Simon Ejima

Chief Compliance Officer at Staco Insurance PLC

Mr. Ejima is a graduate of the University of Uyo with a Bachelor of Science in Economics/Statistics with Second class upper. He holds a Master’s Degree in Economics from the Lagos State University, Lagos and a Distinction in Master’s Degree- Finance/ACIB from Caleb University, Lagos. He is currently pursuing his Doctorate degree (PhD) in Finance with CALEB University.

He is an associate member of the Nigerian Institute of Management (Chartered); Fellow, Certified Risk Manager ISO31000 Risk management system ,Fellow Enterprise Risk Management Professionals (FERP); Associate Member of the Risk Management Association of Nigeria (RIMAN) , Certified chartered Insurance professional(CIIN) , Associate member of chartered institute of bankers(CIBN) as well as an Associate member of the Institute of Certified Economist (ACE).

He has over 20 years’ experience in Banking Operations and Process re-engineering, Audit and Compliance Management, Operational Risk management, Enterprise Risk Management and Internal Controls. He started his banking career with the then Intercontinental Bank in the year 2000, before his final banking career till 2017 with Bank PHB /keystone bank. He joined Royal Exchange Assurance as the Group Head, Enterprise Risk Management in October 2017 in charge of all the subsidiaries; General Insurance Company, Life Insurance Company, Finance and Asset management subsidiary, Health management company and Royal Exchange Micro-Finance Ltd, where he significantly carry out the over-hauling of the credit process and the recovery strategy that significantly improved the Microfinance credit and recovery quality.

Also responsible for the overhauling of Royal exchange claims exposure and overhead costs against leakages.

He is a Risk, Compliance and corporate governance experts/Consultant with Simej Business Solution Limited as a senior partner and currently the Chief Compliance and Risk Officer of STACO Insurance Plc.

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