• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, August 13, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Tenure Limit: New MD, ED Emerge At Capital Express Assurance

by Zaka Khaliq
2 years ago
in Business
Capital Express
Share on WhatsAppShare on FacebookShare on XTelegram

Following the implementation of the 10-year tenure limit for managing directors/CEOs and executive directors of insurance firms nationwide, the former managing director and former deputy managing director of Capital Express Assurance Limited have paved way for new ones.

Advertisement

To this end, Mr. Mathew Ogwezhi has now assumed the position of acting managing director/CEO, following the exit of former MD/CEO, Mrs. Bola Odukale.

Similarly, Mr. Gbenga Owodunni assumed the position of acting deputy managing director/COO, even as the duo are undergoing approval processing by the National Insurance Commission (NAICOM).

The chairman of the board, Otunba Ademola Adenuga, after a recent board meeting disclosed that these developments align with NAICOM’s released circular on executive tenure limits.

The chairman expressed the board’s gratitude to the former MD/ CEO, Mrs. Bola Odukale, for her dedicated service, leadership, and contributions to the company’s enduring legacy and reminded the new appointees of the huge responsibilities before them which require that they retain and surpass the current achievements.

RELATED

Dangote’s 650,000bpd Refinery 97% Completed – NMDPRA

Fuel Consumption Drops 16% To 1.44bn Litres In June – NMDPRA

4 hours ago
First Time In 7 Months, Crude Production Output Drops To 1.26mbpd

Oil Prices Dip As Traders Await US Inventory Report

4 hours ago

He stressed that the new leadership must focus on growth and ensure profitability that would take into consideration the interest of all the stakeholders.

Ogwezhi is a seasoned professional with over twenty years’ experience in the insurance industry, with expertise in strategic partnership management, deal structuring, contract negotiations, channel development, marketing, and leadership.

His journey at Capital Express Assurance began in 2003, serving in roles such as Personal Assistant to the then managing director/CEO, head of Educational Institutions, and regional director of South-South/South-East and later, head of marketing, sales and distribution.

Otunba Ademola stated that, Ogwezhi’s ascent to the position of acting managing director/CEO signifies a momentous juncture for the company, acknowledging his over 20 years contributions to effective strategies and business direction. His invaluable contributions in conjunction with others has tremendously upscaled the company’s business.

Furthermore, Mr. Gbenga Owodunni, the new acting deputy managing director/COO, was elevated from his prior role as deputy general manager overseeing the Lagos Division where he was involved in budget planning, market penetration planning, and relationship management.

Mr. Owodunni, who joined Capital Express Assurance in 2004, brings a wealth of experience in technical operations, strategy, product and business development, marketing, and budget planning to the company’s operations. His strategic alignment with Mr. Ogwezhi will form a dynamic leadership duo poised to drive and deliver the company’s strategic objectives going forward.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Capital Express
SendShareTweetShare
Previous Post

Group Collaborate With AREWA24 To Educate Kids On Wildlife

Next Post

Oil Theft, Pipeline Vandalism: Minister Seeks Communities’ Support, Engages Monarchs

Zaka Khaliq

Zaka Khaliq

You May Like

Dangote’s 650,000bpd Refinery 97% Completed – NMDPRA
Business

Fuel Consumption Drops 16% To 1.44bn Litres In June – NMDPRA

2025/08/13
First Time In 7 Months, Crude Production Output Drops To 1.26mbpd
Business

Oil Prices Dip As Traders Await US Inventory Report

2025/08/13
Capital Express
Business

IFC Partners FCMB To Empower Nigerian Women Entrepreneurs

2025/08/13
Seplat Energy Appoints Ezugworie COO
Business

Seplat Energy Empowers Journalists With Media Entrepreneurship Skills

2025/08/13
MONEY MARKET: Assessing MPC’s Interest Rate Hike To Address Inflation
Business

Analysts See Inflation Easing To 21.34% As Harvest Season Begins

2025/08/13
Dangote Sugar Refinery: Sweet Performance On The Cards
Business

Sugar Devt Council Signs Deals To Increase Output By 400,000 Tonnes

2025/08/13
Leadership Conference advertisement

LATEST

5 Parties To Participate In Kogi By-election — INEC

Police Smash Car Theft Syndicate, Arrest 3 Suspects In Akwa Ibom

BBNaija10: ‘She Said I Lack Self-Control, But She’s Single Mum’, Victory Mocks Thelma

Uganda Arrests 7 Suspects Over Fake $70,000 Gold Deal With Ex-Nigerian Lawmaker

Air Canada Flight Attendants Issue 72-hour Strike Ultimatum Over Pay Deal

Davido Pays Tribute To Late Singer Sound Sultan

Night Travel, Overloading Fueling Boat Mishaps, Says Niger LG Chair

‘I Didn’t Benefit Anything From You,’ Peller Slams Lagos Gov’t Over N36m Tax Bill

Deji Of Akure Orders Closure Of Markets For Aheregbe Festival

Elon Musk, Altman Clash Over Apple’s App Store Rankings

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.