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- Aiico Insurance has announced the appointment of Babatunde Fajemirokun as Executive Director of the company.
- He was, until his recent appointment, according to a statement, the Chief Operating Officer (COO) of the company.
- Fajemirokun is responsible for AIICO’s operations; the Group function that plans, coordinates and controls the resources needed to produce the company’s products and serve her clients.
- He is equally responsible for helping AIICO and its business units to understand the competitive landscape and the markets they operate while developing and implementing sustainable plans for long-term growth and shareholder value creation.
- His service with the firm dates back to May, 2009, when he joined as Chief Information Officer (CIO). During this period, he executed value-enhancing projects, first by leading the transformation programme to automate and modernise operations and secondly to increase productivity (reduce cost per policy) in the selling of insurance products and services.
- Prior to AIICO, he worked in Accenture (Lagos) and then Capgemini Consulting (UK). In both companies, he provided consulting/advisory services to financial services and government clients predominantly in mergers and acquisitions and then UK government transformation programmes.
- Source: NAN
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