AIICO Insurance Appoints Three New Directors to Its Board
AIICO Insurance Plc filed a corporate action notice on May 25, 2026 announcing the appointment of three new directors to its board following no-objection approval. The filing profiles the backgrounds of Sadiq Mohammed as Independent Non-Executive Director, and Tunde Mabawonku and Rolake Akinkugbe-Filani as Non-Executive Directors.
AIICO Insurance Plc has announced the appointment of three directors to its board, disclosing that regulatory no-objection approval was received before the appointments were made. The filing was dated Lagos, May 25, 2026.
Sadiq Mohammed joins as an Independent Non-Executive Director. He brings over 33 years of experience across financial markets, asset management, pensions, and infrastructure. He spent 28 years at ARM Group in senior roles including Deputy Group CEO and MD/CEO of ARM Pension Managers. He previously chaired FMDQ Clear Limited and holds qualifications from Harvard Business School, Carnegie Mellon University, and the University of Geneva.
Tunde Mabawonku joins as a Non-Executive Director. He currently serves as Executive Director of Finance, Retail and Digital Business at Wema Bank Plc, with over 25 years of experience in banking and finance. He is a Fellow of both ICAN and the Chartered Institute of Taxation Nigeria, and holds a Master's in Finance from London Business School.
Rolake Akinkugbe-Filani also joins as a Non-Executive Director. She is the Founding MD/CEO of EnergyInc Advisors and brings nearly two decades of experience across capital markets, energy finance, and development finance. Previous roles include senior positions at Zenith Bank, FBNQuest Merchant Bank, and Ecobank Group.
