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Two Insurance Mds Sacked, More To Go. - Business - Nairaland

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Two Insurance Mds Sacked, More To Go. by saintiyke(m): 8:31am On Sep 18, 2009
Lagos- Heads are rolling right now in the insurance industry over the findings of the national insurance commission (NAICOM) from its post recapitalisation inspection, as two chieftain are already out and more to go.                Board of director of various insurance firm are already taking the bull by their horns,thus advising the chiefs executives to resign, following the pressure from NAICOM based on the report of individual companies. The two chiefs executives already asked to resign by their board are Mr segun Balogun, MD  of AIICO general insurance plc . Vanguard can reveal that more heads are to roll going by the post-recapitalisation inspection by the commission in which unpalatable report are already frying to directors of insurance companies. ARE THESE ATTACKS ON THE MDs OF THE FINANCIAL INSTITUTIONS EVIDENCE THAT NIGERIA WILL SOON CHANGE ?

Saint iyke

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