Those shaping the Insurance industry

Wale Onaolapo, chairman of the Board of Directors of the company
Onaolapo was, until very recently, the Managing Director/Chief Executive Officer of Sovereign Trust Insurance Plc., one of the leading insurance companies in the Nigeria Insurance Industry. A consummate Insurance Professional per excellence – Onaolapo has worked for over three decades both in the underwriting and broking sectors of the Insurance Industry. He was at various times with Liberty Assurance Company Limited, Ban-Doy Brokers Company, Femi Johnson &Company (Insurance Brokers) and Unitrust Insurance Company Limited. His wealth of experience over the years has exposed him to various facets of Insurance management, General Management, General Underwriting, Marketing and Information Technology.

Wale Onaolapo obtained a diploma in Journalism from the London School of Journalism, UK. He is also an Associate member of both the Chartered Insurance Institute of London and Nigeria. He holds the Master of Business Administration [MBA] with special emphasis in Marketing Management from the Lagos State University, Lagos, Nigeria. Wale is also an alumnus of the prestigious Lagos Business School having passed through the Advanced Management Program (AMP 12) of the Institution. He has been exposed to advanced training on technical and managerial related courses both locally and abroad. An astute underwriter with a very keen preference for details, Onaolapo is passionately committed to insurance profession and the interest of the insurance industry in Nigeria. He currently serves on the Governing Council of the Chartered Insurance Institute of Nigeria (CIIN). Onaolapo also serves as a Director on the Board of several blue-Chip Organizations in Nigeria.

Adeola Akerele, managing director,
Akere is a graduate of Insurance from Lagos State Polytechnic where he obtained the Higher National Diploma in Insurance with Distinction in 1993. He also holds an MBA degree from the Federal University of Technology, Akure Ondo State.
Adeola is a Fellow of the Chartered Insurance Institute of Nigeria (FIIN) and he became an Associate member of the Nigerian Council of Registered Insurance Brokers in 2004. He is a versatile insurance practitioner and an academic of repute with well over Eighteen years’ experience in Insurance practice, all in the Insurance Broking sector.
Adeola Akere gathered his wealth of experience from Guvnor Insurance Consultants and Boof Africa Insurance Brokers. He was the General Manager/CEO of Haymill Insurance Brokers Limited in 1996 and Henry Phillipson Insurance Brokers Limited between 1996 t0 1999. He joined PSIBL Insurance Brokers Limited as the pioneer General Manager in 1999 and rose to be the CEO, his position until he left in 2012 to join Davisther Brokers Limited as the Managing Director/CEO.
Adeola has attended several training programmes, conferences and seminars on Insurance technical operations, Marketing and Management. He has particularly attended several courses and seminars on Oil, Gas and Energy insurance.

Adekoya Mufutau, head, Reinsurance Broking & Business Development

Adekoya Mufutau  is an astute Insurance/Reinsurance professional with over twenty years working experience covering insurance underwriting, reinsurance, marketing and claims administration.
He is a graduate of Insurance from the Institute of Management and Technology (IMT) Enugu where he obtained the Higher National Diploma in Insurance and capped it with an MBA degree from the Federal University of Technology, Akure (FUTA), Ondo State. He became an Associate member of the Chartered Insurance Institute of Nigerian (AIIN) in 1997.
Adekoya has an extensive experience in the insurance and reinsurance field accumulated successively over the years having worked at Refuge Insurance Company Limited, AIICO Insurance Plc., Universe Reinsurance Company Limited and Continental Reinsurance Plc., where he rose to the position of Senior Manager (Operation and Technical Services) and responsible for the establishment of the central claims department for the organization before he left in 2013.
He is an alumnus of the prestigious University of Cape Town (Graduate School of Business) in South Africa and Lagos Business School in Nigeria where he completed the Programme for Management Development (PMD) and Senior Management Programme (SMP) respectively. He has attended several training programmes, conferences and seminars both locally and internationally. He is an excellent team player.

Bamidele Akande, head, Client Services/Technical Operations

Akande, is a proficient insurance professional with over twenty years experience covering insurance underwriting, marketing and claims administration.

He started his working career at Empowerment and Action Research Centre (EMPARC), then at Iwaya, Yaba, Lagos as a Research Officer in 1993 and later joined Law Union & Rock Insurance Plc the same year. Whilst at Law Union & Rock, he headed the Accident & Engineering Department as well as Financial Institutions Unit.

He moved to Cornerstone Insurance Plc. in 2002 and rose to the position of Senior Manager, Head of Central Claims Unit having headed Core Clients Unit and Island Brokers Market respectively. His tenure as the Head of Central Claims Unit was remarkably known for prompt and effective clients’ service delivery.

An alumnus of the prestigious Swiss Insurance Training Centre (SITC), Zurich, Switzerland, Bamidele obtained a Second Class Upper division in Sociology from the University of Jos in 1991 and an MBA in International Business Management from the Lagos State University in 2005.

He was the Chairman, Accident Offices Committee (AOC) of the Nigerian Insurers Association (NIA) 2007/08. He is also an associate of the Nigerian Institute of Management and the Chartered Insurance Institute of Nigeria (CIIN). Bamidele, a good team player with extensive negotiating experience, excellent communication and customer management skills, he has attended courses both locally and abroad.

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