Oliver Akubia appointed Managing Director of Millennium Insurance

The Board of Directors of Millennium Insurance Company Ltd have appointed a new Managing Director in person of Oliver Akubia to drive its business progress.
Oliver is an astute and result oriented Insurance Practitioner with over 13 years working experience in the Ghanaian insurance industry.

He has, within the period, worked with reputable insurance companies in areas of Underwriting Reinsurance, Claims, Risk Management and Business Development.

Prior to his appointment with Millennium Insurance Company, on the 3rd of September, 2019, he was the Chief Operating Officer of Provident Insurance Company Ltd from 2015 to 2019.
In this capacity, he had the responsibility of handling the entire operations of the company ranging from Underwriting, Claims, Reinsurance, Marketing, Risk Management, IT and Business Development.

His excellent performance led to the growth and profitability of the company within the four-year period.

Mr. Akubia started his insurance career in February 2008, with CDH Insurance Company as an Underwriting Officer with responsibility of advising, formulating, interpreting and implementing underwriting policies for the company with emphasis on supervising front line underwriting to ensure quick response to clients.

In March 2009, however, he moved to Industrial and General Insurance (IGI) as the Tema Branch Manager where he served in various Underwriting and Marketing roles. Oliver was later appointed as Head of Technical Operations in the same company from 2010 to 2012.  In this role, he helped formulate prudent underwriting policies along with development and implementation of strategic claims policy for the organisation.

Due to his excellent performance at IGI, he was poached by the then, Colina Ghana Insurance Company, now Saham Insurance in September, 2012 as the Head of Technical Position and later rose to become the Deputy General Manager, Operations.

Apart from his stints in Insurance, Oliver has working experience in Sales and Marketing having worked with the then Millicom Ghana Ltd as a Sales Liaison.  

Oliver is a Chartered Insurer from Chartered Insurance Institute (UK), holds an Executive Masters in Business Administration from the Ghana Institute of Management and Public Administration (GIMPA), a Bachelor of Law Degree from University of London, and a Bachelor of Science degree in Mathematics and Statistics from University of Cape Coast.

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