Obinnia Abajue Becomes New CEO of Hygeia HMO

Obinnia Abajue has been appointed as the Chief Executive Officer of Hygeia HMO Limited. The Board of Directors announced that this takes effect from 1st November, 2016.

Max Coppoolse, Chairman of the Board of Directors, stated that the Board of Directors is delighted that Obinnia will oversee the entire activities of the company and will lead Hygeia HMO in realizing its strategic intent.

Obinnia has about 20 years of experience in banking and financial services. Prior to joining Hygeia HMO, Mr. Abajue was based in South Africa and was in charge of Business Transformation for Standard Bank’s Personal and Business Banking business in Africa.

Prior to this, Obinnia served as Executive Director and Head of Personal and Business Banking at Stanbic IBTC Bank. This business encompasses small, medium and commercial business banking, high net worth individuals and personal markets banking.  Before then, from 2009 – 2011, he was Acting Chief Executive Officer of Stanbic IBTC Pension Managers Limited and Head of Wealth Management for Stanbic IBTC overseeing the pensions, asset management and trusteeship businesses.

Obinnia holds a Bachelor’s degree in Actuarial Science from the University of Lagos and an MBA from the prestigious Imperial College London. He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), of the Chartered Institute of Bankers of Nigeria (FCIB), and of the Chartered Institute of Stockbrokers of Nigeria (FCS).

Hygeia HMO, a Health Maintenance Organization (HMO) which provides first-class healthcare services to individuals, families, groups and companies, has been at the forefront of providing quality managed care for the past 30 years. The company has built an enviable reputation working with a wide network of hospitals which includes Lagoon Hospitals. The network ensures access in all states of the country to over 600 private hospitals and over 1500 public sector hospitals.

Hygeia HMO is part of the Hygeia Group which is owned by a consortium comprising IFC, a member of the World Bank Group, IFHA-II Cooperatief U.A. (IFHA-II), a private equity fund focused on investing in the healthcare sector in Sub-Saharan Africa, Swiss Re, the global reinsurance company and Ciel Healthcare Limited, a Pan-African healthcare company.