Mobirise Web Generator

BOARD OF DIRECTORS

Mr. Suleiman I. Umar: Chairman

Suleiman I. Umar is the current Chairman, board of directors of Mutual Equity Insurance Brokers Limited He joined the board in year 2017, bringing his extensive board room experience to bear in the operations of the company. Prior to his joining the board, has served as the Managing Director, Tofa Textiles Ltd since 2006. He has over 15 years experience in the manufacturing sector. He is on the National Council of the Manufacturers Association of Nigeria (MAN) and Former Chairman of the Kano (Bompai) Branch of the Association. He is also a member of the governing council of the Federal Polytechnic Damaturu, He sits on the Board of a number of companies. An astute business man with almost 20 years experience in management, manufacturing and service delivery. His involvements also extend into the areas of hospitality and tourism, farming, capacity building and advocacy. His other interests include textile and garments, food and beverage production. He has also served on various Committees on manufacturing, business climate, revenue harmornisation and power. Suleiman is an Alumnus of the Middlesex University and Staffordshire University, UK..

Mr. Peter .O. Akinola: Director

Mr. Akinola was the pioneering Chief Executive Officer of Wapic Life Assurance Limited. He was the CEO for over six years from March 2007 to March 2013 during which the company posted sterling performances from year to year. The company’s premium income under his watch peaked at 1.5billion NAIRA in 2009 and occupied the 9th position only to dip slightly owing to the global melt down that prevailed between 2009 and 2011. 

His tenure witnessed the introduction of many new and niche products that were used to pilot the company into the league of top 10 operators and a reference point in underwriting leadership of the market, claims and corporate governance. He has also worked with Nigerian Life & Pensions Ltd, African Alliance and the defunct Nigerian French insurance company limited, where he served at various levels especially as top management staff in some of these organizations. He has a total of 28 active years of work experience. During this period he worked in all the key functional departments of a life office. By experience and training, Mr. Akinola possesses great skills in underwriting, marketing, and servicing and reinsurance administration.

He is an alumnus of the prestigious university of Lagos (Unilag) from where he graduated in1989 with a BSc degree in Actuarial Science and he also bagged a professional certificate, C.I.I.N. In life insurance and pensions in 1997. 

He joined the board of Mutual Equity Insurance Brokers Limited in year 2017, bringing his vast years of experience in the insurance industry to the company

Anetor Iwobhor – Executive Director (Marketing/ Business Devt.) 

A graduate of Insurance from the University of Lagos. He also holds an MBA Degree in Financial Management as well as being a chartered Economist.

Anetor Iwobhor started his working career over twenty-two years ago after graduation as an Investment and Treasury Officer at KANEM INVESTMENT LIMITED. Later he set up a Risk Management and Insurance Services as the Managing Partner. In 1995, he co-founded a Stock broking Company, Nova Finance and Securities Limited as Pioneer General Manager, Market Development. Hungry to widen the market, he joined another group to set up another broking firm as director as well as Executive Vice President, the growth of both companies lead to the formation of a subsidiary, a shipping and logistic support company and he became the pioneer managing director. This new assignment made him to take courses in shipping locally and internationally with an advance diploma in shipping and logistics. Anetor Iwobhor is a member of several social organizations and widely travelled.

Mr. Bestman G. Abumere: Managing Director/CEO

Mr. Bestman G. Abumere is the Managing Director/CEO of the company, and a member of the board of directors. A graduate of Public Administration, he also has a Master’s Degree in Business Administration. He is an Associate of The Chartered Insurance Institute of Nigeria (Chartered Insurer). He is also a Member of Institute of Strategic Management of Nigeria (ISMN) and an Associate of Nigerian Council of Registered Insurance Brokers (Chartered). 

He has had extensive working and management experience in construction industry, business, purchasing and supply before joining the insurance industry in 1990. He started his career with the defunct Amicable Assurance Plc before moving to Nigeria-French Insurance Company as Agency Manager in 1993. In 1995, he joined Corporate Alliance Insurance Company Limited as a manager in the marketing department, and held various management positions before disengaging from the company now known as Alliance and General Insurance Company Limited (A&G) as an Assistant Director, Marketing/Business Development. During his ten years of service to the company, he had extensive experience in underwriting, claims administration and marketing respectively; He joined Mutual Equity Insurance Brokers Ltd in year 2005 as the pioneer chief executive officer.