Shola Ajibade

Executive Director

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.