Rex Insurance Appoints New Executives On NAICOM’s Approval

Rex Insurance Limited (Rex) has announced the appointment of new executives following their approval by the insurance industry regulator, the National Insurance Commission (NAICOM).

To this end, Adesola Akintayo becomes the executive director, Technical; Abayomi Kayode as chief financial officer (CFO); Adeyinka Aderombi as chief Digital Information officer (CDIO); and Kazeem Sulaimon as the head, Underwriting.

Speaking on the new appointments, the chairman of the insurance company, Dr. Ike Chioke said: “These new appointments will play a pivotal role in driving the company’s strategic initiatives and fostering continued growth. With proven track records of success, they bring a wealth of experience and expertise to Rex Insurance.

Their extensive background in their relevant positions make them an invaluable asset to the organisation”.

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He added that, “they all have a strong reputation for innovative thinking, exceptional leadership, and a deep understanding of the industry landscape, and we are confident that their leadership will propel Rex Insurance to new heights and reinforce our position as an industry leader in the insurance landscape in Nigeria”.

Their strategic vision and ability to drive operational excellence will be instrumental in guiding Rex Insurance towards continued success and expansion.

Adesola, with her extensive experience and knowledge of the insurance industry, will drive continuous growth and profitability as the executive director of the Technical Department of Rex Insurance.

Abayomi is charged with a focus on ensuring the financial wellbeing of the organisation, optimising resources, and driving long-term profitability.

Adeyinka as the head of IT will lead technological advancements, ensuring that IT infrastructure supports business growth, operational efficiency, and innovation in Rex Insurance, and Kazeem as the Head of Underwriting, which is the core of our business will ensure Rex Insurance becomes a major player in the insurance space, with the goal of strengthening risk management practices.

Furthermore, the company stated that these four appointments were 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.

Adesola Akintayo, the executive director, Technical, is a result-driven insurance professional with close to three decades of experience in underwriting, reinsurance, Claims and risk management. She holds an HND, Statistics from The Polytechnic, Ibadan and a master’s degree in business administration (Marketing) from Ladoke Akintola University.

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.

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.