AIICO Insurance Appoints Three New Directors to 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 details the professional backgrounds of Mr. Sadiq Mohammed as Independent Non-Executive Director, Mr. Tunde Mabawonku and Ms. Rolake Akinkugbe-Filani as Non-Executive Directors.
AIICO Insurance Plc has announced the appointment of three directors to its board, following receipt of no-objection approval from the relevant regulatory authority.
Mr. Sadiq Mohammed joins as Independent Non-Executive Director. He brings over 33 years of experience across financial markets, asset management, pensions, infrastructure and real estate. He spent 28 years at ARM Group in senior roles including Deputy Group CEO and MD/CEO of ARM Pension Managers, and previously chaired FMDQ Clear Limited. He is the founder and CEO of Hexium Investments.
Mr. Tunde Mabawonku joins as Non-Executive Director. He currently serves as Executive Director of Finance, Retail and Digital Business at Wema Bank Plc and has over 25 years of experience in banking and financial management. He holds a master's in finance from London Business School and is a Fellow of ICAN.
Ms. Rolake Akinkugbe-Filani joins as Non-Executive Director. She is the Founding MD/CEO of EnergyInc Advisors and has nearly two decades of experience across financial services, energy, capital markets and development finance. Previous roles include GM/Head of Investor Relations at Zenith Bank Plc and senior positions at FBNQuest Merchant Bank and Ecobank Group.