IEI Insurance PLC

Ag. Managing Director

Dr. Joyce M. Odiachi

 

Joyce M. Odiachi is Ag. Managing Director /CEO of International Energy Insurance (IEI) Plc. Her strategic focus on consistent and reliable risk management analysis plays a strong role in driving the IEI mandate of transforming the Nigerian insurance landscape.

A multi-talented professional with proven expertise in strategic business start-up and transformation, Joyce is an insurance practitioner with 24 years of experience in the industry cutting across risk management, compliance, technical and relationship management.

She has worked with top-rated firms driving business sustainability and promoting knowledge-based qualitative underwriting. Prior to joining IEI PLc, Joyce was Director, Training & Research at Perfect Square Consulting Services Limited, a multidisciplinary professional service firm providing world-class consulting and training services. Joyce started her career in TransGlobal Insurance Brokers Limited as an underwriter and moved to Custodian & Allied Insurance where she left in 2008 to join Zenith General Insurance Company Limited. Consistently exceeding performance expectations and winning best technical staff at various times, after serving for over 10 years, she left Zenith as Head, Claims and Compliance. In 2018, she joined FIN Insurance (a subsidiary of Cornerstone Insurance Plc), where she was the Head, Technical Division and was fully involved in the system turnaround including development of a claims reserve policy for improved bottom-line. Following recognition for process transformation and excellent deliverables, she was redeployed in 2022 to the parent company Cornerstone Insurance Plc (a composite insurance company) as Group Head, Technical, overseeing the group technical department. In 2023, she was appointed General Manager, Technical at Rex Insurance Company Limited, where she left to join Perfect Square Consulting Services as Director, Training and Research.

A graduate of Insurance, she also holds Master of Science (M.Sc. Management) and a Doctor of Philosophy (Ph.D. Management) from the University of Lagos, Akoka, Yaba, Lagos. Joyce Odiachi is a Fellow of the Chartered Insurance Institute of Nigeria (FIIN) and Risk Managers Society of Nigeria (FRMN). A consummate professional with a strong passion for the growth of the insurance industry in Nigeria, she has attended several courses both locally and internationally and has to her credit, published several academic articles in local and international peer-reviewed journals all geared towards drawing a direction on and highlighting the Nigerian Insurance Industry.

Actively involved in supporting the industry, she has served in different capacities at the Chartered Insurance Institute of Nigeria (CIIN), the Nigeria Insurers Association (NIA), the College of Insurance and Financial Management (CIFM), the Professional Insurance Ladies Association (PILA), and the Risk Managers Society of Nigeria (RIMSON).

 

Confidence Yinusa

Chief Marketing Officer

Dr. Olawale Awosina

Chief Compliance Officer

Dr. Joyce M. Odiachi

Ag. Managing Director

Uyi Osagie

Chief Financial Officer

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