NEM Insurance appoints Semowo as new executive director

NEM Insurance Plc, a general insurance company, has appointed Idowu Semowo as its new executive director of finance and investment.

The appointment, which was effective from September 11, 2023, was announced in a statement on Monday.

“Semowo’s illustrious career spans over thirty years in the financial industry encompassing experiences in auditing, banking and stock broking having worked with the Universal Trust bank, Magnum and NBC International Bank Limited and Kinley Securities Limited,” the statement said.

It added that he has over the years, served in pivotal roles towards ensuring the continued financial growth of the company.

“The board and management of NEM Insurance Plc are confident in Semowo’s wealth of knowledge and experience.”

The company also noted that Semowo is a fellow of the following institutions; the Institution of Chartered Accountants of Nigeria, the Chartered Institute of Banker of Nigeria, and the Chartered Institute of Stockbrokers of Nigeria.