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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

Heirs Life Assurance names Pastor Jerry Eze independent non-executive director

From The Punch · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Heirs Life Assurance appointed Pastor Jerry Eze as an Independent Non-Executive Director to its Board.
  • The appointment aims to expand financial inclusion and accelerate insurance adoption in Nigeria.
  • Eze brings extensive experience in community engagement and digital platforms, with a background in development communications.

Heirs Life Assurance has appointed Pastor Jerry Eze, founder of Streams of Joy International Ministry, as an Independent Non-Executive Director, effective August 10, 2026. This strategic move by the specialist life insurance company of Heirs Insurance Group is intended to bolster its commitment to increasing financial inclusion and speeding up insurance adoption across Nigeria.

Despite being Africaโ€™s largest economy, Nigeriaโ€™s insurance penetration remains below one per cent โ€“ among the lowest globally โ€“ highlighting the need to expand financial protection and build greater public trust in insurance.

โ€” Heirs Life AssuranceThe company's statement explaining the need for expanded insurance adoption.

The company highlighted that Nigeria's insurance penetration remains below one percent, one of the lowest globally. This underscores the critical need to broaden financial protection and cultivate greater public trust in the insurance sector. Pastor Eze's appointment is seen as a significant step in achieving these goals.

As Heirs Life continues to pursue its mission of making insurance accessible to every Nigerian, Ezeโ€™s appointment brings a unique perspective on community engagement, value-based leadership, and broad societal impact.

โ€” Heirs Life AssuranceThe company's rationale for appointing Pastor Jerry Eze.

Eze, also known as the convener of the New Season Prophetic Prayers and Declarations (NSPPD), one of the world's largest digital prayer platforms, brings a unique perspective. His influence extends to millions daily, championing hope and community transformation through his ministry and humanitarian work. He also founded the Jerry Eze Foundation, which provides housing support and grants to vulnerable communities, including a recent N1 billion grant for young entrepreneurs.

Pastor Jerry brings an exceptional combination of integrity, influence, and a deep understanding of people and communities.

โ€” Tony ElumeluThe Chairman of Heirs Life Assurance commenting on Pastor Jerry Eze's appointment.

Prior to his full-time ministry, Eze worked in development communications, including roles with a World Bank HIV/AIDS program and the United Nations Population Fund (UNFPA). He holds degrees in History and International Relations and Business Administration. Tony Elumelu, Chairman of Heirs Life Assurance, stated that Eze's integrity, influence, and understanding of communities will be invaluable in strengthening consumer trust and deepening financial inclusion.

As we continue our mission to democratise access to insurance, his insight will help strengthen consumer trust, deepen financial inclusion, and reinforce our commitment to protecting the financial future of millions of Nigerians.

โ€” Tony ElumeluThe Chairman of Heirs Life Assurance on the expected impact of Pastor Jerry Eze's role.
DistantNews Editorial

Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.