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Nihinlola Oyenike Olaitan

Country:

  • Nigeria

Designation and Company

  • Executive Director Operations, Staco Insurance Plc

Years of Experience

  • 20+

years

Area of Expertise/Speaking

1.

  • Corporate Governance & Risk Management in Insurance

2.

  • Operational Excellence & Digital Transformation in Insurance

3.

  • Leadership, Talent Development & People Management in Regulated Industries

Notable Career Highlights/Milestones

1.

  • Serves as Executive Director, Technical and Operations at STACO Insurance PLC, providing strategic oversight across underwriting, claims, reinsurance, and core insurance operations.

2.

  • Inducted as a Fellow of the Chartered Insurance Institute of Nigeria (FIIN) in December 2025, in recognition of professional excellence and leadership within the insurance industry.

3.

  • Elected Vice President of the Professional Insurance Ladies Association (PILA) in November 2025, contributing to the advancement of women’s leadership and professional development in insurance.

Professional Summary

Nike Nihinlola is a seasoned insurance executive with nearly three decades of experience across underwriting, claims, reinsurance, and technical operations within Nigeria’s insurance industry. She is currently the Executive Director, Technical and Operations at STACO Insurance PLC, where she provides strategic leadership across core insurance functions, driving operational excellence, risk management, and business growth.

A Fellow of the Chartered Insurance Institute of Nigeria (FIIN), Nike has built a distinguished career spanning leading insurance firms, including Consolidated Hallmark Insurance and Great Nigeria Insurance, with a proven track record in negotiation, analytical decision-making, customer value creation, and business planning.

Beyond executive practice, she is deeply engaged in industry leadership and capacity development. She serves on the Mandatory Continuing Professional Development (MCPD) Committee of the CIIN, is a former Chairperson of the Accident Offices Committee of the Nigerian Insurers Association (NIA), and currently holds the position of Vice President of the Professional Insurance Ladies Association (PILA).

Nike holds a Bachelor of Arts degree in English from the University of Ibadan and a Master of Business Administration from Lagos State University. She brings strong expertise in strategic planning, insurance consultancy, training, and manpower development, and is recognised for her ability to combine technical depth with people-centred leadership.

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