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International Energy Insurance Plc Appoints Dr Joyce Odiachi As Acting Managing Director

PRIVATENov 27, 2025•7 months ago

Position

Director

Company

International Energy Insurance Plc (IEI)

Joyce Odiachi
NigeriaFinancial Services

Description

International Energy Insurance Plc has appointed Dr Joyce Odiachi as the Acting Managing Director following the resignation of Olasupo Sogelola. This transition aims to provide continuity and stability as the company prepares for its next phase of growth.

Company Information

Company

International Energy Insurance Plc (IEI)

Location

Nigeria

About

International Energy Insurance Plc (IEI) is an insurance company with total assets of N19.5 billion. However, it currently has a negative shareholders’ fund of N7.7 billion, and its financial status has been challenging, reporting a pre-tax loss of N1.6 billion at the end of the first quarter of 2024. Norrenberger Advisory Partners Limited is aiming to acquire a majority stake in IEI.

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