By InvestAdvocate

Lagos INVESTADVOCATE)-Remi Olowude, the chief executive officer (CEO) of Industrial & General Insurance Plc (IGI) has died according to reports.

A source at IGI who has been briefed of the incident said Olowude, an economist, died from an undisclosed form of cancer abroad, where he was transported a few weeks back after his health deteriorated.

Oluwode often referred to as the guru of insurance, had over 28 years of working experience in the sector, and helped turn around the fortunes of IGI.

The company in its official website said Olowude has a very rich inter-disciplinary background. He had his formal education in Economics both at the University of Lagos (1970-73) and the University of Santa Clara, California, United States (1976). He is also an Associate of the Chartered Insurance Institute of London.

A self-motivated achiever, Mr. Olowude has deployed his multi-disciplinary background, professionalism and vision to build a conglomerate with interests in various sectors of the Nigerian Economy.

Mr. Olowude has delivered papers at various fora on wide ranging topics. He has a total of 28 years cognate experience in Insurance Management.