Olowude, Insurance Guru Is Dead

Remi Olowude, executive vice chairman, Industry and General Insurance (IGI) Plc is dead at the age of 63.

Steve Ilo, senior manager, Corporate Communications, IGI, who confirmed his death, said an official statement would be released today..

Olowude, a staunch supporter of football in Nigeria died in a hospital in the United State of America on Saturday after a prolonged illness.

Born in 1951, Olowude deployed his multi-disciplinary background, professionalism and vision to build a conglomerate with interests in various sectors of the Nigerian economy.

One of them is IGI, which was incorporated as a limited liability company in October, 31, 1991 and commenced operation in January 1992.

IGI is the official insurance company for the Super Eagles and other national football teams.

The executive vice-chairman and chief executive officer of IGI has a very rich inter-disciplinary background. He had his formal education in Economics both at the University of Lagos (1970-73) and the University of Santa Clara, California, United States (1976).

He is also an Associate of the Chartered Insurance Institute of London. A self-motivated achiever, Olowude has deployed his multi-disciplinary background, professionalism and vision to build a conglomerate with interests in various sectors of the Nigerian Economy.

Olowude has delivered papers at various fora on wide-ranging topics. He has a total of 28 years’ cognate experience in Insurance Management