AXA Mansard Appoints Kola Adesina As New Board Chairman

AXA Mansard Insurance Plc has appointed Kola Adesina as its new board chair.

Gatekeepers News reports that the appointment of Adesina along other board members was disclosed in an official statement to Nigeria Exchange Limited.

The resignation of the current Chairman of the Board, Olusola Adeeyo further confirmed in the statement signed by the company secretary.

According to the statement, his decision to resign was made at the Annual General Meeting of the Company held on the 14th of July 2022, and the resignation became effective from the 16th of February 2023.

The Board at AXA Mansard announced the appointment of a new Chairman and members of the Board. This was done by Section 274 of the Companies and Allied Matters Act 2020.

The appointments have been approved by the National Insurance Commission.

The new Directors are:

  • Kola Adesina – Chairman
  • Gbola Akinola – Non-Executive Director
  • Mariano Caballerro – Non-Executive Director
  • Melina Cotlar – Non-Executive Director

Profile of Kola Adesina

Kola Adesina is a consummate entrepreneur with experience in academia, insurance, finance, energy, trade, and diplomacy.

Adesina started his career in the insurance industry, selling insurance to businesses across different sectors in Nigeria.

After working in the Insurance industry, he joined Sahara Group where his selling skills and exceptional project and relationship management acumen enhanced the growth of the energy conglomerate.

He also served as a member of the Presidential Committee on the Accelerated Expansion of the Electricity Infrastructure in Nigeria, which culminated in the unbundling of PHCN successor companies.

Adesina sits on the Board of Sahara Group Ltd, Ikeja Electric, Egbin Power Plc, First Independent Power Ltd (FIPL) and Port Harcourt Electricity Distribution Company (PHEDC).

He was awarded Member of the Order of the Federal Republic (MFR) by President Muhammadu Buhari and is also a Fellow of the Nigerian Society of Engineers. He is the proposed Chairman, Non-Executive Director of AXA Mansard Insurance plc.

Profile of Gbola Akinola, SAN

Gbola Akinola is an experienced arbitrator and practising lawyer, whose experience cuts across corporate and commercial law.

Akinola has a highly skilled advocate with extensive commercial legal advisory experience.

He was appointed a Notary Public in May 1998, admitted as an Associate of the Chartered Institute of Arbitrators in November 1999 and became a Fellow of the Chartered Institute of Arbitrators in January 2000.

Akinola was appointed a Senior Advocate of Nigeria in 2022. He is proposed as a Non-Executive Director representing Minority Shareholders by the NAICOM Guideline on Code of Corporate Governance 2021.

Profile of Mariano Caballero

Mariano Caballero has over two decades of experience with a background in strategy and finance in the insurance industry. He is currently the Strategic Development Officer for AXA Africa.

He has worked with Ernst & Young and Mazars providing assurance and advisory services for the life insurance industry in Spain and UK.

He is a member of the Spanish Institute of Accountants and also a member of the Spanish Institute of Actuaries.

Caballero is being proposed for election as a Non-Executive Director of AXA Mansard Insurance plc.

Profile of Melina Cotlar

Melina Cotlar has over two decades of experience with a background in actuarial and risk management.

Cotlar is currently the Chief Risk Officer at AXA Madrid International Hub.

She has worked with PwC managing the actuarial and risk management team. Cotlar is being proposed for election as a Non-Executive Director of AXA Mansard Insurance plc