Ilesanmi Resumes As CHI Life Assurance MD

A financial services group, Consolidated Hallmark Holdings Plc, has appointed Mr Tope Ilesanmi as the managing director/CEO of CHI Life Assurance Limited.

He replaces Ose Oluyanwo, the pioneer managing director, who has since taken on a new strategic leadership role in the Group.

Similarly, Patience Ugboajah has been appointed as executive director, Operations for the new Life Assurance arm of the Group. Other new non-executive board appointments are Bode Opadokun and Folashade Onanuga, as all the appointments have been duly approved by the National Insurance Commission (NAICOM).

Tope Ilesanmi is an Associate member of the Chartered Insurance Institute of

Nigeria (CIIN) and the National Institute of Marketing of Nigeria. He is a dynamic and seasoned insurance professional with nearly three decades of experience in risk management, underwriting, claims administration, reinsurance and marketing.

Similarly, Patience Ugboajah joins the CHI Life Assurance Limited board as the executive director, Operations. She is a seasoned insurance executive and transformation leader with over 18 years of experience spanning strategy, operations, technical functions and business development across leading Nigerian insurance institutions.

Bode Opadokun is a multi-versatile, prudent insurance professional with over two decades of experience in underwriting, marketing, and executive managerial positions. He is the immediate past Managing Director of Sanlam General Insurance Nigeria and was Managing Director of the Nigerian Agricultural Insurance Corporation.

Folashade Onanuga is a Chartered Insurance Practitioner with over 30 years’ experience in pension consultancy and was, until recently, the Director General of the Lagos State Pension Commission. She earlier served as general manager/CEO with Glanvill Enthoven Life and Pension Consultants and also chief operating officer/executive director of Veritas Glanvills.

CHI Life Assurance Limited, a member of Consolidated Hallmark Holdings, was recently licensed by the National Insurance Commission (NAICOM) to underwrite Life Insurance business in Nigeria with a shareholders’ fund of M8 billion.

The group managing director of Consolidated Hallmark Holdings Plc, who doubles as the chairman of CHI Life Assurance, congratulated Tope Ilesanmi on this new appointment. He expressed his complete confidence in leading the next phase of the company’s market entry and growth. He assured him of the needed support to thrive in this new assignment, having proven himself over time as a performer. He also welcomes new non-executive directors who are accomplished industry leaders to the board. He expressed his firm belief that their membership on the Board, working with other Board members, will help to raise the bar in delivering on the mandate of the Group.

Tope Ilesanmi was full of praise for his predecessor, Ose, who he said had laid a strong foundation on which he would be building. He also thanked the Group for the honour of leading CHI Life Limited. He expressed his commitment to work assiduously with the Board and his Management team to realise the goals and targets of the business.