SA Insurance MD bags honorary doctorate award

Tom Imokhai, managing director, Standard Alliance Insurance plc has been nominated alongside a few other Africans by the European-American University for an honorary doctorate degree award.

A letter conveying the news from the Commonwealth of Dominica-based University explained that Imokhai will receive a conferment as Doctor of Arts Honoris Causa in Insurance and Risk Management in view of his outstanding contribution and achievements in the insurance sector.

In the same vein, the Institute of Credit Administration (ICA) has also appointed Imokhai 2nd vice president and member of its Governing Council just as he has also received nomination into the nation’s prestigious Business Support Group as a member.

In a congratulatory letter signed by Chris Onalo, ICA’s registrar/chief executive officer, the Institute stated that “with your unanimous endorsement as the 2nd Vice President and Council member, your business industry is well reflected in the characteristic objective of our great institute,” noting further that “this appointment takes effect immediately and will expire February 2015.”

On its part, the Business Support Group noted in its letter signed by Oba Otudeko, CFR, its chairman, that the Standard Alliance Insurance plc’s boss was considered based on his pedigree and his significance as a major stakeholder within the organised private, stating further that “we are confident that the BSG will benefit from your wealth of experience.”

Imokhai who has been in the insurance business for not less than 23 continuous years holds a Bachelor of Science Degree in Insurance (1989) from the Enugu State University of Science and Technology and a Master of Business Administration (Strategic Management) from Edo State University (now Ambrose Alli University), Ekpoma.

He is an associate member of the Chartered Insurance Institute of Nigeria and London; member, Nigeria Institute of Management; a fellow of the Institute of Direct Marketing of Nigeria and fellow, Institute of Credit Administration (FICA).

Imokhai is an alumnus of the prestigious Lagos Business School having undergone its 18th Chief Executive Programme. He is also an alumnus of the elitist IESE Business School, University of Navara, Spain, where he was one of the select-few African high profile chief executives for the Pan-African Advance Management Programme Module.