BY NKECHI NAECHE-ESEZOBOR— Mutual Benefits Assurance PLC has announced the appointment of Mr. Adebiyi Ashiru-Mobolaji as the Managing Director of its life business subsidiary, Mutual Benefits Life Assurance Limited.
The board also approved the appointment of Mr. Joseph Oladokun as Executive Director Technical while Alhaji Lateef Akande Bakare and Mrs. Wunmi Eniola-Jegede were appointed as Non-executive Directors, respectively.
This is contained in a notice to the Nigerian Exchange Group(NGX) and the investing public signed by the Company’s Secretary, Jide Ibitayo, that the appointment is subject to regulatory approvals.
It added that Ashiru-Mobolaji, as the Executive Director, Operations he oversaw the Technical & Marketing and Distribution Channels of the Company. He is an insurance graduate with a master’s in Business Administration from Lagos State University.
He is also an Associate member of the Chartered Insurance Institute of Nigeria as well as an Alumnus of the Lagos Business School.
An astute goal getter and a dynamic insurance practitioner, Mr. Ashiru-Mobolaji
joined Mutual Benefits Assurance Plc in 1998 and rose through the ranks.
In 2007, he became Senior Manager, Micro Insurance, after a comprehensive training with International Cooperative and Mutual Insurance Federation (ICMIF) in Manchester,
UK.
In 2009, he was seconded to Cameroun as GM/CEO of the Cameroun subsidiary
Assurances Generales du Cameroun. He returned to Nigeria in 2012 and became the
Deputy General Manager Business Development before being appointed Executive Director, Operation in April 2017.
Joseph Oladokun, untill his appointment, he was the General Manager Technical.
He holds a bachelor’s degree (Honours) in Geography from University of Ibadan where
he graduated top of his class to clinch the Departmental Award of his set.
He has a master’s degree in Business Administration (Marketing) from Ladoke Akintola University of Technology, Ogbomoso. Joseph is an Associate of the Chartered
Insurance Institute of Nigeria (CIIN) and the National Institute of Marketing of Nigeria
(NIMN). He is also a Fellow, Institute of Management Consultants.
Joseph began his career in Insurance with Leadway Assurance Company Limited,
where he honed his skills in Underwriting, Claims Management and Special Risks
aspects of General Business Insurance. He served in various capacities over a period
of 10 years introducing several initiatives that served the company well.
Before joining Mutual Benefits Assurance Plc in 2014, Joseph was Head of Technical
for about five years at FIN Insurance Company Limited.
While Alhaji Lateef Akande Bakare, joined as Independent Non-Executive Director, with rich experience in Financial Assurance, Auditing, Taxation, Business, and process re-engineering. He is a chartered accountant with over 45 years post qualification experience. He retired in 1991 as the Quality Assurance Partner at Deloitte. He’s Founder and Managing Partner at Lateef Bakare & Co and Adetona, Bakare & Co respectively, both firms of accountants and insolvency practitioners.
He has both private and public sector experiences having served in various capacities in professional practice and director of several private and public companies including First Bank of Nigeria Limited.
Mrs. Wunmi Eniola-Jegede is currently the Executive Director, Business
Development, Strategic Planning, & Human Resources of SIFAX Group.
Her competencies include Business Development, Strategic Planning, Project management, Business Strategy, and Organizational Development. She has a distinction in MBA from Keller Graduate School of Management Houston, a Certificate in Business Management, from Houston College, and a BA(Hons) in English.
She brings with her to the Board her wealth of experience garnered in both public and private sectors in Nigeria and the USA.
She joins the board as a Non Executive Director.
