Alliance Insurance appoints Olufunmilayo Omo as CEO


Alliance Insurance plc has announced the appointment Mrs. Olufunmilayo Omo as the Acting Managing Director/CEO of the Company.

Her appointment follows the resignation of Mr. Alphonse Okpor has resigned as the Managing Director / CEO of African Alliance Insurance Plc effective from March 4, 2017.

The retirement of Mr. Okpor follows the attainment of the retirement age of 60 years as prescribed by the internal policy of the Company.

The appointment of Mrs. Olufunmilayo Omo is an interim measure pending the appointment of a substantive Managing Director/CEO.

Mrs. Olufunmilayo Omo is an alumni of the University of Lagos and was awarded a B. Sc. Degree from that Institution in 1990. She was trained as a Life Insurance Underwriter by Munich Re in South Africa and has over 15 years experience in Life and Pension Business. She joined African Alliance Insurance Plc (then a Limited Liability Company) as an Assistant Superintendent in 1991.

She rose to the position of a Controller (Technical Operations) in charge of Individual Business in 2004 and became an Assistant General Manager in 2006. Mrs. Omo, a Chartered Insurer, was in 2012, at the Annual General Meeting of the Company appointed as an Executive Director (Technical).