Mutual Benefits Assurance PLC Executive and Leadership Team

May, 2026

Leadership Overview

Mutual Benefits Assurance PLC has 5 executives leading key functions including strategy, operations, finance, and technology.

Driven by a commitment to customer satisfaction, Mutual Benefits Assurance PLC provides comprehensive insurance and investment solutions, contributing significantly to Nigeria's financial services sector with over three decades of experience.

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 - Ope Okesola
  • Momodu Shaka - MD and Chief Executive Officer

    Momodu Shaka, the MD and Chief Executive Officer at Mutual Benefits Assurance PLC, directs the overall strategic vision and operational execution for the company. Shaka guides the organization's expansion across Nigeria's insurance and investment sectors, ensuring alignment with market demands and regulatory frameworks. This leadership role involves fostering a culture of innovation and customer-centricity, critical for maintaining the company's competitive edge. Overseeing all major business units, Momodu Shaka ensures that the company's diverse product offerings, including motor, life, health, and travel insurance, meet the highest standards of service delivery. The Chief Executive Officer's focus remains on driving sustainable growth and enhancing shareholder value through prudent financial management and strategic partnerships. Shaka's tenure is marked by a dedication to strengthening the firm's position as a leading financial services conglomerate.

    Segun Omosehin - Managing Director & Chief Executive Officer

    Segun Omosehin, the Managing Director & Chief Executive Officer at Mutual Benefits Assurance PLC, spearheads the company's strategic direction and operational oversight. Omosehin drives the expansion of insurance products, encompassing motor, life, health, and travel coverage, alongside investment plans for retail and business clients. This executive's mandate includes enhancing customer satisfaction and ensuring the delivery of exceptional service, leveraging over 31 years of industry experience. The Chief Executive Officer's responsibilities extend to fostering innovation within the financial services sector, reinforcing Mutual Benefits Assurance PLC's role as a key economic contributor in Nigeria. Segun Omosehin actively cultivates strategic alliances and oversees the development of new market opportunities, ensuring the company's continued leadership and robust financial performance. The leadership under Omosehin prioritizes operational efficiency and client retention.
    Segun Omosehin

    Ibraheem Odesola - Chief Financial Officer

    Ibraheem Odesola, the Chief Financial Officer at Mutual Benefits Assurance PLC, directs the company's financial strategy and management. Odesola oversees all fiscal operations, including budgeting, financial reporting, and investment management, ensuring the financial health and stability of the organization. This executive's responsibilities encompass managing the financial aspects of diverse insurance products, such as motor, life, health, and travel insurance, as well as investment plans. The Chief Financial Officer plays a critical role in capital allocation, risk assessment, and ensuring compliance with financial regulations in Nigeria. Ibraheem Odesola is instrumental in driving profitability and supporting the company's growth initiatives by identifying strategic investment opportunities and optimizing financial performance. Odesola's expertise ensures that Mutual Benefits Assurance PLC maintains a strong financial foundation to serve its retail and business clientele effectively.

    Godspower Agofure - Chief Operating Officer

    Godspower Agofure, the Chief Operating Officer at Mutual Benefits Assurance PLC, manages the day-to-day administrative and operational functions of the company. Agofure ensures the efficient delivery of insurance products, including motor, life, health, and travel policies, as well as investment plans, across Nigeria. This role is pivotal in optimizing internal processes and enhancing the customer experience for both retail and business clients. The Chief Operating Officer oversees the integration of technology to streamline operations and improve service quality, directly supporting the company's mission of delivering exceptional customer satisfaction. Godspower Agofure works closely with other department heads to ensure seamless execution of business strategies and maintain the company's reputation for reliability and service excellence. Agofure's leadership focuses on operational scalability and risk mitigation within the dynamic Nigerian financial services landscape.

    Ope Okesola - Group Chief Information Officer

    Ope Okesola, the Group Chief Information Officer at Mutual Benefits Assurance PLC, leads the company's technology strategy and digital transformation initiatives. Okesola is responsible for developing and implementing IT infrastructure that supports the delivery of a wide range of insurance products, including motor, life, health, and travel insurance, as well as investment plans. This role is crucial for enhancing operational efficiency and customer engagement across retail and business segments. The Group Chief Information Officer ensures the security and integrity of company data, manages technology investments, and drives innovation in digital services. Ope Okesola collaborates with executive leadership to align technology solutions with business objectives, reinforcing Mutual Benefits Assurance PLC's commitment to exceptional service and market leadership. Okesola's vision guides the company's technological advancement in the Nigerian financial services industry.

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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.