Regency Alliance Insurance Plc has notified the Nigerian Stock Exchange that the Board of Directors at its meeting of 26 November 2015 approved the appointment of Mr. Clem Omeiza Baiye, Mr. Osayaba Matt Aikhionbare and Col. Isa Aminu Kontagora as Non-Executive Directors of the Company effective 01 January 2016.
Mr. Clem Omeiza Baiye is a media entrepreneur and human resource expert with significant banking and corporate experience. He studied at Ahmadu Bello University (ABU), Zaria where he obtained a degree in Political Science and at Warwick University (England) where he was awarded M.A. in International Political Economy.
Mr. Clem was an Assistant General Manager, Human Resources Management at the then NAL Merchant Bank from 1988 – 1991, founding Director and later, Chairman of Cornerstone Insurance Plc and also the founding Chief Executive of Anchor Properties and Trust Plc before he left to pursue other interests.
He is on the board of several companies, including; The Capital Consortium Limited, Security Swaps Limited and Partnership Trust Investment Limited. Baiye is also Chairman of the Editorial Board of New Age newspaper and the Chief Executive Verity Communications Limited, a bespoke publishing outfit and Verity Associates, a human capital outsourcing company.
Mr. Aikhionbare Osayaba Matt (OON) is a seasoned statesman with many years of service in various capacities. He studied at the University of Ilorin where he obtained a first degree and M.A in Linguistics. He served as Principal Aide to three Nigerian Presidents and was appointed by President Olusegun Obasanjo in 2006 as his Special Assistant for Policy & Programme Monitoring. He served as Secretary of the Government of Edo State (June 2000 – May 2003).
Aikhionbare was Chairman, Sub Committee on information Management and Community Relations, Presidential Security Committee on Niger Delta and Chairman Board of Directors, Edo Broadcasting Service (Radio & Television). He was also Chief Executive Officer, Lifestlye Limited a public relations consultancy and is currently a Member, Board of Regents, Benson Idahosa University, Benin.
In 2012, he was awarded National Honour of Officer of the Order of the Niger (OON) for his outstanding contributions to national development.
Col. Aminu Isa Kontagora: Aminu Isa Kontagora is a retired Colonel of the Nigerian Army and served as military Administrator of Kano and Benue States. He studied at the University of Abuja where he obtained a degree in Economics. Kontagora has held various Military and Administrative appointments including Battery Commander at Artillery Regiment level, Regiment Commander Air Defence Regiments, ADC/MA to General Officer Commanding, Commander orps of Artillery and Minister of Defence and Chairman Joint Chief of Staff. He was a member of Board of intercity Bank Plc. He is currently the Managing Director of Sight and Sound Communications Limited and is also Chairman Barmo Farm and Allied Products Limited, Mariga Development Trust Fund and Kuna Gaba Micro-Finance Bank.
Regency Alliance Insurance Plc stated that these appointments are awaiting approval of the National Insurance Commission (NAICOM)