Board of Directors
SOYE OLATUNJI (MBA, BSc, ACA I) - CHAIRMAN
Mr. Soye Olatunji is a Chartered Accountant with a bachelor's degree in Chemical Engineering and an MBA from the University of Lagos.
He has over 30 years of cumulative experience in audit and tax consultancy, accounting and general management. He was erstwhile General Manager, Best Oils Limited Ibadan, Oyo State, and Finance Director, Vitamalt Plc, Agbara Industrial Estate, Ogun State.
He joined Ventures & Trust Limited (V&T) as Managing Associate and Chief Financial Officer in 2003.
He joined Mutual Benefits Group in 2007 as Executive Director Corporate Planning and Investment from where he left as Group Finance Director, to establish Mutual Exploration and Production Limited, in 2013.
He is an alumnus of SAID Business School of University of Oxford where he attended the Oxford Advanced Management & Leadership Programme. He is also on the board of other companies within the Group.
ASENUGA OLUFEMI ADEWALE - DIRECTOR
Femi Asenuga is an Associate of the Chartered Insurance Institute, Nigeria. He holds a Master's of Science Degree in Business Administration and a Bachelor's Degree in Insurance from the University of Lagos.
He was the best graduating student in the finals of the B.Sc. Honours Insurance examination of the 1989/1990 session; he won the Femi Johnson & Co. prize as well as the Unity Life & Fire Insurance Company award for being the best overall graduating student in the department of Insurance for that year.
Femi Asenuga started his Insurance career with Metropolitan Trust Insurance Company in 1993. He then moved to Custodian and Allied Insurance as a pioneer Manager in the Underwriting Department. Femi Asenuga is an Alumnus of Lagos Business School and the SAID Business School of University of Oxford where he attended the Oxford Advanced Management & Leadership Programme.
He joined Mutual Benefits Assurance Plc in 1997 as an underwriter. He rose to become the General Manager, Life Operations, which operated as a business unit of Mutual Benefits Assurance Plc. In 2007 Femi was seconded to Mutual Benefits Life Assurance Ltd. as pioneer MD/CEO. A position he held until December 2019, when he became Managing Director, Mutual Benefits Assurance Plc. Femi remains a Director on the Board of Mutual Benefits Life Assurance Ltd.
HAKEEM OGUNTOLA - DIRECTOR
Hakeem Oguntola graduated with a first-class honours degree in Agricultural Economics from Obafemi Awolowo University, Ile-Ife, and also holds an M.Phil from the same institution.
He is a member of different professional accounting bodies in Nigeria, Canada and the United Kingdom and has won many academic laurels. An economist and chartered accountant with more than 20 years experience in finance, strategy and administration with multinational corporations in Nigeria, Canada, and Ghana.
Prior to this appointment, Hakeem was Finance Director of Cadbury Ghana Limited, Ghana.
He has performed in senior management roles in the finance and strategic functions of Cadbury Nigeria Plc, Nestle Canada Inc, and Coca Cola (Nigeria) Bottling Company Plc.
Hakeem is also on the Board of Mutual Benefits Life Assurance Ltd.