Goldlink Insurance Plc Chairman Resigns

Mohammed Bintube

Goldlink Insurance Plc Chairman Resigns

Goldlink Insurance Plc, has informed the Nigerian Stock Exchange and the investing public of the resignation of Mohammed Mustapha Bintube, the Chairman of the Board of Directors of the company.

According to the statement signed by the Company’s Secretary/Legal adviser, Tobi olaleye, his resignation as director of the company was effective from of 5th of November 2018.

He previously served with New Nigerian Development Company (“NDDC”) in 1982 as an Investment Executive and rose to the position of Senior Investment Executive. He moved into core banking in 1989 with Commercial Bank Credit Lyonnais Nigeria Limited and served variously as Head of Corporate Finance and Medium Corporate and Private Banking Departments. He was member of the Bank’s Credit Committee and Executive Management Committee.

He joined FSB International Bank Plc in 1995 as the Head of the Institutional Banking Group. At FSB, Alhaji Bintube rose from the rank of Assistant General Manager to Executive Director and successfully oversaw the growth of various businesses within the bank including: Corporate Banking, Public Sector, Private Banking, Consumer Banking, Financial Institutions (including insurance companies ) and the Energy Sector.

He served on the Boards of many notable Nigerian companies as Director including: Nigeria Reinsurance Corporation, Hogg Robinson Nigeria Limited, Nigeria Life and Pension Consultants and Nidogas Company Limited.

He was the Chairman of The Finance & General Purpose Committee of The Board at Nigeria Re-Insurance Corporation. He was a sub-committee member of The Technical Committee on The Privatization and Commercialization of The Federal Government of Nigeria (FGN). He was also a member of the Business Support Group of The Vision 2020 Committee of The FGN.

He resigned from FSB in June 2004 to take up the new challenge of establishing and driving Nigeria’s first Islamic Bank, Jaiz Bank Plc. He holds a Bachelor’s Degree in Business Administration from Ahmadu Bellow University, Zaria and an Alumnus of Colombia Business School, New York, Wharton Business School, Philadelphia, INSEAD of Fontainebleau, France etc.

Goldlink Insurance Plc was incorporated on 15th April, 1992 as a Private Limited Liability Company and granted licence to operate as a full-fledged insurance company on 8th September, 1993. Goldlink was incorporated with an authorised share capital of N10 million with fully paid-up capital of N10 million.

In readiness for listing on the Nigerian Stock Exchange (NSE), Goldlink converted to a Public Liability Company on 11th May, 2007 and was listed on the NSE by way of introduction on 12th February, 2008. It was incorporated with the share capital of N4.5 billion.

 

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