International Energy Insurance (IEI) Plc has appointed Mr Bashir Haliru Binji as its new Managing Director and Chief Executive Officer.
Binji assumed office on August 3, 2026, bringing more than 25 years of experience in insurance, reinsurance, corporate strategy, financial inclusion and business transformation.
Before joining IEI Plc, he was the Managing Director and Chief Executive Officer of FIN Insurance Limited, where he led the company’s strategic repositioning, improved profitability and accelerated its digital transformation.
He also served as Acting Managing Director and Chief Executive Officer of the Nigeria Agricultural Insurance Corporation (NAIC).
During his tenure at NAIC, Binji helped return the organisation to profitability and played a leading role in the development of Nigeria’s index-based agricultural insurance solutions.
He also supported major national agricultural initiatives during his time at the corporation.
Earlier in his career, Binji held senior management positions at Zenith Insurance Company Limited and the Nigerian Reinsurance Corporation.
His experience covers underwriting, reinsurance, business development and general operational management.
Binji holds a bachelor’s degree in Management Studies from Usman Danfodiyo University, Sokoto, and an MBA from Ahmadu Bello University, Zaria.
He is a Fellow of the Chartered Insurance Institute of Nigeria (FCIIN) and an Associate of the Chartered Insurance Institute (ACII), London.
He has also completed executive programmes at Lagos Business School, IESE Business School in Barcelona, and other leading institutions.
Beyond his executive roles, Binji has held several industry leadership positions, including Chairman of Hilal Takaful Nigeria Limited and the Nigerian Insurers Association (NIA) Governance Council.
He is recognised for his contributions to corporate governance, product innovation and the development of Nigeria’s insurance industry.
His appointment comes at a time when Nigeria’s insurance industry is undergoing major changes, including recapitalisation, digital transformation and efforts to deepen insurance penetration.
With his experience across insurance, reinsurance, agricultural insurance and business transformation, Binji is expected to bring extensive industry knowledge to his new role at IEI Plc.