Mutual Benefits Assurance PLC Executive and Leadership Team

August, 2026

Leadership Overview

Mutual Benefits Assurance PLC has 5 executives leading key functions including strategic oversight, operational management, financial planning, and information technology.

Committed to excellence in the insurance sector, Mutual Benefits Assurance PLC delivers comprehensive coverage and investment solutions to retail and business clients across the Nigerian market.

Leadership Roles at Mutual Benefits Assurance PLC

  • Md and Chief Executive Officer - Momodu Shaka
  • Managing Director & Chief Executive Officer - Segun Omosehin
  • Chief Financial Officer - Ibraheem Odesola
  • Chief Operating Officer - Godspower Agofure
  • Group Chief Information Officer - Sheri Izegbuwa
  • Momodu Shaka - Md and Chief Executive Officer

    Momodu Shaka, the Md and Chief Executive Officer at Mutual Benefits Assurance PLC, directs the overarching corporate strategy and long-term vision for the organization. By aligning insurance product development with evolving market demands, the Md and Chief Executive Officer ensures the firm maintains a competitive edge within the Nigerian financial services sector. This leadership role involves constant engagement with the Board to refine business objectives and drive sustainable growth across all insurance portfolios. Momodu Shaka monitors macro-economic trends to adjust risk management frameworks, thereby protecting the interests of retail and business clients. Through rigorous oversight of corporate governance, the Md and Chief Executive Officer fosters a culture of accountability and operational excellence. By prioritizing customer satisfaction and service delivery, the executive secures the company's reputation as a premier provider of motor, life, health, and travel insurance solutions throughout the region.

    Segun Omosehin - Managing Director & Chief Executive Officer

    Segun Omosehin, the Managing Director & Chief Executive Officer at Mutual Benefits Assurance PLC, executes the expansion of the company's diverse financial services portfolio. Focusing on the conglomerate's broader market impact, the Managing Director & Chief Executive Officer drives initiatives that integrate investment plans with core insurance offerings. This role requires deep collaboration with other C-suite leaders to optimize resource allocation and enhance the firm's contribution to the national economy. Segun Omosehin manages high-level stakeholder relationships, ensuring that the organization meets its performance targets while upholding regulatory standards. By analyzing regional market dynamics, the Managing Director & Chief Executive Officer identifies new opportunities for business diversification and service innovation. Through strategic leadership, the executive strengthens the company's position as a leader in the insurance industry, consistently delivering value to shareholders and clients alike while maintaining a focus on long-term financial stability.
    Segun Omosehin

    Ibraheem Odesola - Chief Financial Officer

    Ibraheem Odesola, the Chief Financial Officer at Mutual Benefits Assurance PLC, oversees the financial health, capital allocation, and fiscal reporting of the entire conglomerate. By managing investment portfolios and insurance reserves, the Chief Financial Officer ensures the firm maintains the liquidity necessary to meet all client obligations. This role involves rigorous financial planning and analysis to support the company's strategic growth objectives within the competitive Nigerian insurance market. Ibraheem Odesola directs the budgeting process and monitors financial performance against key indicators to ensure profitability and long-term sustainability. By collaborating with the Board and other executives, the Chief Financial Officer provides the data-driven insights required for informed decision-making regarding new product launches and market expansion. Through meticulous management of financial risks and regulatory compliance, the executive safeguards the company's assets and reinforces the trust placed in the organization by retail and business clients across the country.

    Godspower Agofure - Chief Operating Officer

    Godspower Agofure, the Chief Operating Officer at Mutual Benefits Assurance PLC, manages the daily operational workflows and service delivery mechanisms across all insurance departments. By streamlining internal processes, the Chief Operating Officer improves efficiency in claims processing and policy administration for both retail and business clients. This leadership role involves coordinating cross-departmental efforts to ensure that service standards remain high across the entire Nigerian operation. Godspower Agofure implements scalable systems that support the company's 31-year legacy of excellence, ensuring that operational capacity matches the growing demand for motor, life, and health insurance products. By monitoring performance metrics and operational bottlenecks, the Chief Operating Officer drives continuous improvement initiatives that enhance customer satisfaction. Through effective management of the workforce and operational resources, the executive ensures that the firm remains agile and responsive to the complex needs of the diverse client base served by the organization.

    Sheri Izegbuwa - Group Chief Information Officer

    Sheri Izegbuwa, the Group Chief Information Officer at Mutual Benefits Assurance PLC, architects the digital infrastructure and technological strategy that powers the company's insurance and investment services. By implementing advanced data management systems, the Group Chief Information Officer enhances the firm's ability to process claims and manage customer information securely. This leadership role involves overseeing the integration of new software solutions that improve service delivery and operational efficiency across all regional branches. Sheri Izegbuwa drives the digital transformation agenda, ensuring that the organization leverages technology to provide a seamless experience for retail and business clients. By protecting the company's digital assets through robust cybersecurity protocols, the Group Chief Information Officer mitigates operational risks and ensures compliance with data protection standards. Through the strategic deployment of information technology, the executive supports the company's mission to deliver exceptional service and maintain a modern, competitive edge in the financial services sector.

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    Frequently Asked Questions Regarding Mutual Benefits Assurance PLC Top Executives and Leadership Team

    Who leads Mutual Benefits Assurance PLC?
    Mutual Benefits Assurance PLC is led by Momodu Shaka (Md and Chief Executive Officer), along with executives such as Segun Omosehin (Managing Director & Chief Executive Officer) and Ibraheem Odesola (Chief Financial Officer).
    Who is part of Mutual Benefits Assurance PLC’s executive team?
    The executive team of Mutual Benefits Assurance PLC includes leaders such as Momodu Shaka (Md and Chief Executive Officer), Segun Omosehin (Managing Director & Chief Executive Officer), Ibraheem Odesola (Chief Financial Officer) and other senior executives.
    How many executives does Mutual Benefits Assurance PLC have?
    Mutual Benefits Assurance PLC has 5 executives leading key business areas.
    What roles are included in Mutual Benefits Assurance PLC’s leadership team?
    The leadership team of Mutual Benefits Assurance PLC includes roles such as Md and Chief Executive Officer, Managing Director & Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Group Chief Information Officer.