NIRSAL Connect
Ezekiel Olukolajo is an accomplished insurance professional with extensive experience in technical operations, risk management, and leadership roles across various companies. Currently serving as the Deputy General Manager at AIICO Insurance PLC since October 2017, Ezekiel oversees non-life technical operations. In addition, Ezekiel has been a Team Lead at NIRSAL since April 2017, where significant contributions include the activation of the Insurance Facility Pillar in Agric Value Chain Finance. Previous positions include Divisional Head of Technical Operations at Standard Alliance Insurance Plc, where restructuring efforts led to over 300% improvement in claims ratio, and Head of Technical & Reinsurance Group at Old Mutual Nigeria. Ezekiel has also held multiple roles at UBA Group, contributing to the operational and strategic framework of insurance services.
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NIRSAL Connect
The Nigeria Incentive-Based Risk Sharing system for Agricultural Lending (NIRSAL) was launched in 2011 and incorporated in 2013 by the Central Bank of Nigeria (CBN) as a dynamic, holistic USD500 Million public-private initiative to catalyse the flow of finance and investments into fixed agricultural value chains. NIRSAL seeks to address the causes of low funding levels in the agriculture sector, including lack of understanding of the sector, perceived high risks, complex credit assessment processes/procedures, and high transaction costs.