Meet African Alliance Staff Kemdi Olalekan!

Posted on: 25th Jul 2019

African Alliance is giving customers a closer look to the dedicated staff behind the success of the Life Insurance brand.

Every week, a staff will share their story to give you an inside look to working with African Alliance Insurance Plc. Kemdi Olalekan shares her dynamic African Alliance story below.

Kemdi Olalekan

I am Kemdi Olalekan and I’ve been blessed to work here at African Alliance for over a decade now, 11 years to be precise (since 2008). I’m currently in the Technical (Customer Care) department and it gives me so much joy to be put in a position where I’m able to dish out customer satisfaction on a daily basis.
My colleagues here at AA are like family. They are thoughtful and very kind people and we have come to learn how to love and tolerate one another. I’ve learned to be patient in my time here and also how to share everything from knowledge to things that are both official and unofficial.

Kemdi Olalekan

African Alliance has given me a sense of purpose. Its current MD, Mrs. Funmi Omo (@funmiaomo )has a lot to do with that as she’s a huge inspiration to us all.
I live for my kids and when I’m not at work, I enjoy spending time with them and cooking for my family. I enjoy a good plate of Delta eba and oha soup. I’m a foodie who loves to cook and everybody knows (even those at work). I also enjoy reading and indulging in movies. My favorite book has to be “See You at The Top” by Zig Ziglar and for movies, I think “GOT” and “Empire” are really good TV series.
The most exciting day of my life remains my wedding day to my lovely husband and if I had a million dollars, I’d invest it in real estate, agriculture and also pay up on premiums for my current life insurance!

Meet the African Alliance Staff Francess Isiuwe

Posted on: 18th Jul 2019

African Alliance is giving customers a closer look to the dedicated staff behind the success of the Life Insurance brand.

Every week, a staff will share their story to give you an inside look to working with African Alliance Insurance Plc. Francess Isiuwe shares her dynamic African Alliance story below.

My name is Francess Isiuwe, a graduate of Mass Communication and I started working here at African Alliance last year. Prior to my reassignment to AA, I first crossed paths with the company after being employed by her sister outfit, the Agency Operation Branch in February 2016. I was formerly in the Finance department but have now found a new home in Technical (Customer Care). My job is absolutely wonderful as it has really boosted my confidence in customer relations in more ways than one. Being able to communicate effectively and practice the fine art of relationship management is what I’m afforded here at AA.

The staff at African Alliance are very team-spirited individuals and we’re able to carry out our
responsibilities seamlessly with a unique level of synergy. These people are practically family to me. I recall an incident where I was sick and even though my body hadn’t gotten the memo yet, my boss was able to spot that something was off and sent me home. She was right and even sent me back home when I returned earlier than expected until I was perfectly okay. An ordinary work colleague wouldn’t do that, only someone who is family would.

I love my job but besides it, I also love a good adventure and so I like to travel. When I’m not traveling, I’m probably eating yam and beans or making out time to chill at Zen Bar.
If I had a million dollars, I’d invest in makeup and life insurance – I have four policies at the moment.

Nigerian Women with Resilient Spirits that Inspire Us

Posted on: 20th Mar 2019

In today’s world, it is truly breathtaking and quite inspiring to see what a woman can achieve. For too long a time, the world was perceived and previously thought to belong to the man. However, what history has done over and over again is to remind us that women are just as tough, can be just as rugged and are quite the goal-getters, they can work and enjoy life, get partners and use toys with them like exceptional clit sucker but they can also work and have great careers as well. For a people previously denied the opportunity to excel and reap the fruits of their labor, they sure are resilient and it is downright inspiring to see what a woman can achieve even against all odds. If you want to add some thrill in your life, you can play games such as 토토커뮤니티.

In this article, we would do our best to take a look at a few women of Nigerian descent, who possess spirits so resilient that their reputation precedes them wherever they go. These Nigerian women have done their best to break the status quo and have redefined the parameters for success. They are focused, highly driven, result-oriented and passionate about their endeavors.

We would do our best to briefly highlight some of these women while touching on just a few career paths that they have chosen. Some of these Nigerian female superheroes include;

1. Folorunsho Alakija.

This enigma of a woman has been blazing the trail for as long as anyone can remember. She managed to stand out in a business heavily (if not solely) dominated by men. An oil and gas merchant and fashion designer, Mrs. Alakija is a phenomenon to be reckoned with.  One time the richest black woman on the planet (in 2014), she’s enjoyed successes in most of her business endeavors especially Famfa Oil.You can also seek the help of  experts from Renegade Wireline Services as they can provide correct and exact information to maximize asset recovery and diagnose down-hole problems that hinder full and profitable production.

2. Chimamanda Ngozi Adichie.

Mostly known for being a writer and activist, Chimamanda is nobility in the eyes of the Nigerian/African woman. Her influence comes from her resilient spirit as she is well-known for her numerous battles against the status quo. Over time, she has challenged systems that don’t enable the wholesome prosperity of the black woman. She is a prominent literary personality said to be one of the most respected Anglophone authors, non-fiction writers, and novelist.

3. Mo Abudu.

Once listed as one of the ‘25 Most Powerful Women in Global TV’, Mosunmola Abudu is a powerhouse when it comes to media and television. She is the CEO of EbonyLife TV, a TV channel airing in up to 47 African countries including the UK and the Caribbean. Mo Abudu is queen when it comes to movie-making and has churned out movies that have gone ahead to amass over N100 million in profit.

4. Funmi Omo.

As far as the Nigerian corporate environment is concerned, there are very few women in the game. One of such women is the outstanding Managing Director of African Alliance Insurance PLC, Mrs. Funmi Omo. Over the years, she has carved a niche for herself gradually rising through the ranks to emerge as the first female MD since the inception of African Alliance, one of Nigeria’s biggest and long-standing insurance companies.

5. Stella Chinyere Okoli.

She is unarguably the owner of one of the biggest pharmaceutical companies in Nigeria, Emzor Pharmaceutical. It’s been 42 years since the University of Bradford Graduate began her journey, having started out with a small pharmacy called ‘’Emzor Chemists Limited’’. Today, Emzor is valued as a multi-million dollar pharmaceutical company.

6. Ngozi Okonjo-Iweala.

This list is hardly complete without the mention of former Nigerian Finance Minister and one-time Managing Director of World Bank. She currently sits as a distinguished member on numerous boards like Standard Chartered Bank, Global Alliance for Vaccines and Immunization, the African Risk Capacity and even Twitter. Ngozi Okonjo-Iweala can be best described as the mitochondria of anything she lays her hands on.

7. Juliet Ehimuan.

Google’s country manager in Nigeria is the super intelligent Juliet Ehimuan. Her work profile boasts of nothing but flawless accomplishments. This bright and vibrant lady of excellent personage is a huge supporter and driver of youth engagement. In 2011, she was listed as one of the ‘20 Youngest Power Women in Africa’.

The women above are worthy of mention and are nothing short of inspirational. They have battled all obstacles and all forms of limitations (both natural and man-made), and have stood the test of time forging ahead to reach gold standard in their various fields.

The Financially Independent Woman: 3 Ways to become One

Posted on: 5th Mar 2019

There was a time the woman literally couldn’t take possession of what was hers or what she had earned. She labored hard but labored in vain, as in many countries women had come to be marginalized for decades over. This was the status quo until a new era emerged that saw women begin to fight tooth and nail in order to get their foot in the door. While this battle is still very much on-going, in this current dispensation a woman has way more opportunities than she’s ever been allowed to have.

Time has passed and today’s woman can seize the top-spot for herself and be almost anything she wants including and especially being financially independent. To become a president, or a CEO or to receive the highest honor at work (even a promotion) may or may not be a challenge for some women, but being a financially independent one is a hurdle every woman should be able to overcome. It takes diligence and dedication and of course a great deal of hard-work but it is definitely possible.

3 Ways a Woman Can Achieve Financial Independence.
No matter how much money you make, you can always aim for financial independence. Don’t be misled into thinking that you need to earn in millions before you can achieve this. We would just briefly discuss three (3) ways a woman can attain financial independence and they include;

1. Run on a Budget.
For virtually anyone (and that includes the woman), the roadmap to financial independence always starts with creating a realistic budget (with emphasis on the word “realistic”). You don’t want to create a budget that is too stringent so much so, that you can barely afford the basic things. It should be flexible and allow just enough spending that is necessary and not over-the-top. It is advisable for every woman irregardless of her current financial standing, to make sure she runs on a monthly (or even a weekly budget).

2. Be Money-conscious to avoid Impulse-buying.
The number one plague preventing many women from achieving financial independence is impulse-buying. This is why a budget is very necessary, however, this is a whole case-in-point on its own as even with a budget, if you’re not money-conscious, you will still fall under the very persuasive spell to buy anything in sight that catches your attention. You must learn to be intentionally money-conscious in order to break loose from the spell of impulse-buying.

3. Passive Income & Retirement Plans.
It is not nearly enough for any woman who is serious about financial independence to rely on one stream of income. Every woman should work towards earning passive income. It can be some form of entrepreneurship, or taking up investments or perhaps taking up a savings plan attached to any of the life insurance schemes from the stables of African Alliance. This can easily serve as your retirement plan as well. Planning for the future is essential to staying financially secure.

Women can empower themselves to do exploits when they’re financially independent. Money Empire is a site that posts celebrities’ net worth which can be a financial motivational tool. Money isn’t everything, but it sure makes the world go round. So before you set out to break boundaries and to achieve what was previously thought impossible, get your money up and be financially secure, you’ll have go farther and have more impact when you’re financially independent.

Single and Saving? It’s the best time to do so

Posted on: 4th Mar 2019

It is statistically proven that there isn’t a better time to save than when you’re still single. The responsibilities of a single person no matter how enormous is bound to double or even triple when he or she gets married. The wedding ceremony itself is where your finances first take its major hit, afterward, the spending streak continues. No one is trying to put off marriage or discourage the union of any two people, but we cannot deny the fact that having a spouse and having to take care of each other doesn’t come cheap.

There is a strong chance that you may end up depleting whatever little you may have saved if you haven’t been taken the necessary precautions to imbibe and practice a good savings culture. The risk of this happening is greatly reduced if, by chance or rather by intentional and deliberate efforts, both parties have been single and saving.

3 Ways to Help Single People Save.
At this juncture, let us take a look at some of the ways a single person can save up. They include;

1. Budgeting.
The effectiveness of budgeting can never be overemphasized. It is the singular most important rule for saving money anywhere. As long as you are a human being, you have wants, needs, and cravings here and there. This is a known fact and it applies greatly to the single person who has no restriction (or spouse) to curb his or her excesses. So what do you do? You make a budget and stick to it. Whether it’s a budget for groceries, entertainment and so on, make a budget and stick to it if you want to save money.

2. Keep the Relevant, Discard the Irrelevant.
A lot of single people hold on to stuff they don’t need. If you check very carefully, there are a few things in your space that you don’t need and are still in good and quality condition. Sell them! Find what you can sell or what you can have exchanged for something else that you intended to spend money on.

3. Investments.
There is a sizable portion of single people who believe making investments when still unmarried is a waste of time. Their rationale is that it will be better to build and make investments as couples so that it will cater to their needs as a family and that of their kids in the future. Unfortunately, this notion is ill-conceived and only puts you the single person at risk leaving you with not enough savings and no investment experience whatsoever. If you’re single or unmarried, this is the perfect time to make investments in order to get a hang of it. This way you are better prepared should you decide to get married and invest in the future.

4. Life Insurance.
If the amount of singles who don’t believe in investments is of sizable proportions, then the ones who don’t believe in life insurance as a healthy saving plan is three times that number. Unknown to them, insurance policies can be upgraded, updated and eventually merged. Life insurance is a great savings strategy and African Alliance has enough insurance schemes accompanied by good saving options that singles can benefit from.

There is a notion that being married makes an honest man or woman out of you. What this means is that you are more likely to take on the responsibility of securing your future (especially financially) when you get married. However, consider a scenario where even while you are single, you are able to exercise some good saving habits. It will benefit nobody else but you in both the short and long run.

Financial Partnership with Your Life Partner

Posted on: 6th Feb 2019

It’s the season of love and many of you who are coupled, engaged or married, thanks to dating sites like skipthegames Lexington, are basking in it. But while all of this is on-going, it is easy to forget or brush off some pertinent things such as finances in relationships. Whether you’re married and especially if you’re not yet hitched, talking about your finances as a couple is a crucial subject that should be properly ironed out in every relationship.

As mentioned earlier, the love shared between two people can be very powerful and many times, couples get carried away and neglect the subject of finances in the process. However, this should not be so as before going into official partnership (marriage) with your proposed life partner, you are both expected to discuss and create a financial plan that benefits the both of you. If for some reason you have not yet had this discussion and you’re already married (perhaps you have just been winging it) those days should quickly come to a halt as you now need to take more proactive steps towards your finances as a couple.

There are financial decisions, procedures, and steps both of you can take to ensure that you are both financially secure now and in the future.

1. Pulling Financial Resources Together.

Whether it’s in form of a joint savings account or some form of banking set-up created to allocate prescribed percentages of your income into a central account, you and your partner should endeavor to have some sort of money pond where you both throw in something each month or so. This is the kind of money talk you want to have before tying the knot. This way you’re sure that you’re not only marrying your life partner but that you’ve also got yourself a financial partner for life.

2. Joint Investments.

A couple can decide to invest in real estate (such as the Indianapolis real estate investment), bonds or any profitable and secure form of investment provided that they’re both in the know and aware of their vested interests. This will benefit each couple in the grand scheme of things and it is important to initiate as early as possible into the relationship (especially for married couples). If the couple is looking for cash home buyers colorado cimarron hills co, then check out this website: https://www.integrityhomebuyerscolorado.com/. It’s an easy transaction to offer and get more info about when you go to Tenerife Estate Agents homepage.

3. Life Insurance.

Nobody likes to talk about the end especially at the beginning. But we’ve found that it is exactly the best time to talk about it. At African Alliance, there are special life insurance covers for spouses that will be of great advantage to both parties. When the end finally comes (and we hope not soon enough), the surviving couple will be able to benefit immensely and when the dust settles you will come to realize that you both made the right decision.

Many relationships, marriages, and engagements have been known to take a huge hit as a result of a faulty or non-existent financial partnership between both couples. To avoid such an unfortunate situation, it is paramount that you adhere to some or all of the suggested ways you can go into financial partnership with your life partner as stated above.

5 Family-Friendly Places in Nigeria to Visit this Christmas Holiday

Posted on: 24th Dec 2018

Nigerians absolutely love the holidays with a special bias to Christmas. While it may be a religious holiday for many who are Christians, it is probably the most anticipated holiday in the country as even Muslims look forward to it. A lot has usually happened within the year and as it comes to an end, most people, most families just want to unwind.

Christmas around the world has managed to translate to spending time spent with family. Many people get so busy with their lives during the year, that they fail to make out time for family. You can fix all that by taking yourself and your family on a small vacation within the country. There are lovely places to visit for the holidays here in Nigeria. They are perfect for family bonding and also quite family-friendly too.

1  Obudu Cattle Ranch

The Obudu resort is probably still the leading vacation destination in Nigeria. Its exquisite natural flare mixed with a ton of enjoyable man-made inventions, all come together to make it a perfect vacation location for families. However if you also have an idea for invention and don’t know what to do next. A good services similar to InventHelp can help you for it is an invention service company that submits your idea to companies and offers patent referral services.

The resort is located in Cross-River state and has a huge water park with water slides embedded. It also has a remarkable swimming pool, options for horse-back riding and an actual golf course. If you want to practice horseback riding, you may find helpful tips at https://allabouthorses.org/.

Your family is in for a real treat at the Obudu resort. Its natural components support hiking through the forest to see birds, an exercise that is sure to inspire family-bonding.

2.       Tinapa Business Resort.

It is so well equipped for fun and relaxation, one can say it is the best version of  Disneyland in Nigeria. Tinapa is a leisure resort located in Calabar. It is specifically situated near the Calabar Free Trade Zone.

At the Tinapa resort, everything screams out fun for the whole family. When and if you do decide to visit, your itinerary would be filled with so many breathtaking activities it will create priceless memories.

The Tinapa is home to a cinema with as much as eight screening theatres, a mini amphitheater, dozens of restaurants and pubs and slides for the children.

3.       Lekki Conservation Centre

Located in Lagos state, it is probably the largest controlled natural habitat in Nigeria. You and your family will be duly entertained as you spot numerous animals loitering around the centre. From monkeys to tons of birds, to tortoise and sometimes reptiles in the swamp.

There are huts for picnics and a gigantic chess (floor) board with the pieces to match. Your family is going to have a great time over at the LCC.

4.       The Benin-City National Museum

As much as we want to have rigorous fun, the Benin City national museum offers a ton of historical knowledge for everybody in the family. Nevertheless, the fascination that comes with learning about these ancient artifacts can become very interesting and fun for the children.

The museum is home to items that tell a tale of the Benin empire. Objects made out of terra-cotta, bronze and cast iron, litter most parts of the museum.

5.       Abraka Turf and Country Club

Delta state is home to a turf and country club with suitable recreational activities for the whole family. It’s built like a savannah and encourages long walks, horse-back riding and lots of fun exercises for you and the kids.

Spending time with your family this holiday will further strengthen the bond that binds you all. Do so by visiting any of these family-friendly places this Christmas and be sure to make everlasting memories.

Meet African Funmi Omo, African Alliance’s CEO

Posted on: 18th Jul 2018

Funmi Omo is one of the few females occupying executive positions in the Nigerian corporate environment today. As the Chief Executive Officer of African Alliance Plc, it is her job to make strategic decisions that will position the company for growth. She also oversees a team of about one thousand employees, while ensuring that stakeholders’ expectations are met and surpassed.

She is a very experienced and qualified professional who has garnered nearly thirty years’ working experience in the insurance industry.

But how instrumental has she been towards the transformation of African Alliance’s daily operations? Read on to find out the answer to that.

Funmilayo’s early years and educational background

Mrs Funmilayo Omo studied Insurance at the University of Lagos, graduating in 1990 with a Bachelor’s of Science degree, even though she never planned to study Insurance. She admitted in an interview, that she had initially set out to study Accountancy, but was unable to meet the admission cut-off mark for that discipline, due to certain reasons. Fortunately, she ended up loving Insurance, despite her initial misgivings.

Mrs Omo with some of her friends.

Today, she is a trained life insurance underwriter, an Associate Member of the Chartered Institute of Insurance, London, an Associate Member of the Nigerian Institute of Management, as well as an Associate of the Certified Pension Institute of Nigeria.

Her early professional life and the long climb up the corporate ladder
Mrs Funmilayo Omo has nearly 30 years of professional experience in the insurance industry, all of which happened at African Alliance Plc. Right after her National Service year, she got a job with the company in 1991 as an Assistant Superintendent. Back then, the company was known as African Alliance Insurance Company Limited.

By 2004, she became the Controller of Technical Operations in the company, a post she held for exactly two years. This role required her to manage all of the company’s technical operations, including the development of corporate, business and product strategies. She was also responsible for the formulation of the company’s reinsurance and underwriting strategies, as well as risk assessment, underwriting of different classes of life insurance, actuarial valuation and administration of claims.

She was the company’s Chief Operating Officer between 2006 and 2012, providing direction for the company’s operations, while also managing core deliverables, including the formulation and implementation of business policies, strategic marketing plans/objectives, technical processes, etc.

From 2012 to early 2017, she served as an Executive Director (Operations) for the insurance company. This role had her overseeing an inter-departmental team of eighty people, in direct and indirect reporting lines. It was also while serving in this role that she recorded one of her biggest accomplishments yet — switching the company’s operations from semi-automated to a fully automated management system. This move is said to have improved efficiency and cut down on manpower.

Funmilayo became the company’s Chief Executive Officer in May 2017 and has since then held on to the position, driving “overall corporate strategic goals and purpose to meet and exceed expectations of our different stakeholders” as stated in her LinkedIn summary.

It is rather intriguing that Mrs Funmilayo has worked in the same company for nearly thirty years. But there is a reason why she has remained here all this while. As she stated in another interview a few years ago, “it is a good company and I have enjoyed every day of my work life here.”

But her career has not been all rosy…

Her career in African Alliance Plc has not been without its difficulties. She has, in the past, identified gender bias as one of the biggest challenges she ever had to grapple with during her slow climb up the corporate ladder. Fortunately, she never allowed the said challenge to deter her. Instead, it inspired her to work even harder. Today, she has managed to carve a niche for herself as an influential female business leader who has ensured innovation and growth. People can read this comprehensive article if they tips on how to get the leadership qualities.

Surprisingly, regardless of her numerous accomplishments, African Alliance has been fraught with a number of controversies. In April this year, the Nigerian Stock Exchange’s X-Compliance Report listed the company as one of the 38 firms that were fined over their inability to adhere to the minimum listing standards of the NSE, specifically, the failure to disclose audited financial reports for the year ended 2017. For this offense, the company was fined ₦46.1 million. Interestingly, as at June this year, the company was yet to disclose said financial report. This is happening under Mrs Funmilayo’s watch.

All these notwithstanding, she has been a fine business leader. Hopefully, she will manage to steer the company away from further infractions and continue to innovate growth in the company for as long as she remains there.

Original Article Published Here: NAIRAMETRICS