The company announced the appointment of several new directors who bring valuable expertise to the table.

These Non-Executive Directors, carefully selected in compliance with regulatory guidelines, will contribute to the company’s growth and reinforce its position as a trusted provider of insurance solutions.

The following distinguished individuals have been appointed as Non-Executive Directors:

Mr. Mariano Caballerro: With a wealth of experience spanning over two decades in the insurance industry, Mr. Caballerro brings a strong background in strategy and finance.

Currently serving as the Strategic Development Officer for AXA Africa, he has previously worked with Ernst & Young and Mazars, providing assurance and advisory services in the life insurance sector in Spain and the UK. He is a member of the Spanish Institute of Accountants and the Spanish Institute of Actuaries.

Ms. Melina Cotlar: Having amassed more than twenty years of experience specializing in actuarial and risk management, Ms. Cotlar assumes the role of Non-Executive Director.

She presently holds the position of Chief Risk Officer at AXA Madrid International Hub, and her prior engagements include working with PwC, where she managed the actuarial and risk management team.

Mr. Kola Adesina (Chairman): A prominent figure in various industries, Mr. Adesina is a seasoned entrepreneur with expertise spanning academia, insurance, finance, energy, trade, and diplomacy. He began his career in the insurance sector, showcasing exceptional selling skills and project management acumen.

Later, he joined the Sahara Group, a renowned energy conglomerate, where he significantly contributed to its growth through his remarkable sales and relationship management abilities.

Furthermore, Mr. Adesina has served on the Presidential Committee on the Accelerated Expansion of the Electricity Infrastructure in Nigeria, which led to the unbundling of PHCN’s successor companies. He currently holds positions on the boards of Sahara Group Ltd, Ikeja Electric, Egbin Power Plc, First Independent Power Ltd (FIPL), and Port Harcourt Electricity Distribution Company (PHEDC).

Mr. Adesina has been honored with the prestigious Member of the Order of the Federal Republic (MFR) award by President Muhammadu Buhari and is also a Fellow of the Nigerian Society of Engineers.

Accompanying these appointments is the designation of Chief Gbola Akinola, SAN, as the Non-Executive Director representing Minority Shareholders.

Chief Akinola is a highly respected arbitrator and practicing lawyer renowned for his extensive experience in corporate and commercial law. Admitted to practice as a solicitor and barrister of the Supreme Court of Nigeria in 1987, he has excelled as a skilled advocate and commercial legal advisor.

Chief Akinola was appointed as a Notary Public in May 1998, became an Associate of the Chartered Institute of Arbitrators in November 1999, and achieved the prestigious rank of Fellow of the Chartered Institute of Arbitrators in January 2000.

In recognition of his remarkable contributions, he was honored with the title of Senior Advocate of Nigeria in 2022.

These appointments represent AXA Mansard Insurance Plc’s commitment to strengthening its leadership team and furthering its mission to provide exceptional insurance services to its valued customers.

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The Pan-African underwriting firm also posted a Gross Premium Written (GPW) of N11.4 billion, marking another successful year for Sanlam, which rebranded from FBN General Insurance Limited in September 2022.

Sanlam Nigeria is now wholly owned by the Sanlam Group, South Africa, following the divestiture of FBN Holdings’ 65% stake in June 2020.

According to a statement signed by Sanlam General Insurance Nigeria Limited’s manager, Marketing & Corporate Communications, Ajibola Liyide, the company’s Managing Director/CEO, Bode Opadokun, “N11.4 billion GPW reflects Sanlam General Insurance Nigeria Limited’s ability to provide high-quality insurance services to its clients, leading to continued financial growth.”

“The company’s financial success in 2022 is a testament to its commitment to providing innovative solutions to meet the diverse needs of its clients, offering both personal and business insurance products.”

Opadokun restated the company’s commitment to satisfying its clients, noting that “we take our business of risk management very seriously, and there is no gainsaying that the settlement of genuine claims is our primary obligation to our esteemed policyholders.”

He reassured the customers of the firm’s ongoing commitment to keeping their trust while upholding its status as a top insurance brand in the market.

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