NAICOM approves new board members for Guinea Insurance Plc

Seated (L–R): Mrs. Chioma Okigbo (Non-Exe. Dir.); Mrs Bernice Izilen Okosun (Non-Exe. Dir.), Mr Temitope Borishade (Chairman, BoD); Mrs Ijeoma Pearl Okoro (Non-Exe. Dir.), and Mr Samuel Onukwue (Non-Exe. Dir.)

Standing (L–R): Mr. Ademola Abidogun (MD/CEO); Mrs Chinenye Nwankwo (Coy Sec.); Mrs Ogonna Offor-Orabueze (Exe. Dir., Technical), and Mr Pius Edobor (Exe. Dir. FmFinance & Corporate Services)

By Henry Uche

The National Insurance Commission (NAICOM) has approved new board members for Guinea Insurance Plc, with Temitope Borishade as chairman, alongside Bernice Izilen Okosun, Ijeoma Pearl Okoro, and Nkemakonam Chukwukaodinaka as non-executive directors.

A statement from Hanson Ufot, head of brand and corporate communications, confirmed the appointments followed a strategic board retreat on Thursday, May 15, and Friday, May 16, in Lagos, culminating in a formal board meeting on Saturday, May 17. The retreat fostered collaboration, knowledge exchange, and planning to strengthen leadership and governance for the company’s growth.

The new members join existing non-executive director Samuel Onukwue and independent non-executive director Chioma Okigbo, alongside executive directors Ademola Abidogun (MD/CEO), Pius Edobor (finance and corporate services), and Ogonna Offor-Orabueze (technical).

The two-day retreat focused on Guinea Insurance’s journey, highlighting operational progress, brand repositioning, and sustainable profitability. Senior management presented performance insights and reforms to position the company as a competitive player in Nigeria’s insurance sector.

Ademola Abidogun, MD/CEO, stated, “This retreat is a clear reflection of our resolve to entrench corporate excellence, deepen stakeholder confidence, and unlock strategic growth. The combination of continuity and fresh perspectives at the board level positions us uniquely to navigate the future with clarity and reinforce our renewed focus on profitability and long-term market competitiveness.”

He added, “Guinea Insurance remains committed to building a resilient, innovation-led, and trusted brand—exceeding expectations at every turn.”