An innovative and transformational leader, ‘Funmilayo Omo brings over 25 years of experience and a proven track record of success into her role as the Managing Director of African Alliance Plc. She began her professional career in 1991 at African Alliance, before it was listed on the Nigerian Stock Exchange, as the Head of Department, Individual Business. Her drive and penchant for excellence led to her promotion to the position, Head of Technical, Insurance Operations, where she successfully led the retail marketing team to expand the business volume by over 1000%. Following that, she rose to the position of the Chief Operating Officer in 2006, where she was solely responsible for providing strategic direction for the company’s business operations.
In 2012, Funmilayo resumed the position of Executive Director, Operations at African Alliance Plc, overseeing an 80-staff team comprising of three departments. There, she doubled the gross premium income of the company within 3 years. During the period, she pioneered the design of the annuity products of the company boosting the annuity product range of African Alliance Plc to become a top-3 market player in the industry. She was credited for championing the design of the life administration application and supervising the transition of African Alliance Plc from semi-automated application usage to fully automated management; a change that saved the company countless man hours, thereby improving efficiency and turnaround time.
As an innovative leader with a keen insight into the insurance market terrain, Funmilayo pioneered the design, modelling and marketing of Takaful in African Alliance Plc as the pioneer family Takaful Office in Nigeria. She also developed and successfully launched micro insurance as a Strategic Business Unit in African Alliance Plc. In addition to her BSc. (Hons.) degree in Insurance from the University of Lagos, Funmilayo is an Associate Member of the prestigious Chartered Institute of Insurance, London, an Associate Member of the Nigerian Institute of Management and an Associate Member of the Certified Pensions Institute of Nigeria. She is an alumnus of the Lagos Business School and the China Europe International Business School (CEIBS). Funmilayo served on the Board of Trustees, Ajaokuta Steel Complex, Axiom Air and National Iron Ore Mining Company (NIOMCO) until 2016. She currently serves on the board of Frenchies Food, as well as on the board of PAL Pensions Alliance, an associate of African Alliance Plc.
With over 25 years of experience, Olabisi A. Adekola currently serves as the Executive Director and Head of the Finance Department at African Alliance Insurance Plc. She began her career in 1990 as a Data Entry Officer at Nigerian Hoeschst Plc. She served in various capacities within the finance unit prior to joining African Alliance Insurance Plc in 1997 as an Assistant Superintendent in the Finance Department. In 2000, Olabisi was awarded the Best Staff of the Year in recognition of her performance in the company. Since then, she has excelled at various levels within African Alliance Insurance Plc.
Olabisi holds an MBA in Financial Management from the Lagos State University, as well as HND and National Diploma in Business Administration from the Federal Polytechnic, Ilaro. She is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), Associate Member, The Chartered Institute of Taxation of Nigeria (ACTI) and Associate Member, Institute of Chartered Accountants of Nigeria (ACA), among many others.
Phillips graduated from the Federal University of Technology, Akure, Ondo State, with a Bachelor of Technology (B. Tech) in Computer Systems. After his National Youth Service (NYSC) in 1989 he joined Computer Connections Limited, as a Trainee Software Engineer. He joined BS Computer Services in 1992 as a Senior Programmer and on that platform consulted across various Organisations.
Phillips later joined AIICO Insurance Plc as a Deputy Manager in July 1993. He worked as System Administrator and Head of Software Development. He rose to the position of a Senior Manager and Deputy Head of Information Technology department. He left AIICO Insurance after nine years of meritorious service and joined Solution Information Technology as a Senior Consultant, in June 2002. He joined African Alliance Insurance Plc in January 2005 as Head of the Information Technology Department.
He has extensive knowledge of information and telecommunications, current and emerging technologies, considerable knowledge of strategic planning, systems and project management. He is proficient in facilitating teams and in decision-making processes in a collaborative environment and has extensive group process and process improvement skills.
He is a member of the Computer Professional Registration Council of Nigeria (CPN) and Nigerian Computer Society (NCS). He is also a Fellow of the Association of Investment Advisers & Portfolio Managers (iapm)
Duke holds a B.Sc. degree in Economics from Ambrose Alli University, Ekpoma; PGD in Management from Delta State University, Abraka and an MBA from the Federal University of Technology, Akure.
He is an Associate Member of the Chartered Insurance Institute of Nigeria (CIIN) with over 20 years post qualification experience and also an Associate Member of the National Institute of Marketing of Nigeria (NIMN).
He started his career with African Alliance Insurance Company Limited in the Technical Department. He worked with the Company for over 10 years and left as a Senior Superintendent to join Cornerstone Trustees Ltd in 1999 as Assistant Manager and Head, Employee Benefits. He was seconded to Cornerstone Plc in 2001 to pioneer the establishment of the Life & Pension Department. He was a Deputy Manager and Head, Life & Pensions Department.
In 2003, he joined British American Insurance Company Plc as a Senior Manager and as Head of the Marketing Department of the Company and served the Company until August 2007. He worked with Capital Express Insurance Company Limited between 2007 to early 2010 as a Senior Manager in-charge of the Technical Operations. He rejoined African Alliance Insurance Plc in April 2010. He was the Deputy Head of the Marketing Department and the Head Corporate Marketing from 2010 to January 2017. Duke is currently an Assistant General Manager and Head of the Marketing Department of African Alliance Insurance plc. He has attended several training courses, seminars and workshops in both within and outside the country.
Ayo Osisanya attended the University of Lagos and graduated with a B.Sc degree in Actuarial Science in 1986. Ayo holds an MBA in financial Management from the Lagos State Universit. She is a member of the Professional Risk Managers’ International Assocation.
Ayo started her working career in African Alliance in 1987 and has been involved in several projects, product development and actuarial services in the company. She also worked as the controller Technical, assisting the Head of the Technical Department for several years. She has attended several training courses, seminars, conferences and workshops both within and outside the country. Ayo is currently heading the Risk and Compliance Department of the Company.
Amaka Okafor graduated with a degree in Accounting from the Enugu State University of Science & Technology in 1999. With close to 10 years core business development experience in Insurance, Amaka has worked for key Industry players such as UnityKapital Assurance and UBA Metropolitan Life.
A member of the Chartered Institute of Management Accountants (CIMA), Mrs. Okafor anchors African Alliance’s Marketing Operations in Abuja & across Northern Nigeria.
Bode Raji attended the Federal College of Education (Technical) Akoka, Lagos and Ogun State University, Ago-Iwoye (now Olabisi Onabanjo University) where he graduated with a B.Sc in Accounting. He was enrolled in Ladoke Akintola University of Technology where he took an MBA in Financial Management and later had a Master of Science (M.sc) in Business Administrations and Management at the National Open University (NOUN)
Raji is an Associate Member of Chartered Institute of Accountants of Nigeria (ICAN), Associate Member of the Nigeria Institute of Management (NIM), an Associate Member of Chartered Institute of Economics. Raji is also a member of Association of Certified Anti-Money Laundering Specialists (ACAMS) based in Florida, USA.
Bode, as he was fondly called is also a Certified Forensic Accountant, a certification obtained from the Institute of Chartered Accountants of Nigeria (ICAN) and an Associate member of Chartered Institute of Taxation of Nigeria.
He started his career in the Finance Department of the Company in 2000 where he worked for eight years and rose rapidly in various positions of escalating authority and responsibility before moving to Internal Audit in 2010. He has attended various Courses, Seminars, Conferences and developmental programmes both locally and internationally and outside the Industry. He has also participated actively in various projects and several software development and key work process automation initiatives of the Company. He has served as Chief Compliance/Risk Officer and Head of Internal Audit and Control for the Company before now.
Bode is currently the Deputy Head of Finance of African Alliance Insurance Plc.