This strategic appointment aims to enhance financial inclusion and boost insurance adoption across Nigeria by fostering public trust and consumer education. Currently, Nigeria’s insurance penetration is below one percent, one of the lowest in the world, which underscores the necessity for improved financial protection and public confidence in insurance.

Pastor Jerry Eze, founder of Streams of Joy International Ministry—an expanding multinational organization with 34 branches across multiple continents—and a prominent figure behind the New Season Prophetic Prayers and Declarations (NSPPD) digital prayer platform, is recognized for his impact on community transformation. Also, he founded the Jerry Eze Foundation, focusing on philanthropy, housing support, and grants to underserved communities, including a notable announcement of N1 billion in grants in 2026 aimed at enhancing economic opportunities for young entrepreneurs.

Eze’s background includes a career in development communications, with notable roles in a World Bank HIV/AIDS program and with the United Nations Population Fund (UNFPA). He holds degrees in History and International Relations, as well as Business Administration.

Tony O. Elumelu, Chairman of Heirs Life Assurance, commended Eze’s integrity and understanding of people, expressing optimism that his insights will aid in democratizing insurance access. Pastor Eze expressed his honor in joining the Board at such a pivotal time for the insurance sector, highlighting the importance of financial security in empowering aspirations.

Heirs Life Assurance ranks as one of Nigeria’s leading life insurance companies and is recognized as the 7th fastest-growing company in Africa by the Financial Times. The organization, alongside its affiliated businesses in Heirs Insurance Group, serves over 3 million individuals and promotes financial inclusion, aiming to transform the digital insurance landscape in Nigeria.