What we do
Coronation Insurance plc. is a leading West African full line insurance company offering a diverse range of products and services covering life, general and special risk businesses. We were founded in 1958 and licensed to underwrite all classes of insurance, such as fire and special perils, goods-in-transit, all risk insurance etc.
Board of Directors (Parent Company)
Our board consists of highly accomplished and experienced professionals, providing a diversity of expertise, and understanding of the financial services industry.
Mr. Mutiu Sunmonu, CON - Chairman
Mr. Mutiu Sunmonu, CON is an Oil & Gas expert with a rich history of experience and performance both locally and internationally. Mr. Mutiu Sunmonu, CON retired from Shell Petroleum Development Company (SPDC) in 2015 after 36years of meritorious service. Until his retirement, Mr. Sunmonu was the Managing Director SPDC and Vice President Production Sub-Saharan Africa, as well as Country Chair of the Shell Companies in Nigeria
Mr. Olusegun Ogbonnewo - Non-Executive Director
Mr. Olusegun Ogbonnewo is a Director in TenGen Holdings Limited with over 27 years’ professional experience in the financial service industry cutting across banking, human capital development, operations, payment systems and financial technology. Until his retirement in March 2017 he was a General Manager and Group Head Channels Services (E-Banking) of Access Bank Plc where he worked meritoriously for over 10years.
Mrs. Titilayo Osuntoki - Independent Non-Executive Director
Mrs. Titilayo Osuntoki has over 30 years’ professional experience in the financial sector, cutting across treasury/currency trading, financial control, risk management, as well as corporate finance and relationship management.
Mrs. Omosalewa Fajobi - Non-Executive Director.
Mrs. Omosalewa Fajobi has about 18years professional experience spanning across corporate law and governance of which 15years has been within the financial sector. She is currently an Operating Director at Tengen Holdings Limited where her responsibilities include overall supervision of legal, governance and compliance functions within Tengen and its investee companies across, oil & gas, digital technology, real estate and financial services sectors.
Mr. Abubakar Jimoh - Independent Non-Executive Director
Mr. Jimoh is a hands-on leader with over 25 years’ experience in the financial services sector covering client relationship management, treasury, market risk, credit risk management, operational risk management, project, and portfolio management. Mr. Jimoh was a pioneer staff member of Express Discount Limited, where he rose to the level of Head of Trading before relocating to Canada in 1998. He held various positions at RBC Financial Group (Royal Bank of Canada) between 1999 and 2005.
Mrs. Stella Ojekwe-Onyejeli - Independent Non-Executive Director
Mrs. Stella Ojekwe-Onyejeli has over 28-years of professional experience in the Financial Markets in Africa, Middle East, and Asia. With a sound understanding of long-term investment financing structures, Mrs. Stella Ojekwe-Onyejeli possesses practical knowledge of Infrastructure Project Development and Financing in Africa
Mrs Ibijoke Adenuga - Non-Executive Director
Mrs Ibijoke Adenuga possesses over 30 years’ experience in the insurance industry, both local and international. She combines her technical insurance expertise with technology to deliver efficient customer solutions, driving capacity and revenue. Mrs Adenuga commenced her career in General Insurance with NICON Insurance, Lagos in 1990 and has led systems implementation, professional capacity building, and Human Resources functions with other insurance companies across the UK, Ireland and Nigeria.
See our Executive Management
Olamide Olajolo - Managing Director
Mr. Olamide Olajolo has about twenty-two (22) years’ experience in the Insurance industry cutting across insurance underwriting and sales. Mr. Olamide Olajolo was formerly the Managing Director/Chief Executive Officer of the Nigeria Liability Insurance Pool and the Vice President Business Development at Heirs Insurance Limited/Heirs Assurance Limited.
Adewale Adeneye - Executive Director, Technical Operations
Adewale has over 19 years of professional work experience in the Insurance Industry, with an extensive background covering Life and Non-Life Insurance Underwriting, Claims Management, Enterprise Risk Management, Operations, and Business Development.