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BOARD OF DIRECTORS


                         MRS FUNMI BABINGTON-ASHAYE
     MD/CEO
          
One of Nigeria’s Leading Risk Underwriters, Mrs Funmi Babington-Ashaye, is the Managing Director/ CEO of Risk Analyst Insurance Brokers Limited and current President of Chartered Insurance Institute of Nigeria (CIIN) in recognition of her wealth of experience and contribution to the Insurance Industry in Nigeria. Babington-Ashaye, former Managing Director/ Chief Executive of Cornerstone Insurance Plc and NICON Insurance Plc, holds a Master’s Degree in Business Administration. She is an Alumnus of Lagos Business School and a Fellow of both the Chartered Insurance Institute both of Nigeria and United Kingdom.


Babington-Ashaye started her insurance career with Royal Exchange Assurance Plc and later joined Cornerstone Insurance Plc as a pioneer staff in 1991 as an underwriter in Accident dept. She has won various awards including JC’s Lepine Prize Award by Chartered Insurance Institute London in 1990. In the same year, she also emerges as the overall Best Female student in the professional Examination (CIIN). In 2007, she won WEAN (Women Entrepreneur Achievers award) in Non-Banking sector.

During her tenure in Cornerstone Insurance, she worked in various departments, underwriting, reinsurance, claims, information technology, and special risk, Oil and Gas, Aviation. She rose from level of a manager to Managing Director of the company spanning about 18years. She introduced several innovations among which is Saturday Insurance, the first in the Nigeria insurance industry and she grew the turnover of the company by 80 percent within one year and successfully recapitalised the company.

She is a seasoned underwriter with over 30 years cognate experience in the insurance industry.

She has attended many courses in Nigeria and Overseas and currently serves on the governing council of the chartered Insurance Institute of Nigeria. She was appointed interim Managing Director of NICON Insurance Plc by the Federal Government to assist them in running the company as a going concern pending the resolution of the impasse between the insurance industry and the regulator (NATIONAL INSURANCE COMMISSION) and the core investor.

                         CHIEF (Mrs) Eniola Fadayomi (MON)
     DIRECTOR
          


With over 40 years of practice, Eniola Fadayomi is one of the Nigeria’s most well known Commercial Lawyers. She started her distinguished working career with Lagos State Ministry of Justice between 1972 and 1979. She was a member, Citizenship Committee and also the Executive secretary, Council on the Prerogative of Mercy. In 1980, she joined First Bank of Nigeria Plc as Legal Adviser. She was appointed Lagos state Attorney General & Commissioner for Justice in 1987 and served as member, Body of Benchers, Body for International co-operation in Criminal Prosecution and Enforcement, Council of Legal Education. She was a Senior Partner at the Nigeria’s oldest law firms of Messrs. Irving & Bonnar and Messrs. Bentley Edu & Co. between 1990 and 1998. She was also the Principal Partner of Eniola Fadayomi & Co. firm of Solicitors and Advocates between 1998 and 2002. Mrs. Fadayomi was the Senior Partner and Team Leader for the finalization of the US$785 Million OSO 11 (Condensate) Field Development Project owned by Mobil Producing Unlimited and the Nigerian National Petroleum Corporation (NNPC) in 1992. The Project was partly financed by equity from the sponsors and debt capital from the World Bank, IFC, US Export/Import Bank, Japan Export/Import Bank and the European Investment Bank. Mrs. Fadayomi also led the Legal Team which advised and negotiated the project financing, documentation and designing of the investment vehicle of the OSO-NGL Project, a gas utilization project, which was sequel to the OSO-Field Development Project, originally estimated at US$810 million. Mrs. Eniola Fadayomi has vast experience in negotiation of both local and international commercial contracts and in advising foreign companies investing in Nigeria. She has appeared before numerous Courts in Nigeria. She was formerly, Chairman, Afribank Plc and Atlantic Hall Education Trust Council and Millennium Harvest Limited respectively. She is currently the President of the Institute of Directors of Nigeria. A widely acknowledged Transaction Lawyer, Eniola Fadayomi is a respected expert in Corporate and Commercial Law and Practice.
                         Mrs Hannah Oyebanjo, BSc, MBA
     DIRECTOR
          


Hannah is the Chairperson of the Advisory Board of Redwood consulting Limited. She is the immediate past Marketing Director of GlaxoSmithKline, a multinational Pharmaceutical and Health Care Company, She has had over two decade experience in brand management, sales and marketing communications; specifically Advertising and Public Relations. Her rare experience covers both the client and agency sides of the business at very senior management levels. She is a motivational speaker, an author, a columnist and serves as faculty to some management, marketing and business training institutes. Hannah is a practical leader who is committed to assisting younger managers in maximizing their potentials. She has had diverse local and foreign trainings to equip and help her build a well-rounded career. She is the founder of Predictable Future Foundation, a multi award winner at various levels spanning academics, business and social basis.