Mutual Benefits Assurance Appoints Ashiru-Mobolaji as Director

By Modupe Gbadeyanka

Mr Biyi Ashiru-Mobolaji has been appointed as the Executive Director in charge of Operation at Mutual Benefits Assurance Plc.

Mr Ashiru-Mobolaji’s appointment was made by the Board of Directors of the firm and it takes effect from April 1, 2017, though subject to regulatory approvals.

In his new role, Mr Ashiru-Mobolaji will oversee the Technical and Marketing & Distribution Channels of Mutual Benefits Assurance Plc.

He is a Chartered Insurance Practitioner with a Higher National Diploma in Insurance from the Polytechnic Ibadan in 1996, an alumnus of Lagos State University, where he bagged a Master in Business Administration (MBA) in 2005 and Lagos Business School where he attended the Senior Management Programme in 2007

He began his career with a stint in Femi Johnson Insurance Brokers in 1992, where he had his first practical experience by working in the Executive Support Unit.

In 1998, he joined Mutual Benefits Assurance as a management trainee in the Technical Department.

The next year, he became the youngest employee to qualify as a Chartered Insurance Practitioner in the company.

He rose through the ranks and became a Senior Manager in 2007 following which he was deployed to pioneer the Micro-Insurance Department after a comprehensive training with International Cooperative and Mutual Insurance Federation (ICMIF) in Manchester, United Kingdom.

After successfully establishing the micro-insurance department and placing it on a pedestal of growth, He was challenged by being transferred in 2009 to the Republic of Cameroon as the Chief Executive Officer of Assurances Generales Du Cameroon, a subsidiary company of Mutual Benefits Assurance Plc. He held this position for 3 years and turned around the fortune of the company and put it on the path of profitability.

On his return to Nigeria in 2012 he became the Head of Technical Operations. In 2013 he became Deputy General Manager Business Development and in 2016 General Manager heading the Marketing and Distribution Directorate of the company before his new appointment.