Former NAICOM Boss Dipo Bailey Is Dead. He passed away @ 74. He has been sick for a while. He suffered Stroke years back. A prominent Ijebu chief, (Dr) Sir. Bailey was a London trained insurance professional of many years and a former Commissioner for Insurance. He held an honorary doctorate degree in Business Administration, which was awarded him in recognition of his immense contribution to the Insurance industry in Nigeria.
Chief Bailey was on the board of several organisations, among which are:
– Shepherds Insurance Brokers (Vice Chairman); Bailey Professional Training and Development Centre (Chairman); NICON Insurance Plc (Director) and Total Corporate Services Limited (Chairman)
A quintessential insurance technocrat, Chief Bailey served several professional bodies in the following capacities:
– Past President of the Chartered Insurance Institute of Nigeria and Council member for over 30 years; President & Chairman in Council of Institute of Loans & Risk; Management Council member – NCRIB; Founder, Past President and Grand Patron of RIMSON; Past Chairman – Association of Insurers and Reinsurers of Developing Countries and Association of Insurers Supervisory Authorities of Developing Countries
Chief Bailey was also a community leader and a Rotarian. He was Past District Governor, Rotary International District 9110 and Chairman, Council of District Governors in Nigeria.
He was a Knight of Saint Christopher and a recipient of many national merit awards.
He was happily married and blessed with children.