How IGI boss, Olowude, died

The Executive Vice Chairman and Chief Executive Officer of Industrial and General Insurance Plc, Remi Olowude, is dead.
Olowude died on Saturday, a highly placed source within the company in Lagos told The Eagle Online.
He was said to have passed on in the United States of America.
He died at about 11:30pm Nigerian time, which was 3:30pm American time, of prostrate cancer.
Olowude was said to have been in coma since the beginning of last week.
He had been sick for years.
He had been in the United States of America for over two years for treatment.
Olowude started IGI Plc in 1992 after leaving NICON Insurance Plc.
A short profile of Olowude on the website of IGI Plc reads: “The Executive Vice-Chairman and Chief Executive Officer of IGI, he has a very rich inter-disciplinary background.
“He had his formal education in Economics both at the University of Lagos (1970-73) and the University of Santa Clara, California, United States (1976).
“He is also an Associate of the Chartered Insurance Institute of London.
“A self-motivated achiever, Mr. Olowude has deployed his multi-disciplinary background, professionalism and vision to build a conglomerate with interests in various sectors of the Nigerian Economy.
“Mr. Olowude has delivered papers at various fora on wide ranging topics.
“He has a total of 28 years cognate experience in Insurance Management.”
The company was yet to issue any official statement on the development as at press time.