Board of Staco Insurance Plc has named Nike Nihinlola, the acting managing director of the company, following the demise of Wale Banmore, former managing director.
Until this appointment, Nihinlola was the executive director, Technical and Operations at STACO Insurance Plc
The appointment has been approved by the National Insurance Commission (NAICOM).
Nihinlola is an Insurance professional with almost thirty years of cognate experience in the Industry.
She is a Fellow of the Chartered Insurance Institute of Nigeria (FIIN) who demonstrates unprecedented leadership capacity in multifaceted dimensions as administrator, strategist, motivator and mentor.
Her cognate professional experience includes dedicated service in various Insurance firms such as Consolidated Hallmark Insurance, Great Nigeria Insurance, among others. She is currently the Executive Director (Technical and Operations) of STACO Insurance PLC
Nike Nihinlola holds a Bachelor of Arts (BA) degree from the prestigious University of Ibadan with a Master of Business Administration from Lagos State University.
She is a member of the MCPD Committee of the CIIN from 2024 until date and served as the Chairperson, Accident Offices Committee of the Nigerian Insurers Association (NIA) between 2014 and 2016.
She is the vice president of the Professional Insurance Ladies Association (PILA).