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Jobs at First Bank Plc
Our client, First Bank of Nigeria Plc, is the largest and most profitable first-tier financial institution in Nigeria with a network of over 600 locations across the country, offering a full range of banking products and services as well as non-banking financial services through its subsidiaries, including financial advisory, asset management, trust and insurance brokerage services. It has a strong history and track record of stability and corporate governance.
As a major part of its expansion initiatives, First Bank has partnered 'with Sanlam Group, a leading international insurer based in South Africa, to establish a foremost insurance underwriting company in Nigeria. The Sanlam Group, the second largest non-banking financial services group in South Africa, currently functions via 3 main clusters of business: life insurance, general insurance and asset management. It has operations in Botswana, Kenya, Ghana, Zambia, Tanzania, Uganda and India.
The Bank seeks to recruit a focused, results-oriented and suitably qualified professional to fill the position of Managing Director/Chief Executive Officer in its insurance subsidiary. The Chief Executive will run the First Bank/Sanlam Life Insurance Joint Venture Company and will also be ultimately responsible for establishing and running a related Non-Life Insurance Joint Venture company.
Reporting to the Board, the successful candidate will serve as the principal strategy and business development executive of the company and will have ultimate P&L responsibility. He/she will be responsible for developing, implementing and managing short, medium and long-term strategies that will ensure the continued growth and profitability of the company. Specifically, the candidate will:
To apply, please quote ES00540 as the subject of your e-mail and send your current curriculum vitae (prepared as a word document, and saved with your full names), a statement of how you meet our selection criteria, and the names and contact details (including telephone and e-mail addresses) of three referees who are knowledgeable about your professional achievements and abilities to us at recruitment@ng.kpmg.com not later than August 24,2010.
All applications will be treated in confidence. Only short-listed candidates will be contacted
Managing Director/ Chief Executive for FBN Life Assurance Company.

Location: Not Specified
Experience: 15 year(s)
Course of Study: Not Specified
Required Grade: Not Specified

•Champion the formulation of the company's corporate strategies and ensure implementation.
•Serve as a key brand icon for the company, creating a niche for it in the insurance sector and consistently reinforcing and promoting the corporate brand value and identity.
•Lead the overall business development efforts (including deal sourcing and origination) to ensure the realization of the company's expansion and growth aspirations.
•Develop and maintain relationships with key stakeholders and lead the development of relevant strategic alliances.
•Drive the development of annual operating plans including business plans, operational requirements, staffing and budgets to ensure business continuity.  
•Take full ownership of the company's financial performance and provide periodic update on it to the Board.
 
Qualifications, experience and attributes
•A good first degree in any field of study from a reputable tertiary institution. An MBA or any other higher degree will be an added advantage.
•Professional qualification(s) in Insurance (e.g. ACII).
•Minimum of fifteen (15) years' post-qualification experience, including five (5) years' experience in the
•insurance industry and at least five (5) years' experience at executive management level. Exceptional executives with relevant experience from other industries may be considered.
•Excellent relationship management and strategic networking skills at the highest level in the private and public sectors.
•Strong understanding of the application of risk management in the context of insurance businesses.
•Sound knowledge of regional and global trends in the insurance industry as well as an understanding of the key macroeconomic drivers.
•Excellent communication and interpersonal skills.
•Excellent leadership, negotiation, marketing, planning and organization skills.

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