June 25, 2024

Mutual Benefits Assurance Plc has announced the appointment of Lateef Akande Bakare, and Wunmi Eniola-Jegede as members of the board of directors, while elevating Adebiyi Ashiru-Mobolaji, a former executive director, to Managing Director of its life subsidiary, Mutual Benefits Life Assurance Limited

Joseph Oladokun, formerly the general manager in charge of technical, is now executive director (Technical).

The Company has notified the Nigerian Exchange Limited, shareholders, and the investing public of the changes which are subject to regulatory approvals.

Bakare is a chartered accountant with over 45 years post qualification experience. He retired in 1991 as the Quality Assurance Partner at Deloitte. He is the founder and managing partner of Lateef Bakare & Co and Adetona, Bakare & Co respectively. Both firms are accountants and insolvency practitioners.

He has both private and public sector experiences having served in various capacities in professional practice and as director of several private and public companies, including First Bank of Nigeria Limited.

He joins the board as an Independent Non-Executive Director with rich experience in financial assurance, auditing, taxation, business, and process re-engineering.


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