Okunoren to Take over As NCRIB’s New President

Umbrella body of insurance brokers in Nigeria, the Nigerian Council of Registered Insurance Brokers (NCRIB) will on Thursday witness change of leadership as the incumbent president of the council Mr. Ayodapo Shoderu will hand over to a new president, Mr. Emmanuel Kayode Okunoren this week.

The event scheduled to hold at the Federal Palace Hotel and Suites, Victoria Island, Lagos will witness the ushering in of other top shots in the insurance brokerage profession to the executive body of the group to man the affairs of the group for the next two years.

A statement from NCRIB said subject to ratification at the council’s forth coming annual general meeting, Mr. Shola Tinubu is the Deputy President of the council while Mrs. Bola Onigbogi appears to be the only candidate for the post of Vice President.

According to the statement, Okunoren, the incoming president is a consummate insurance professional and a chip of the old bloc that is expected to provide dynamic and foresighted leadership for the insurance brokers’ body to allow it play more prominent roles in the insurance value chain in the country.

Born on  May 14th, 1951 in Sagamu, Ogun State, Okunoren attended Ansur-UD- Deen College Isolo, Lagos from 1964 to 1968 after, which he worked briefly with the Federal Office of Statistics, Ikoyi and later moved on to the Great Nigeria Insurance Company Limited, where he cut his teeth in the insurance industry. In order to gain higher professional competence for accelerated professional career.

Okunoren proceeded to the Unity Kingdom for his Chartered Insurance Institute for his qualifying examinations in 1973 and came out as a Chartered Insurer in 1976. During his foray in the UK, he had professional experience working with Cornhill Insurance Company Ltd. On return to Nigeria in 1976, Okunoren joined Hogg Robinson Nigeria and had extensive work career, rising through the cadre to the position of Deputy General Manager.

Having put in 16 years in the company,in 1990, he  left to join Koguna Babura Insurance Brokers Limited where he held sway as Managing Director for 12 years before pioneering Manny Insurance Brokers Ltd, which today stands as one of the most ethical and highly professional brokerage company in Nigera.


In terms of contributions to the Nigerian Council of Registered Insurance Brokers, Okunoren has been active in the Council since 1993 and later joined the officer cadre of the Council as Honourary Auditor;Honourary Treasurer and later Vice President and Deputy President, from where he ascends the  current position of President. He also served on strategic Committees of the Council, notably; the Technical Committee; the Joint Industry Committee; Election Screening Committee; The Reinsurance Committee and the Local Contents Committee. He is also an active personae on the Insurance Industry Consultative Council of the industry.

A lecturer and guest lecturer, Mr. Okunoren is a Fellow of the Insurance Institute of London by qualifying examinations as well as Fellow of the Chartered Insurance Institute of Nigeria and the Nigerian Council of Registered Insurance Brokers. He was a member of NCRIB delegation to the yearly business trips to the UK; USA; Australia, UAE and the Gambia.

Source: Thisday