A chartered insurer and a seasoned marketing expert, Mr. Fashola holds an MBA in Marketing from Obafemi Awolowo University, Ile-Ife, Nigeria. With over 30 years’ experience and a remarkable track record in the insurance and financial services industry, Fashola has earned a reputation as a truly accomplished and highly respected professional. Between 1991 and 1993, he was the General Manager/Chief Executive Officer of Liberty Assurance Company Limited. He later joined Industrial And General Insurance Plc where he re-engineered the company’s marketing unit to achieve maximum efficiency that placed IGI ahead of the competition. Having served in various top management capacities, Mr. Fashola was appointed to the board in 1999 as Executive Director, Marketing. Prior to his appointment as Managing Director/Chief Executive Officer, he served as the Deputy Managing Director from 2007 to 2014 and later Acting Managing Director.
He is a Fellow of numerous institutions, including the National Institute of Marketing of Nigeria (NIMN), Institute of Directors (IOD), Institute of Direct Marketing (IDM) and the West African Insurance Institute (WAII), The Gambia. He is an Associate of Chartered Insurance Institute of London (ACII) and the Chartered Institute of Arbitration, (ACI Arb) (London). Mr. Fashola is an alumnus of both the West African College of Insurance and Risk Management in The Gambia and the Global Institute for Leadership Development (GILD), United States. He is a member of the Governing Council of WAII and the West African Insurance Companies Association (WAICA).
He currently serves on the Board of many companies both local and abroad, including WAICA Reinsurance Corporation Plc, Sierra Leone; National Insurance Corporation (NIC), Uganda; IGI Gamstar Insurance Limited, The Gambia; Global Trust Savings and Loans Limited; Investment Profiles Limited; IGI Pension Fund Managers Limited; Sonarwa Holdings, Rwanda; and Sonarwa Life Insurance Company, also in Rwanda.