Standard Alliance names Omotayo Awodiya as new MD

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STANDARD Alliance Insurance Plc has appointed Omotayo Awodiya as its new Managing Director.

The news was broken at the company’s 22nd Annual General Meeting (AGM) in Lagos.

Awodiya is an Associate Member of Chartered Insurance Institute of Nigeria, Chartered Institute of Insurance Brokers and Fellow of the Institute of Corporate Administration.

He has over 30 years’ experience in the industry. He has worked at Executive Insurance Company Limited and Industrial and General Insurance Company Limited, among others.

Prior to his appointment, he was the Managing Director of Global Allianz Insurance Brokers Nigeria Limited.

“Coming to work for the company is like homecoming. I was with the company for more than 10 years before I left as a General Manager.

So, there is nothing unfamiliar to me about the company’s operations and her great team of professional staff,” Awodiya said.

He also assured that the Management and Directors are working assuredly to meet the recapitalization deadline as well as position the company’s operations for post recapitalization competition.

While appreciating the unwavering support of all stakeholders, he assured shareholders that they would soon get good returns on their investments as immense efforts are being made to improve the Company’s profitability.

Also, at the AGM Johnson Chukwu was re-elected as the Company’s Chairman and the appointments of Oduniyi Odusi-Executive Director; Agnes Umukoro -Non-Executive Director; Uzoma Igbonwa – Non- Executive Director and Uwais Haruna Mohammed- Independent Director, were approved.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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