AIICO Insurance Management

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


Average management tenure


Babatunde Fajemirokun



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

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


Average Tenure

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

Board Members

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


Average Tenure

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