The board of Continential Insurance Plc have announced the appointments of Chief ajibola Olusanya ogunshola and Mr.Emmanuel Brule as Non- Executive directors of the company representing C-Re Holding Limited with effect from November 8, 2016 to replace Mrs. Nadia Alaoui Fettah and Mr. Merrick Wayne Oeschger.
Chief Ajibola Ogunshola
Chief Ajibola attended Government College in Ibadan. In 1967, he studied mathematics in the University and thereafter, he traveled abroad to further his education where he qualified as a fellow of the Certified Institute of Actuary in the United Kingdom.
After graduation, Chief Ajibola returned to Nigeria and was employed at the NICON Insurance Company. After a brief spell as the Head of the Life Department at NICON at that time, he moved to Niger Insurance Company where he became the Chief Executive in 1984. He started a consultancy firm as an Actuary and later became the Chairman of Punch Newspaper in 1987.
Ajibola Ogunsola became a household name when he became the Chairman of Punch Nigeria Ltd. It is interesting to note that for well over two decades Ajibola steered the ship of the Punch Group of newspapers, which sailed through turbulent waters at different times.
Chief Ajibola’s long reign, first as Nominal Chairman and subsequently as The Executive Chairman, ranks among one of the most successful company turnarounds in Nigeria’s history. He was well prepared for the job because he needed more than just his actuary skill to make the kind of impact he made. Those who know him say he is a perfectionist. He is an advocate of transparency, propriety and frugality.
One of the legacies of Chief Ajibola’s board was the decision to relocate their corporate headquarters to Km 14, Lagos Ibadan Expressway by Ayorinde Bus Stop, Ogun State, otherwise known as “The Punch Place” from their former office at No 1, Olu Aboderin Street, Onipetese, Ikeja, Lagos. It was at the opening of the new corporate office that Ogunsola announced his retirement as Chairman and since then the very brilliant Actuary and Insurance guru has been active in the general running of the media industry in terms of policy formulation and the issue of ethics.
For the first time last week, Chief Ajibola spoke about how he worked with other board members to revive Punch Newspapers and how they were able to make it the No.1 newspaper it is today.
He actively participated in the just concluded National Confab where he represented the Southwest Region. He is indeed a man of the media.
Mr. Emmanuel Brule
Mr Brule is a graduate of Ecole Centrale de Paris. He has always operated in an environment and held a number of senior executives’ roles with SCOR, a global Tier 1 reinsurance company (1997-2001) and American International Group (AIG) (2002-2015) in diverse functions and in various territories. He is currently Deputy Chief Executive officer of Saham Finances and a member of Saham Group executive committee.