From Left: Mr Winfred Dodzih, Secretary General,ECOWAS Brown Card,Mr Ganiyu Musa, Chairman,Council of Bureaux, ECOWAS Brown Card and Mr Mouhamadou Noba,Past Chairman,Council of Bureaux @ the inuaguration of Ganiyu Musa as Chairman

 

 

By Ngozi Onyeakusi—–The newly inaugurated Chairman of Council of Bureaux, ECOWAS Brown Card Insurance Scheme, Mr. Ganiyu Musa has identified challenges fronting the sheme even as he assured readiness to tackle them.

Musa, gave the assurance while delivering his during his inauguration in Abuja .
He promised to address all the highlighted challenges bedeviling the success of the scheme, promising to leverage on the  successes already recorded to reshape and promote the scheme among West African countries.

He believes the brown card insurance scheme is an idea that could transform insurance, especially, motor insurance scheme across the borders of West African countries, adding that, it is an initiative that can raise insurance awareness and penetration across the region.

The main objective of the scheme, he said, is to ensure prompt and fair compensation to the victims of road accidents for the damages caused them by non residing motorists travelling from other ECOWAS member States to their country.

According to him, “the ECOWAS Brown Card Scheme operates through a 14 (fourteen) National Bureaux network spread throughout the fourteen Member States. Each National Bureau plays two major roles. The National Bureau operates therefore as an Issuing Bureau to ensure Brown Card availability for local motorists, while also conducting investigation and settle claims arising from an accident caused by motorist holders of Brown Card.”

Musa is currently the chairman, Nigerian Insurers Association(NIA) and the group managing director, Cornerstone Insurance Plc.

Ganiyu Musa is a highly experienced management professional with over 35 years of diversified experience in insurance, reinsurance, audit, consulting, business advisory and financial management. His professional experience started with Pannell Kerr Forster and later Arthur Andersen & Co where he trained and qualified as a Chartered Accountant and gained top quality experience in audit and financial consulting.

He subsequently worked at African Reinsurance Corporation for 19 years, holding key positions, including Director of Finance & Accounts/Chief Financial Officer and Deputy Managing Director.

He left Africa Re in 2011 to join African Capital Alliance (ACA), a leading pan-African private equity firm as Insurance Sector Specialist and a Director on the Board of Cornerstone Insurance Plc. He joined Cornerstone Insurance Plc in 2012 as the Group Managing Director/CEO and he is the current Chairman of the Nigerian Insurers Association having also served as Deputy Chairman and Treasurer.

Ganiyu holds a Bachelor of Science (B.Sc. Hons.) degree in Business Administration and a Master in Banking and Finance (MBF) degree, both from the University of Lagos.