Following the retirement of Olusegun Omosehin as the Managing Director of Mutual Benefits Assurance Plc., the firm has appointed Femi Asenuga as the new Managing Director/Chief Executive Officer (CEO).
His appointment is subject to regulatory approvals.
The firm said this in a statement signed by its Chief Compliance Officer, Jide Ibitayo, adding that Omosehin’s retirement took effect from December 23, 2019, after he has served the firm for a period of 10 years.
The company’s board appreciated Omosehin’s contributions over the years and wished him the best in his future endeavour.
Asenuga holds a Masters Degree in Business Administration and a Bachelor’s Degree in Insurance from the University of Lagos and an Associate of the Chartered Insurance Institute of Nigeria (CIIN).
