintayo is the Executive Director, Technical, Rex Insurance Limited. She is a result-driven insurance professional with close to three decades of experience in underwriting, reinsurance, Claims and risk management.
Adesola started her insurance career with Royal Exchange Assurance Nigeria, (as the company was known then) in the Statistics Department, rising to become the Unit Head. She was later appointed the Head, Statistics & Reinsurance in the company.
She was also the Head, Statistics and Risk Management and was promoted Senior Manager/Head, Underwriting and Reinsurance Plc and then elevated to an Assistant General Manager, Technical Operations. She was moved up to the position of Deputy General Manager/Head, Underwriting/Reinsurance, Acting Head, Technical until her elevation and confirmation as the Executive Director, Technical (ED, Technical) at Rex Insurance Limited.
She holds an HND, Statistics from The Polytechnic, Ibadan and a master’s degree in business administration (Marketing) from Ladoke Akintola University. Mrs. Akintayo is an Associate of the Chartered Insurance Institute of Nigeria (ACII).
ABAYOMI KAYODE – Chief Financial Officer (CFO). Abayomi Kayode is the Chief Finance Officer (CFO) of Rex Insurance Limited. Prior to joining Rex Insurance, he was the CFO in 2 other insurance companies and was previously the head of Finance at a Life Insurance firm in Nigeria, where he also held other positions such as Head, Performance Management and later, Head, Premium Administration.
His previous experiences have given him the opportunity to set up the Finance and Investment processes, procedure and systems from the scratch and he has gained insights in strategy formulation and implementation as well.
He has over two decades experience in various Finance roles and vastly experienced with proven track record in financial management, financial and regulatory reporting, management accounting, mergers and acquisition, business process automation, compliance and capital management, and budgeting and strategy formulation as well as strategic leadership.
A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Abayomi is also an Associate of the Chartered Institute of Taxation of Nigeria (CITN) and holds an MBA in Financial Management from Ladoke Akintola University of Technology Ogbomoso and an HND from Ondo State Polytechnic.
ADEYINKA ADEROMBI – Chief Digital Information Officer (CDIO). Mr. Adeyinka Aderombi is the Chief Digital Information Officer of Rex Insurance Limited and is an Information Technology leader with over 20 years’ experience in Information Technology and Digital Innovation, Transformation and Business.
Prior to joining Rex Insurance Limited, he was the Head of Digital Transformation at a composite insurance firm and has a varied work experience, with Liberty Holding Nigeria as Head, Business Solutions and IT infrastructure; Konga Online Shopping as Vice President, Product Management; General Electric International Operations Nigeria – Africa IT Infrastructure leader and Airtel Nigeria as IT applications and Billing Architect; among others.
Adeyinka holds a bachelor’s degree in computer engineering from Obafemi Awolowo University and an Executive MBA from Quantic School of Business and Technology. He also has a Certification in Digital Transformation from INSEAD, a master’s degree in Entrepreneurship and Innovation from the Rome Business School and a Post Graduate diploma in Artificial Intelligence and Machine Learning from the University of Austin, Texas
KAZEEM SULAIMON – Head, Underwriting. Kazeem Sulaimon is the Head, Underwriting, Rex Insurance Limited. He’s a Seasoned Insurance Professional with close to 2 decades of experience in Insurance Underwriting across various general insurance firms in Nigeria.
Kazeem’s career path has seen him traverse three (3) other general insurance firms where he cut his teeth in technical operations and underwriting. A multiple award winner, Kazeem has been recognized as the Most Disciplined Staff – 2007, Best Operations Staff – 2009, Most Customer Oriented Staff – 2020 and his Underwriting Team also won the Best Team of the year in 2022.
He joined Rex Insurance Limited in May 2023 as a Senior Manager (Underwriting) where he has also won Rex Insurance Customer Experience Champion (2024) and the Best Team Player of the Year 2024.
Kazeem Sulaimon holds a bachelor’s degree in business administration and master’s degree in risk management, both from the University of Lagos. He’s an Associate of both the Chartered Insurance Institute of Nigeria (ACII) and the Risk Management Association of Nigeria (RIMAN).