Date: Monday, May 9, 2016
In recognition of his exemplary exploits in Risk Management and a staunch commitment to the advancement of Risk awareness in Nigeria, the Managing Director and Chief Executive Officer of FBNInsurance Limited, Mr Val Ojumah, has been inducted as a Fellow of the Risk Managers Society of Nigeria (RIMSON).
At the induction, which was part of the society’s 2016 Risk Management Conference and Awards Ceremony recently held at the LCCI Conference and Exhibition Centre in Ikeja, Lagos, a total of fourteen experienced Risk Managers were inducted as fellows while fifty four others became Associates.
Reacting to the development, Ojumah thanked the Executives of RIMSON for the honour and promised to do more to uplift the ideals of the Society. “As a consummate financial services professional, this is a call to a higher service for me. Risk Management remains key in the business of insurance and as one involved in the day-to-day running of a major player in Nigeria’s insurance industry, FBNInsurance Limited, I cannot emphasize this enough. I thank the Board and Executives of RIMSON for finding me worthy of this honour,” he said.
Ojumah is a resourceful management executive with over 30 years’ experience in Risk Management, Insurance, Broking, Consultancy and Training within the Insurance Industry, Academics and Research. He holds a first degree in Insurance from the University of Lagos and an M.Sc. (Business) from the University of Wisconsin-Madison. He is also an Associate member of the Chartered Insurance Institutes both in Nigeria and the UK. Ojumah has been the Managing Director of FBNInsurance Limited since inception.
Others conferred with the Society’s fellowship include the Commissioner for Insurance, National Insurance Commission, Mohammmed Kari; former president of RIMSON, Mrs Efiom-Ekaha; and President of RIMSON, Jacob Adeosun.