Nigeria: Veritas Kapital Assurance Appoints New MD/CEO

13 September 2019

The Board of Directors of Veritas Kapital Assurance Plc has appointed Kenneth Edore Egbaran as substantive Managing Director and Chief Executive Officer of the company. Egbaran's appointment came after the resignation of Polycarp O. Didam.

In a statement sent to the Nigerian Stock Exchange (NSE), the company said the National Insurance Commission (NAICOM) approved Egbaran's appointment which took effect on September 6, 2019.

Kenneth Edore Egbaran is an insurance practitioner with over 30 years' experience spanning reinsurance, underwriting and insurance broking.

He started his career as a senior superintendent with the Nigeria Reinsurance Corporation. He was a marketing director at A&G Insurance. He also worked with Afribank Insurance Brokers, Mainstream Global Insurance Brokers Limited and Crusader Insurance Limited (now Custodian Insurance Plc).

Before his appointment at Veritas Kapital Assurance Plc, he served as the managing director of Goldlink Insurance Plc. He is an alumnus of the Lagos State University, where he obtained an MBA in 2008.

Egbaran became an associate of the Chartered Insurance Institute of Nigeria and London in 1986 and an associate of the Chartered Insurance Brokers in 2004.

He has at various times attended strategic, personnel and risk management courses both locally and internationally.

See What Everyone is Watching

More From: Daily Trust

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.