AIICO Insurance Management
Management criteria checks 2/4
AIICO Insurance's CEO is Babatunde Fajemirokun, appointed in Aug 2019, has a tenure of 4.75 years. directly owns 0.32% of the company’s shares, worth NGN117.12M. The average tenure of the management team and the board of directors is 3.5 years and 6.6 years respectively.
Key information
Babatunde Fajemirokun
Chief executive officer
n/a
Total compensation
CEO salary percentage | n/a |
CEO tenure | 4.8yrs |
CEO ownership | 0.3% |
Management average tenure | 3.5yrs |
Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO
Babatunde Fajemirokun
4.8yrs
Tenure
Mr. Babatunde Fajemirokun, A.C.I.I., B.A., FCII, 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 Offi...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group MD | 4.8yrs | no data | 0.32% NGN 117.1m | |
Chief Financial Officer | less than a year | no data | no data | |
Executive Director of Technical & Executive Director | no data | no data | no data | |
Assistant General Manager of Human Resources & Administration | no data | no data | no data | |
Chief Risk Officer | no data | no data | no data | |
Chief Digital & Innovation Officer | 1.6yrs | no data | no data | |
Head of Group Life Business | 4.7yrs | no data | no data | |
Head of Technical – Retail Business | 4.7yrs | no data | no data | |
Head of Non-Life Technical | no data | no data | no data | |
Head of Oil & Energy | no data | no data | no data | |
Head of Northern Region | no data | no data | no data | |
Head of Retail Business Division | 2.3yrs | no data | no data |
3.5yrs
Average Tenure
Experienced Management: AIICO's management team is considered experienced (3.5 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group MD | 9yrs | no data | 0.32% NGN 117.1m | |
Executive Director of Technical & Executive Director | 6.6yrs | no data | no data | |
Chairman | 9.5yrs | no data | no data | |
Non-Executive Director | 8.2yrs | no data | 0.00013% NGN 47.6k | |
Independent Non-Executive Director | 8.2yrs | no data | no data | |
Non-Executive Director | 5.3yrs | no data | no data | |
Representative Non-Executive Director | 4.3yrs | no data | no data | |
Non-Executive Director | 5.6yrs | no data | no data | |
Non-Executive Director | 1.6yrs | no data | no data |
6.6yrs
Average Tenure
Experienced Board: AIICO's board of directors are considered experienced (6.6 years average tenure).