Olowude: he was aged 63

Olowude was said to have died in the US, after some illness. He was aged 63.

In a press release signed by his Special Adviser on Media, Mr. Hakeem Bello, Governor Babatunde Fashola described the passage of Chief Olowude as a great loss to the insurance industry in particular and the world of entrepreneurship in general.

According to the Governor, as the Executive Vice-Chairman and Chief Executive Officer of IGI, Chief Olowude contributed in no small measure to the development of the country’s insurance sector and indeed, to the creation of economic opportunities for the teeming skilled workforce in the industry.

While condoling with the widow, the family and the entire staff, board and management of IGI on behalf of the Government and people of Lagos State, Governor Fashola prayed to Almighty God to grant Chief Olowude’s soul sweet repose and to abide with all members of the family left behind.