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Another board room player: Tunde Hassan-Odukale

NairametricsbyNairametrics
5 years ago
in Profiles
Another board room player: Tunde Hassan-Odukale
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He may not be well popular as his father Sir Hassan Odukale the founder of Leadway Assurance, the activities of Mr Tunde has not gone unnoticed.

Born into the Odukale family, he was raised and groomed by his father to take over the family business of insurance alongside his brother in Leadway Assurance Plc started by their father after the civil war.

With a first degree in Pure Mathematics from the University of London, a postgraduate diploma in Actuarial Science and a Masters degree both from City University in London. Mr Tunde who is a member of the Royal Society of Mathematics and Institute of Actuaries is also an alumnus of the Lagos Business School and Harvard Business School. He is also an accredited Investment Adviser and Portfolio Manager with the Securities and Exchange Commission.

With an in-depth knowledge of finance, he has amassed wealth of experience spanning over 15 years and this has made him a target man to be eligible to the board of several blue chip companies in Nigeria.

Currently, he sits on the board of Leadway Assurance Plc, FBN Holdings, First bank of Nigeria, Union Assurance Limited, a subsidiary of Union Bank of Nigeria, Stanbic Bank Nigeria Limited, Digital Jewels Limited, Alitheia Capital, Thomas Wyatt Nigeria among others. He is also the chairman of Total health Trust Limited.

Under the leadership of him and his brother, Leadway Assurance has risen to become the biggest insurance brand in Nigeria having being ranked as one of the best insurance companies in the country. Recently, a foreign company purchased a 25% stake in the company which is a proof of the good management and prospects of the insurance company. Leadway is an all-encompassing insurance company that provides insurance policies for personal, property and commercial functions. It has an operating net income of over N6 billon naira from insurance businesses and other associated subsidiaries.

No doubt that he has attained his current board room status based on his level of experience and activities in the finance industry. However, along with his knowledge for finance, Mr Tunde is also a strong player in Information and Technology. He believes strongly in the growth and development of IT in businesses and Nigeria as a whole and this he has demonstrated over time. In addition to his position as the Chief Financial Officer of Leadway Assurance, he also heads the Information Technology Operations of the company which is involved in strategic planning on new innovative ways to revolutionize IT in the company.

Mr Tunde also has a social side and apart from work, he enjoys tennis, luxury cars and he is happily married with a child.

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