AIICO Insurance Plc

NGSE:AIICO Stock Report

Mkt Cap: ₦23.1b

AIICO Insurance Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure

CEO

Babatunde Fajemirokun

7.67yrs

Tenure

Mr. Babatunde Fajemirokun, A.C.I.I., B.A., M.B.A. & M.Sc., is the Managing Director and Chief Executive Officer at AIICO Insurance Plc (“AIICO”) since August 14, 2019 and was its Chief Operating Officer. H...

Leadership Team

NamePositionTenureCompensationOwnership
Babatunde Fajemirokun
Group MD3.42yrsno data0.32%
NGN 73.8m
Oladeji Oluwatola
Chief Financial Officer4yrsno datano data
Adewale Abass
Executive Director of Technical & Executive Directorno datano datano data
J. Atanda
Assistant General Manager of Human Resources & Administrationno datano datano data
Olurotimi Aleshinloye
Head of Strategy & Corporate Communicationsno datano datano data
Olatunbosun Oduniyi
Head of Corporate Businessno datano datano data
Abiodun Adebanjo
Chief Risk Officerno datano datano data
Olusanjo Shodimu
Chief Digital & Innovation Officer0.25yrno datano data
Iyabo Adeniran
Head of Group Life Business3.33yrsno datano data
Titilola Okunlola
Head of Technical – Retail Business3.33yrsno datano data
Ezekiel Olukolajo
Head of Non-Life Technicalno datano datano data
Akinsola Akinsola
Head of Oil & Energyno datano datano data

3.3yrs

Average Tenure

Experienced Management: AIICO's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Babatunde Fajemirokun
Group MD7.67yrsno data0.32%
NGN 73.8m
Adewale Abass
Executive Director of Technical & Executive Director5.25yrsno datano data
Kundan Sainani
Chairman8.17yrsno datano data
Ademola Adebise
Non-Executive Director6.83yrsno data0.00013%
NGN 30.0k
Samaila Zubairu
Independent Non-Executive Director6.83yrsno datano data
Olalekan Akinyanmi
Non-Executive Director4yrsno datano data
Raimund Snyders
Representative Non-Executive Director3yrsno datano data
Oluwafolakemi Edun
Non-Executive Director4.25yrsno datano data

6.0yrs

Average Tenure

Experienced Board: AIICO's board of directors are considered experienced (6 years average tenure).