NEM Insurance Management
Management criteria checks 1/4
NEM Insurance's CEO is Andrew Ikekhua, appointed in Nov 2023, has a tenure of less than a year. directly owns 0.027% of the company’s shares, worth NGN14.11M. The average tenure of the management team and the board of directors is 1.8 years and 5.3 years respectively.
Key information
Andrew Ikekhua
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 0.03% |
| Management average tenure | 1.8yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO
Andrew Ikekhua
less than a year
Tenure
Mr. Andrew M. Ikekhua, HND, PGD (MGT), PGD (COMM. ADMIN) MBA, MNIM (CHARTERED), FCE, ACIIN, serves as Managing Director and Chief Executive Officer at NEM Insurance Company Nigeria Plc since November 2023...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | less than a year | no data | 0.027% NGN 14.1m | |
| CFO and Executive Director of Finance & Investment | 10.3yrs | no data | no data | |
| Company Secretary & Legal Adviser | less than a year | no data | no data | |
| Deputy General Manager of Marketing | no data | no data | no data | |
| Group Head of Human Resources | 3.3yrs | no data | no data | |
| Assistant General Manager of Underwriting | no data | no data | no data |
1.8yrs
Average Tenure
Experienced Management: NEM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | no data | no data | 0.027% NGN 14.1m | |
| Non-Executive Director | 5.3yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Chairman of the Board | no data | no data | 2.4% NGN 1.2b | |
| Non-Executive Director | 5.3yrs | no data | no data | |
| Independent Non-Executive Director | 7.9yrs | no data | no data | |
| Non-Executive Director | 7.1yrs | no data | 2.13% NGN 1.1b | |
| Director | less than a year | no data | no data |
5.3yrs
Average Tenure
Experienced Board: NEM's board of directors are considered experienced (5.3 years average tenure).