International Energy Insurance Plc (the Company) wishes to notify that the National Insurance Commission (NAICOM) has given its No Objection to the appointment of Mr Olasupo Oladeinde Sogelola as the Managing Director/Chief Executive Officer (MD/CEO) of International Energy Insurance Plc with effect from January 18, 2023.

Mr Olasupo Oladeinde Sogelola is an accomplished chartered Insurer, Risk Analyst, Administrator, and Management Consultant equipped with a well-recognized track record in Executive Board roles and Management skills with over two and half decades of versatile and trusted experience in the Insurance Industry.

He holds a B.Sc(Hons) in Zoology from the University of Ibadan, Ibadan, Oyo State, Nigeria; Masters in Business Administration (MBA) from the Lagos State University, Lagos, Nigeria, an Associate of the Chartered Insurance Institute of Nigeria, with certification in leadership from Florida Southern College, Lakeland, Florida, USA. He is an Alumnus of the Prestigious Lagos Business school.(Advanced Management Programme)

He started his career in Guinea Insurance plc, and later joined Globe Reinsurance Plc, Lagos 1n 1995 where he rose through the ranks from Senior Executive Officer to Assistant General Manager (Operations) with oversight responsibility in technical underwriting and marketing achieving significant fit in revenue drive, he was a pioneer Management staff of FBN Insurance(Now Sanlam Life Nigeria) in 2010 leading the Corporate Sales Division successfully for seven years. Prior to his appointment as MD/CEO of International Energy "Insurance Plc, he was an Executive Director, Technical & Operations, at Tangerine General insurance Ltd (Formerly Law Union & Rock Plc), where he had many significant achievements in revenue growth, Products and New Channels developments and positive underwriting results consecutively for five years.

Mr Olasupo Oladeinde Sogelola whose pastime includes reading and travelling is married with children.

Commenting on the appointment, the Group Managing Director of Norrenberger Financial Services Group (Mr. Anthony Edeh) welcomed Olasupo Oladeinde Sogelola, stating that his experience, culture, and desire makes him a great fit for International Energy Insurance Plc.

In July 2022 Norrenberger Advisory Partners Limited, an industry-leading integrated Financial Services Group that provides a comprehensive range of financial solutions to individuals and institutions, took over the operations of the company after it obtained the approval of NAICOM to acquire 100% equity of the company hence making it a new dawn in the insurance industry.