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AXA Mansard CEO Kunle Ahmed Emerges 26th NIA Chairman

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Kunle Ahmed 26th NIA Chairman

By Modupe Gbadeyanka

The chief executive of AXA Mansard Insurance, Mr Kunle Ahmed, has been elected the 26th Chairman of the Nigerian Insurers Association (NIA).

At his swearing-in ceremony last week at the 26th Annual General Meeting (AGM) of the group, the insurance expert expressed gratitude to past chairmen of the association for establishing a formidable foundation and steering the association on the transformational path.

He also extended his appreciation to his colleagues on the governing council, CEOs of member companies, the director general, management, and staff of the NIA.

Mr Ahmed further thanked the organisation for the confidence reposed in him, calling for the collective support of all stakeholders in the insurance industry to help him succeed. He emphasised the importance of members’ support and collaboration to enable her to take the association to a new height.

“While I pledge my unwavering commitment to the ideals of our esteemed association so we can continue to be a strong pillar of support for our members,

“I am also requesting your support and collaboration to move our association forward, especially at this crucial time in our nation’s journey to economic stability and prosperity,” the AXA Mansard chief said in his acceptance speech.

At the gathering, Mr Ahmed announced the appointment of Mrs Bola Odukale as the new Director-General/CEO of the NIA, effective July 2, 2024, and extolled the outstanding service of the outgoing occupier of the position, Mrs Yetunde Ilori.

According to him, her immense contributions and visionary leadership were instrumental to the repositioning of NIA as one of the cynosures of Nigeria’s financial services sector.

“It is no longer a secret that she will assume the presidency of the Chartered Insurance Institute (CIIN) in a bit. So we wish our dear Mrs Ilori resounding success in this new role,” he stated.

Congratulating Mr Ahmed, the Chief Client Officer (CCO) of AXA Mansard, Ms Rashidat Adebisi, said his election was another testament not just to his contagious passion, dedication, and hard work but also a timely call to service, to consolidate on the strong foundations established by the forebearers of NIA.

Ms Adebisi, who expressed her enthusiasm regarding Mr Ahmed’s new role, stated that, “For us at AXA, we are very proud of this feat achieved by Kunle.

“We also understand the enormity of his election at a time like this in the annals of our industry. So, as he takes on this role, we assure him, the governing council, and the management of NIA of our unalloyed support.”

She reiterated AXA’s continued commitment to support Its employees to contribute to the Increasing need to unlock the potential of the insurance sector in Nigeria, noting that AXA considers its talent development an Important part of strengthening the industry and will continue to encourage Its employees to bring their expertise and experiences to bear on the development agenda of all well-meaning stakeholders In the Industry.

AXA Mansard is a leading financial services provider committed to helping individuals and businesses achieve their financial goals. With a focus on insurance, asset management, health insurance, and pension fund administration, we strive to provide innovative solutions that meet the evolving needs of our clients, helping them progress in their daily lives.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Chemical and Allied Products Appoints Jethro Iruobe as Executive Director

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Jethro Iruobe

By Aduragbemi Omiyale

The chief operating officer of Chemical and Allied Products (CAP) Plc, Mr Jethro Iruobe, has been appointed as an executive director.

A statement from the organisation disclosed that the appointment is effective June 25, 2026.

In his new role, Mr Iruobe will participate in the formulation and execution of the company’s strategic priorities, provide executive leadership across critical functions, and contribute to its continued growth, sustainability and success.

The new board member joined the firm in 2019 as Head of Human Resources before growing to become the COO, with responsibility for Human Resources, Corporate Communications, Administration, Fleet and Commercial Excellence.

He has over 19 years of experience across a range of industries, including financial services, consulting, FMCG and manufacturing, having begun his career in banking before kicking off his HR career at KPMG and going on to hold senior roles at Promasidor Nigeria, Coca-Cola HBC and TGI Nigeria.

Throughout his career, he has supported organisations in building high-performing teams and driving sustainable business growth.

Beyond his corporate responsibilities, he is a columnist with Business Day Newspaper, a trained relationship counsellor and co-author, and a recipient of awards in both the human resources profession and other platforms.

Mr Iruobe holds a Bachelor’s degree in Mathematics and Economics from the University of Benin and a Master of Business Administration (MBA) from the Manchester Business School, United Kingdom. He is a certified Project Management Professional (PMP) and also holds the Global Professional in Human Resources (GPHR) certification awarded by the Human Resource Certification Institute.

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Board Picks Malolan Sampath as Champion Breweries CEO After Adoga’s Exit

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Malolan Sampath

By Aduragbemi Omiyale

Mr Malolan Sampath has been appointed as the new chief executive of Champion Breweries Plc, effective September 1, 2026.

The appointment of a new chief executive was approved by the board of the brewery giant following the resignation of Mr Inalegwu Adoga.

To ensure continuity during the transition pending Mr Sampath’s assumption of office, the board has appointed Mr Rasheed Ademola Adebiyi, Executive Director of Finance, to take charge of the affairs of the organisation.

In a statement, the board said it remains committed to the highest standards of corporate governance and to delivering a seamless leadership transition and sustainable value to shareholders and other stakeholders.

The new Sheriff in town, expected to take over next quarter, was described as an accomplished executive with over 26 years of international leadership experience across the beverage, FMCG, manufacturing and agro-industrial sectors, having built and led businesses up to $500 million in scale.

His beverage and brewing experience includes serving as Managing Director of Unique Beverages in Angola and as Sales & Marketing Director for a PepsiCo bottling franchise, in addition to earlier brewing-sector experience.

Most recently, he held the dual role of Managing Director (NPK Joint Venture) and Chief Marketing Officer at Indorama Eleme Fertilisers in Nigeria and previously served as Chief Executive Officer of Global Industries Limited, a Wilmar International joint venture in Zambia.

He holds a Postgraduate Diploma in Management (MBA) from the Symbiosis Centre for Management & HRD, Pune, and a Bachelor of Business Administration from the University of Chennai.

The board expressed confidence that his expertise in manufacturing excellence, commercial execution and business transformation will support the company’s strategic objectives and long-term growth.

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Julius Berger Appoints Muiz Banire, Chinazo Okoye to Board

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muiz banire

By Aduragbemi Omiyale

Erudite legal practitioner, Mr Muiz Banire (SAN), has been appointed to the board of a construction giant, Julius Berger Nigeria Plc.

He joins the board of the organisation as a non-executive director, with effect from July 1, 2026, alongside Mrs Chinazo Okoye, who is an alternate director to Dr Ernest N. Azudialu-Obiejesi.

A statement from the company secretary, Ms Cecilia Ekanem Madueke, said Mrs Okoye is a graduate of the University of Michigan, Ann Arbor, Michigan, USA, and holds a Bachelor of Science in Mechanical Engineering, Master of Engineering Degree in Mechanical Engineering from the Cornell University, Ithaca, New York, USA, and a Master of Science Degree in Professional Accountancy from the University of London, London, UK.

She is a Chartered Certified Accountant (ACCA) of the Association of Chartered Certified Accountants. She has worked in various positions in various companies and is currently the Managing Director of Amaranta Trading Limited.

As for Mr Banire, he is a graduate of the University of Lagos and holds a Master of Laws Degree as well as a Doctor of Philosophy Degree from the same university.

He was called to the Nigerian Bar in 1989. He also holds a Master Certificate in the Arbitration Master Course from the Lagos Court of Arbitration Training Institute. He was admitted to the Inner Bar and conferred with the rank of Senior Advocate of Nigeria (SAN). He is a Member of the International Bar Association, the Institute of Chartered Secretaries and Administrators, an Associate Member of the Chartered Institute of Arbitrators, a Fellow of the Institute of Transport Administration of Nigeria, and the Nigerian Institute of Management. He is registered with the Law Society of England.

He had served in various capacities in the Legal profession, academic community and publicly. He was conferred with the National Honour of the Officer of the Order of the Niger (OON).

He is the Founder and Principal Partner, M. A. Banire & Associates, Member of the Board of Trustees, Fountain University, Osogbo, Osun State, and Pro-Chancellor of the University of Uyo, Akwa Ibom State.

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