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Sunday, 12 February 2017

NAICOM reverses self on Linkage Assurance’s MD

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By Favour Nnabugwu

OVER a month after rejection of his application for approval as the Managing Director of Linkage Assurance Company Limited, the National Insurance Commission (NAICOM) has okayed Mr. Pius Apere as the substantive managing director of the insurance company.

NAICOM had on January 4, 2017 turned down the approval of Apere, but the Commission’s letter dated 3rd February, 2017, signed by Mr. Pius Agbola, Director, (Authorization and Policy) for the Commissioner of Insurance and addressed to Chairman Board of Directors, Linkage Assurance Plc reads in part

“Having reviewed your application, the supporting documents presented, and the interaction had with the Commission.

The letter further stated: “The Commission is pleased to convey approval for appointment of Dr. Pius Apere as the managing director/Chief Executive officer of Linkage Assurance Plc.”  Apere was appointed acting managing director on January 1, 2017 following the exit of former managing director of the company.

The post NAICOM reverses self on Linkage Assurance’s MD appeared first on Vanguard News.

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