Shola Ajibade
Director of Operations
Mr. Shola Ajibade is an accomplished reinsurance underwriter with over thirty (30) years’ experiences in insurance and reinsurance. He has garnered his experience through serving in leading institutions in different capacities. Mr. Ajibade joined FBS Reinsurance Limited from January 2021 as Director of Operations. Before joining FBS Reinsurance Limited, he was the General Manager (Operations) in Continental Re Plc in charge of Anglophone West Africa.
He previously worked with Aon Benfield of South Africa where he held the position of Executive (Treaty) for Sub Sahara Africa. He was also a Senior broker for West Africa and Portuguese markets.
Prior to joining Aon Benfield, he worked at Swiss Re South Africa and Swiss Re Ivory Coast. He also worked in senior executive positions at United African Insurance Brokers (UAIB) Nigeria, The Lion of Africa Insurance Company, Nigeria and Africa Re, Nigeria from where he started his career as an underwriting assistant.
He is a fellow of the Chartered Insurance Institute, London, Fellow, Insurance Institute of South Africa and an MBA holder from the University of South Africa. He holds a Higher National Diploma in Insurance from the Lagos State College of Science and Technology.
In addition to English, Mr Ajibade has some working proficiency in the French and Portuguese languages.
Musa M. Kolo
Chief Financial Officer
Musa Kolo is a 1987 Accounting graduate of Ahmadu Bello University, Zaria. He is also a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), and an Associate of both the Nigerian Institute of Management (NIM) and the Chartered Institute of Taxation of Nigeria (CITN). He obtained the Advanced Management Programme (AMP) certificate of the Lagos Business School (LBS), Pan-African University, Lagos in 2004.
Musa has over thirty (30) years of varied working experience spanning banking and insurance. Had over a decade’s experience in banking rising to the position of a bank treasurer before moving to insurance where he was General Manager (GM) and Head of Finance and Accounts department of Continental Reinsurance PLC before leaving in March, 2017. Amongst the highlights of his career in Continental Re is the design of the company’s recapitalisation programme and active participation in its execution during the 2005 to 2007 regulatory induced industry recapitalisation that ensured the continued existence of the company today.
Gbolahan Toru
Senior Manager, Underwriting and Marketing
Gbolahan A. Toru is an Associate of the Chartered Insurance Institute of Nigeria and has been in the reinsurance industry for over 19 years. He is a product of University of Agriculture, Abeokuta where he obtained B.Sc. Hons. (Mathematics) in 2009, he obtained an MBA (Marketing) from Ladoke Akintola University Ogbomoso in 2010.
He was Head, Treaty Unit and Retrocession Administration at Continental Reinsurance Plc before joining FBS Reinsurance Limited as Senior Manager, Underwriting and Marketing.
Shuaibu Zakari
Head of IT
Shuaibu M. Zakari, graduate of University of Abuja with B.Sc in Computer Science in 2005. He obtained MSc in Communications Management from Buckinghamshire New University, High Wycombe, UK in 2013, He is also recognised with certificate of International Telecommunication Union (ITU) and United Kingdom Telecommunication Academy (UKTA).
A highly competent and organized Specialist with over a decade experience in IT management ranging from IT Demand Management and planning, software procurement, administration, Planning & compatibility. He was Vendor Management (Procurement Specialist) in Managed Service and OPEX tracking Unit at 9Mobile Nigeria prior before joining FBS Reinsurance Limited as Head of IT.