AXA Mansard Insurance announces appointment of new directors

AXA Mansard Insurance Plc has notified the Nigerian Exchange (NGX) and the investing public of the appointment of new directors.

The Company in accordance with Section 274 of the Companies and Allied Matters Act 2020, appointed the following Non-Executive Directors and their appointments have been approved by the National Insurance Commission. The Directors are: Mr. Kola Adesina (Non-Executive Director, Chairman), Chief Gbola Akinola (Non-Executive Director), Mr. Mariano Caballerro (Non-Executive Director), Ms. Melina Cotlar (Non-Executive Director).

Mr. Kola Adesina

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

Mr. Adesina 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. He 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 new Chairman, Non-Executive Director of AXA Mansard Insurance plc.

Chief Gbola Akinola, SAN

Chief Akinola is an experienced arbitrator and practicing lawyer with considerable experience in corporate and commercial law and a highly skilled advocate with extensive commercial legal advisory experience.

He was called to the Nigerian Bar in 1987 and admitted to practice as a solicitor and barrister of the Supreme Court of Nigeria. He is an experienced arbitrator and practicing lawyer with considerable experience in corporate and commercial law and 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. He was appointed a Senior Advocate of Nigeria in 2022.

He is the Non-Executive Director representing Minority Shareholders in accordance with the NAICOM Guideline on Code of Corporate Governance 2021.

Mr. Mariano Caballero

Mr. 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. Prior to this he 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.

Ms. Melina Cotlar

Ms. Melina Cotlar has over two decades of experience with a background in actuarial and risk management. She is currently the Chief Risk Officer at AXA Madrid International Hub. Prior to this she worked with PwC managing the actuarial and risk management team.

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