Insurance people and trends…

The Iponri Road in Lagos was recently adorned with a magnificent building, housing the corporate head office of Leadway Assurance Limited. This shows some strength and strong desire to provide insurance in the most conducive environment.

Oye Hassan-Odukale, its managing director, the man driving Leadway has made his mark in setting a pace to follow in the insurance industry.

A product of Mayflower School, Ikenne Ogun State and a graduate of the University of Houston, Texas, USA from where he obtained Bachelor’s and Master’s degrees in Business Administration, specialising in Finance, Oye Hassan-Odukale started his career in insurance with SCIB & Company Insurance Brokers (then an affiliate of Sedgwicks Insurance Brokers) in 1980 and joined LEADWAY Assurance Company Limited in 1981.

He became the Managing Director and Chief Executive Officer of the company in 1994. He is a Munich Re scholar, being the First West African recipient of the Munich Re Insurance Fellowship at Georgia State University. He has done extensive research on Computerisation of Insurance Business.

Oye Hassan-Odukale is on the board of a number of reputable companies. He served on the Federal Government of Nigeria’s Committee for the review of Insurance Laws and he is also a past Chairman of the Nigerian Insurers Association.