jacob-adeosun

Engr. Jacob Taiye Adeosun is a uniquely versatile and industrious Nigerian. His work straddles two professions namely engineering and insurance. He is at once a COREN registered engineer and a chartered insurance practitioner. He has made a huge mark in the area of industrial risk assessment and management.

Adeosun is today, President of Risk Managers Society of Nigeria. He is Past President of Risk Surveyors Association of Nigeria. On the engineering side, he is Senior Life Member, American Institute of Chemical Engineers; Member, Nigerian Society of Engineers & Council of Registered Engineers of Nigeria; Member, Society of Petroleum Engineers and Governing Council Member and Fellow, Fire Protection Association of Nigeria.

Jacob was born on August 30, 1956. He graduated from the University of Ife, now Obafemi Awolowo University, Ile – Ife in 1980. He attended continuing Professional Development Course at the University of Technology, Loughborough, UK in 1990. In 1993, he attended another Continuing Professional Development Course at the University of Texas at Austin, Texas, USA.

In the year 2004, he earned the Advanced Diploma in Insurance from the Chartered Insurance Institute in London. He went on, in 2005, to bag the Associate Diploma in Risk Management from the Institute of Risk Management, London.

Having graduated from the University of Ife in 1980, Jacob Adeosun’s working life began at the Qua Iboe Terminal of Mobil Producing Nigeria. There, he worked as Production/Operations Engineer with exposure to operational phases of on-shore and off-shore crude oil/gas injection production facilities.

In 1982, he joined Marine & Industrial Services Nigeria Ltd. as Sales Engineer and Head of Industrial Chemicals Department. Between 1982 and 1989, he worked as Chief Engineer, Technical Office, at SOIMI Nigeria Ltd/SOIMI Impianti, Italy. In 1989, he went on to work with Capital Equipment Company Ltd/Solar Energy Inc. (Now knows as Negris).

Since 1990, he has worked under the name, Industrial Risks Protection Consultants which is a member of The Marsh Group of the USA. Here, his primary technical responsibilities are: Efficient management of implementation of Risk Consulting Services for multinational and indigenous clients in the Upstream, Downstream, Petrochemical, Oil & Gas, Manufacturing and Insurance Industries. Such risk consulting services depend on each client’s needs and include: Risk Assessments, Property & Business Interruption Risk Management Studies, Review of Existing Insurances, Design of New Insurance Package, Loss Assessment & Technical Investigations for Clients or Loss Adjusters, Claims Management, Valuation of Fixed Assets, Business Interruption & Disaster Recovery Plan, Boilers & Pressure Vessels Engineering Inspection. Alternative Risk Financing Study, Fire Protection Engineering, Insurance Warranty Surveys and Underwriting Surveys for Insurers, Reinsurers & Captives. Below is a Selection of recent Telecommunications Industry and Energy Risk Surveys for Underwriting & Risk Control in which he has been involved.

Geregu Power Plant, Nigeria (2014)

Zinder Refinery, Federal Republic of Niger (2013)

Agadez Oilfield Production & Power Facilities, Niger Republic (2013)

Heritage Oil Plc/Shoreline Oil Nigeria (2013)

Risk Engineering of Telecoms Infrastructure & Equipment Assets of IHS Plc in Cameroon & Cote D’Ivoire (2013).

SEPLAT Petroleum Development Company Ltd (2010, 2011)

NNPC/NAOC Joint Venture Onshore Fixed Assets (2011)

Risks Surveys of Starcomms, Cellcom, Teltel, Reliance Telcoms, Intercellular, ECONET Wireless (Non Airtel), Visafone & Daar Communications Plc

Eleme Petrochemicals Company Ltd for The Indorama Group (2009)

NNPC/NAOC Okpai Power Plant (2009)

Kibuye Power Plant offshore Rwanda (2009)

NNPC Refineries (Port Harcourt, Warri & Kaduna) (2008)

NNPC/Exxon Mobil Oso Condensate Plant Offshore (2008)

NNPC/Total’s Amenan Kpon Offshore facility (2008)

NNPC/NAOC’s Brass Terminal, Obiaju Obrikom Gas Plant & Kwale Gas Plant

NNPC/SPDC Bonny Terminal & Forcados Yokeri Field facilities

Shell Bonny & Forcados Yokeri Construction Projects

Nigeria Agip, BrederoShaw, Seaboard Group, MI Drilling

Lagos Deep Offshore Logistic Base Project for PetroSA, Cape Town

 

Some of the recent Technical Loss Assessment & Claims Investigations in which he has been involved are:

Seawolf Oilfield Services Jack Up Rigs

NNPC/ExxonMobil Edop Platform Damage

NNPC/Total Akpo field Subsea Manifold Damage

NNPC/MPN Utue Platform Collision Damage

Shell Nigeria Forcados Yokri Integrated Projects

Shell Nigeria Bonny Terminal Integrated Projects

Nigeria Agip Oil Company, 36” Pipeline CAR Project

Nigeria LNG, Bonny

Fire & Explosion at NAOC Obiafu Gas Plant

National Electric Power Authority (Afam Power Station)

NNPC Escravos Tank Fire

Dubri Oil Company LACT Unit Damage

NAFCON Storm Damage

NAOC Asemoke Oil Well Blow Out

Engr. Adeosun has over 25 publications and presentations on Risk Management, Insurance, Safety & Loss Prevention to his credit. His book: Risk Management and Other Professions which was published in 2015 was presented to the public on October 5, 2016.

It is in recognition of his contribution to national development in the field of Industrial Risk Assessment & Management that Engr. Jacob Taiye Adeosun is deemed worthy to be conferred with the Development in Nigeria Merit Award.