NEM Insurance’s CEO Acquires Shares Worth ₦9.24 million

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NEM Insurance Plc said on Monday that its Group Managing Director/Chief Executive Officer, Tope Smart had acquired 4,000,000 ordinary shares, worth ₦ 9,240,000.00.

Tope Smart purchased the shares via the Nigerian Stock Exchange (NSE) at an average price of ₦2.31.

Transaction Breakdown:

Director Dealings Brandspurng NEM Insurance’s CEO Acquires Shares Worth ₦9.24 million

Director Dealings Brandspurng NEM Insurance’s CEO Acquires Shares Worth ₦9.24 million
Group Managing Director/Chief Executive Officer, Tope Smart | www.brandspurng.com

Tope Smart, a graduate and an award winner from the University of Lagos also holds a Masters Degree in Business Administration (MBA) from the University of Nigeria, Nsukka.  He is an Associate member of both the Chartered Insurance Institute of London and the Chartered Insurance Institute of Nigeria.

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Tope, an astute professional, believes very strongly in the entrenchment of insurance in the mind of every Nigerian.  He is a Council member, Chartered Insurance Institute of Nigeria, Councilmember, West African Insurance Companies Association (Ghana), Councilmember, Nigeria-Britain Association, Vice President, African Insurance Organization (AIO) and a past Chairman of the Nigeria Insurers Association to mention but a few.

Tope sits on the board of several companies amongst which are RegencyNem Insurance (Ghana) Limited and NEM Asset Management Limited.  In 2014, he was appointed by the Federal Government as Co-Chairman of Insurance Industry Transformation Committee.  He was also recently appointed as Chairman, Planning Committee of the University of Lagos Alumni Association’s Golden Jubilee Anniversary.

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In recognition of his outstanding achievements, Tope has won several awards amongst which are Distinguished Alumnus by the University of Lagos, University of Lagos Alumni Association Golden Jubilee Special Recognition Award amongst others. He is also a two-time winner of the Businessday Top 25 CEOs award.

Tope is an alumnus of Harvard Business School.

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