Heirs General Insurance Limited (HGI) is a general insurance company, positioned to become the leading Nigerian insurer leveraging digital tools and technology to provide simple, quick, reliable, and accessible insurance to individuals and businesses.
Heirs General provides plans that protects people and businesses’ most prized assets from unforseen risks, ensuring they don’t spend their hard earned money in the event of unfortunate incidents.
With a paid-up share capital of N10billion, HGI underwrites all classes of general insurance business including vehicles, buildings, oil & gas, power, among others. The company is backed by top-notch Reinsurers to provide second-layer security for its clients’ insurance portfolios.
Heirs General Insurance is a subsidiary of Heirs Holdings, a pan-African investment group with presence in 24 countries across 4 continents.
We are Africapitalists at heart and in deed. We believe that the private sector must play the lead role in the economic transformation of Nigeria. As insurers, we live this philosophy by driving financial inclusion across all levels and providing financial security, even before it is needed.
Our mission is to make insurance accessible to everyone. We believe that by making insurance easy to understand and creating relevant plans to match a variety of needs, we empower people to dream and pursue their ambition, without fear.
Nobody can predict the future. We all wish we could, so we can live the way we really want to. With Heirs Life, we take on the risks so you can get on with your life. We go a step further by analysing trends and offering timely life-enhancing information, to put you in control.
Tony O. Elumelu is one of Africa's leading investors and philanthropists.
He is the Founder and Chairman of Heirs Holdings, his family-owned investment company committed to improving lives and transforming Africa, through long-term investments in strategic sectors of the African economy, including financial services, hospitality, power, energy, technology and healthcare.
Tony is the Chairman of pan-African financial services group, the United Bank for Africa (UBA), which operates in 20 countries across Africa, the United Kingdom, France, and is the only African bank with a commercial deposit taking presence in the United States. UBA provides corporate, commercial, SME and consumer banking services to more than 21 million customers globally.
He also chairs Nigeria's largest quoted conglomerate, Transcorp whose subsidiaries include Transcorp Power, one of the leading producers of electricity in Nigeria and Transcorp Hotels Pic, Nigeria's foremost hospitality brand.
He is the Founder and Chairman of Heirs Oil & Gas, an upstream oil and gas company, whose assets include Nigerian oil block OML17 with a current production capacity of 27,000 barrels of oil equivalent per day and 2P reserves of 1.2 billion barrels of oil equivalent, with an additional 1 billion barrels of oil equivalent resources of further exploration potential. Heirs Oil & Gas is committed to creating resource based added value on the African continent.
Tony is the most prominent champion of entrepreneurship in Africa. In 2010, he created The Tony Elumelu Foundation (TEF), the pan-African philanthropy empowering a new generation of African entrepreneurs. Since inception, the Foundation has funded just over 10,000 entrepreneurs. In 2020, in recognition of his business leadership and economic empowerment of young African entrepreneurs, he was named in the Time 100 Most Influential People in the World and recognised with Belgium's oldest and highest royal order.
Chairman
Managing Director/CEO, Heirs General Insurance
Wole Fayemi is the Managing Director/CEO of Heirs General Insurance. He is responsible for leading the company and driving the achievement of its strategic initiatives.
He has over two decades of experience in the Nigerian insurance industry across insurance sales and marketing, technical operations, change management, and strategic planning.
Wole started his insurance career with Solid Trust Insurance Brokers Limited as an Underwriting Executive, before assuming the role of Manager at Feybil Insurance and Reinsurance Brokers Ltd.
In 2005, he joined Cornerstone Insurance Plc, where he headed the Manufacturing, Trading & Engineering Unit of the Head Office Annex, and later worked as Claims Administrator at the Head Office, before moving to ADIC Insurance Limited as Team Lead, Claims. Here, he played a significant role in re-engineering and restructuring the organisation for optimal performance, among other notable achievements. Following that, he joined Guinea Insurance Plc as Group Lead, Technical, before his appointment as the Executive Director, Technical, in 2017.
Prior to joining Heirs General Insurance as the MD/CEO in May 2023, he served as Executive Director, Technical at Old Mutual General Insurance, where he led the operations team to achieve profitable top-line growth and drove the strategic direction of the operations team.
Wole holds a Bachelor's degree and Master's degree in Economics from the University of llorin and the University of Lagos respectively. He is an alumnus of the prestigious Lagos Business School at the Pan-Atlantic University and an Associate Member of both the Chartered Insurance Institute of Nigeria (CIIN) and the Nigerian Institute of Management (NIM).
Managing Director/CEO
Independent Non-Executive Director
Henry Egbiki has over 30 years of experience in the management consulting industry. A chartered accountant, he is currently the Director & Chairman of the Board, Polyfilm Packaging (Nig.) Limited.
He was the Regional Partner, Ernst &Young, West Africa until June 2020. Prior to that, he served in various capacities within the company, including as the Country Managing Partner/ Chief Executive between 2005 and 2007.
Henry is a Member of the EY Global Practice Council and Member, EY Africa Leadership Board. In 2015, he was recognized for his contribution to the development of the Accounting profession in Nigeria.
Independent Non-Executive Director
Independent Non-Executive Director
Salma Yusuf Mohammed has over 35 years of experience in the construction industry.
Currently a Consultant at Rajab Construction Nigeria, she previously served as the Zonal Secretary in charge of Kaduna, Katsina, Kano, Jigawa, Sokoto, Kebbi and Zamfara State at the Petroleum (Special) Trust Fund; Assistant Director at the National Poverty Eradication Programme; and the Director, Building Head of Department at the Federal Ministry. of Power, Works Director, Building Housing, Abuja.
In 2008, she served on the Presidential Advisory Committee on the transition from Analogue to Digital Broadcasting in Nigeria and in 2009, she was the Chairman, Committee on Audit Report of the Millennium Development Goal, Projects of FMWH & UD.
She is a member of the Council of Registered Builders of Nigeria (CORBON) and a Fellow of the Nigeria Institute of Building (NIOB)
Independent Non-Executive Director
Independent Non-Executive Director
Sonny Iroche brings over four decades of expertise in finance, investment promotion, and economic advisory. Currently the Executive Chairman of Strategic Alliance Promotion Company, he has held key leadership roles in various organisations, including the Transmission Company of Nigeria and United Capital Plc.
In 2022, he served as a special advisor to the Board of Governors of the African Leadership Institute (AFLI), contributing valuable insights and strategic direction.
Sonny holds a Master of Business Administration (MBA) from Roosevelt University, Chicago, with a specialisation in International Finance and Marketing, further enhancing his capacity to drive impactful financial strategies.
Independent Non-Executive Director
Independent Non-Executive Director
Ibrahim is an accomplished financial services leader with over 30 years of experience in the banking, fintech, and FMCG industries.
He currently serves as the Chairman of RedTech and is a non-executive director on the board of Nigerian Breweries Limited. Previously, he served as Group Executive Director at the United Bank for Africa (UBA), where he was responsible for business development across 18 states in Northern Nigeria.
Ibrahim is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (HCIB) and a member of the Bank Directors' Association of Nigeria. He holds a PGD and M.Sc. in Banking & Finance from Bayero University, Kano.
Independent Non-Executive Director
Non-Executive Director
Dan Okeke is the Group Executive Director at Heirs Holdings, responsible for business coordination and growth across the group's pan-African investment portfolio.
Prior to joining Heirs Holdings, Dan had a three-decade career at the United Bank for Africa (UBA), where he recently served as an Executive Director, responsible for leading consumer, commercial and public-sector businesses.
Dan is an alumnus of Harvard Business School and the International Institute of Management Development (IMD). He has a B.Sc. in Geography from the University of Nsukka and an MBA from Enugu State University of Science and Technology.
Non-Executive Director
Non-Executive Director
Peter Ashade is the Group CEO of United Capital Plc, a leading African financial services group providing capital and financing solutions to African goverment, companies, and individuals. The Group comprises of the following business divisions: Investment Banking, Asset Management, Securities Trading, and Trustee Services.
Peter is an astute investment banker and business leader with 29 years' cognate experience in Nigeria's capital market: 14 years as Chief Executive. He is a well-rounded capital market player having participated in various landmark capital market transactions across all segments of the market and a member of various policy-formulating capital market committees. He is reputed for transformational leadership and outstanding executional capabilities.
Prior to his appointment as the Group CEO of United Capital, Peter was Managing Director/CEO, Africa Prudential Plc (then UBA Registrars Limited). Peter led the transformation of the business from a subsidiary of UBA Plc to the only listed investor services firm on the Nigerian Stock Exchange. More than 15000% growth in profitability was achieved within eight years. He championed disruptive innovation in the registrars' business in Nigeria, pioneering many e-products and successfully achieved the business diversification of Africa Prudential PIc.
Peter holds a Bachelors' degree in Banking and Finance, an MBA in Marketing, and an MSc in Finance. He is also an alumnus of the Lagos Business School's Chief Executive Program. He is a Fellow of the Chartered Institute of Bankers; the Institute of Chartered Accountants of Nigeria and the Institute of Capital Market Registrars. He is also an Associate of the Chartered Institute of Taxation of Nigeria and the Institute of Directors. He is currently the 1st Vice Chairman of the Chartered Institute of Bankers, Lagos State Branch where he also serves as the Vice Chairman of the Membership Development and Services Committee and a member of the Grants and Funds Committee. He is a Trustee of the Investors Protection Fund of the Nigerian Stock Exchange, the Treasurer of the Institute of Capital Market Registrars and also a member of various capital market reform committees of the Securities and Exchange Commission. Peter is representing the interest of United Capital Pic on the board of HGI.
Non-Executive Director
Non-Executive Director
Niyi Onifade is a seasoned chartered insurer with over three decades of experience in the financial services industry.
He has held several leadership roles across the insurance and pension sectors, including serving as General Manager at African Alliance Insurance Limited, Vice President at Pensions Alliance Limited, and ADIC Life Assurance Limited (Now NSIA) where he served as the company’s pioneer CEO. Niyi went on to serve as Deputy Managing Director at Capital Express Assurance, overseeing operations in five African countries, and later, he became MD/CEO of Wapic Life Assurance before joining Heirs Insurance Limited (then in formation) in 2015 as the pioneer CEO.
In 2020, he was appointed the first MD/CEO of Heirs Life Assurance Limited, a subsidiary of Heirs Insurance Group. In August 2024, Niyi became the Sector Head of Heirs Insurance Group comprising Heirs Life Assurance, Heirs General Insurance and Heirs Insurance Brokers. In this capacity, he provides leadership, working with other Heirs Insurance CEOs, in driving the execution of the strategic initiatives and transformation plans for the member companies, ensuring that all intra-group synergies are fully harnessed, and ultimately delivering on the performance target for the Group.
Niyi has served as a company representative in various industry committees both locally and internationally. In July 2024, he was elected to the Governing Council of the Nigerian Insurers Association (NIA), where he contributes to shaping the future of the Nigerian insurance industry. He is also the Chairman of the Advisory Board of Heirs Academy, which was launched to reinforce Heirs Holdings' commitment to institutionalizing leadership and equipping future leaders.
A recognised thought leader in the field, Niyi has authored numerous publications, some of which have been featured in international insurance journals. He is also a visiting lecturer at the West African Insurance Institute (WAII) in Banjul, The Gambia.
Niyi Onifade is an alumnus of the Lagos Business School and the Swiss Insurance Academy, Zurich. He is a Fellow of both the Chartered Insurance Institute (CII) of London and Nigeria. His academic achievements include winning the Chartered Insurance Institute of Nigeria (CIIN) and Femi Johnson Prizes for Best Overall Student in 1990.
In 2003, he became the first Nigerian—and only the second African—to receive the prestigious Rutter Medal Award from the Chartered Insurance Institute, London, for his outstanding performance in the Institute’s Fellowship examinations and research studies, a feat that earned him global recognition.
Non-Executive Director
Non-Executive Director
Misbahu Umar Yola is a consummate professional with over 30 years progressive experience across a broad range of roles, spanning Construction, Finance, Investment, Operations, Marketing, Human Resources, and Information Technology.
He served as the MD/ CEO of Legacy Pensions Limited from 2011 to 2021 and had previously served as the president of the Pension Operators Association.
Mr. Yola is an alumnus of the Ahmadu Bello University Zaria and a member of the Institute of Directors.
Non-Executive Director
Non-Executive Director
Mohammed Idris is a senior private Equity and principal Investment executive with over 25 years' experience across (Equity & Power, Financial Services, Consumer Goods) and Markets (Africa, Debt Capital, Corporate & Structured Finance).
He served as the Managing Director of the Carlyle Group from 2017 to 2020, and has served on the Boards of Diamond Bank Pic and Mansard Insurance Plc. He is a partner at Altera Capital Partners and currently serves on the Board of Wakanow Africa Holdings.
Mr. Mohammed is an alumnus of the University of Pennsylvania (the Wharton school) and Lehigh University and has worked at senior level with international financial institutions including Wells Fargo & Co, Goldman Sachs & Co, Advanced Finance & Investment Group and Development Partners
International LLP.
Non-Executive Director
Non-Executive Director
Chiugo Ndubisi is the Group Executive Director, Investment and Integration, Heirs Holdings, and brings on board over two decades of experience in the Nigerian financial industry into his role on the board of Heirs Life Assurance.
Previously, he served as the Executive Director, Treasury and International Banking at United Bank for Africa PIC (UBA), where he was responsible for diverse business are as, including Treasury Business, Embassies, Multilateral and Donor Organisations (EMDOs), and led operations of UBA's International subsidiaries in America, UK, France and Dubai.
Chiugo graduated with a first class in Engineering (B. Eng) from the University of Nigeria, Nsukka.
He holds an MBA from the University of Lagos Akoka, a Senior Management Certification from Lagos Business School, and an Advanced Management Certification from Wharton Business School, Pennsylvania.
He is a Fellow of the Institute of Chartered Accountants of Nigeria, Fellow of the Chartered Institute of Bankers of Nigeria, and a Fellow of the Chartered Institute of Taxation of Nigeria.
Non-Executive Director
Managing Director/CEO, Heirs General Insurance
Wole Fayemi is the Managing Director/CEO of Heirs General Insurance. He is responsible for leading the company and driving the achievement of its strategic initiatives.
He has over two decades of experience in the Nigerian insurance industry across insurance sales and marketing, technical operations, change management, and strategic planning.
Wole started his insurance career with Solid Trust Insurance Brokers Limited as an Underwriting Executive, before assuming the role of Manager at Feybil Insurance and Reinsurance Brokers Ltd.
In 2005, he joined Cornerstone Insurance Plc, where he headed the Manufacturing, Trading & Engineering Unit of the Head Office Annex, and later worked as Claims Administrator at the Head Office, before moving to ADIC Insurance Limited as Team Lead, Claims. Here, he played a significant role in re-engineering and restructuring the organisation for optimal performance, among other notable achievements. Following that, he joined Guinea Insurance Plc as Group Lead, Technical, before his appointment as the Executive Director, Technical, in 2017.
Prior to joining Heirs General Insurance as the MD/CEO in May 2023, he served as Executive Director, Technical at Old Mutual General Insurance, where he led the operations team to achieve profitable top-line growth and drove the strategic direction of the operations team.
Wole holds a Bachelor's degree and Master's degree in Economics from the University of llorin and the University of Lagos respectively. He is an alumnus of the prestigious Lagos Business School at the Pan-Atlantic University and an Associate Member of both the Chartered Insurance Institute of Nigeria (CIIN) and the Nigerian Institute of Management (NIM).
Managing Director/CEO
Chief Financial Officer
Kehinde Olorundare has over twenty-two years hands-on experience in the Finance and Insurance industry of Nigeria.
He began his career as an Executive Assistant at Industrial and General Insurance Company Ltd., and later worked as a Financial Reporting Accountant at Cornerstone Insurance Plc and UBA Insurance Company Ltd.
Kehinde has functioned in several senior management roles in Finance including Financial Controller (FC) and Group Head, Financial Reporting, Performance Management, and Business Intelligence at Leadway Assurance Company Ltd for 13 years.
Prior to joining Heirs General Insurance, Kehinde was the Chief Financial Officer (CFO) of Cornerstone Insurance Plc where he handled the financial reporting, performance management, financial analysis, taxation, and strategy formulation and implementation of the company.
In his capacity as CFO of Cornerstone Insurance, he was also responsible for the Treasury and Investment arm of the business and the administration department.
Kehinde holds a Bachelor's and Master's degree in Accounting from the University of Lagos. He is a senior member of the Chartered Insurance Institute of Nigeria(CIIN), and a fellow of the Institute of Chartered Accountants of Nigeria (FCA).
Chief Financial Officer
Chief Marketing Officer
Ifesinachi Okpagu is the Chief Marketing Officer of Heirs General Insurance.
She is a marketing communications specialist with over 12 years of experience working in pan-African companies, across sectors such as investment, information technology, real estate, media/production, philanthropy, and insurance. Prior to her recent role, she worked in companies including Inspire Africa Productions (now Ebonylife Productions) as an Associate Producer, Venture Garden Group as a Business Development Manager, and later, Heirs Holdings and its philanthropic arm, the Tony Elumelu Foundation, effectively managing the brands' reputation while driving pan-African awareness.
While working in the Heirs Holdings Group, she launched communications initiatives that significantly grew staff cohesion across the Group and improved brand awareness. She developed the business plan of the digital hospitality arm of Transcorp Hotels Pic, Aura by Transcorp, and coordinated its implementation as part of the pioneer team. In the Tony Elumelu Foundation, Africa's leading entrepreneurship-focused philanthropy, she led the brand's marketing communications activities and initiatives, deepening the brand's reach and effectiveness across 54 African countries and three continents. Aside from leading marketing teams to deliver strategic objectives including brand awareness, reputation management and conversion, she has also successfully launched startups in the creative field.
Ifesinachi holds a Bachelor's degree in Fine and Applied Arts from the University of Benin, an MSc. in Marketing Communications from the Pan-Atlantic University, where she emerged the best graduating student, and a certificate in "Disruptive Strategy" 1pm Harvard Business School Online. She is a member of the Advertising Practitioners Council of Nigeria (APCON).
Chief Marketing Officer
Chief Compliance Officer
Vincent Anosike is a Certified Information Systems Auditor with over 15 years of work experience in functions cutting across Audit, Internal Control, Compliance, and Risk Management.
He began his professional career in 2007 with KPMG Professional Services before joining PricewaterhouseCoopers (PwC).
His career in insurance commenced in 2020 when he joined the Internal Audit function at AXA Mansard Nigeria as Head, Audit and Investigation. He subsequently moved to Compliance and internal Control functions within the AXA Mansard Group before joining Heirs Insurance.
Vincent holds a B.Eng in Electronic Engineering.
Chief Compliance Officer
Head, Legal Services/Company Secretary
Blessing Ezemulue is the Head, Legal Services/Company Secretary for Heirs General Insurance with a cumulative of 16 years experience in core legal sector and as an in-house counsel in the Financial Services sector.
She began her career in 2007 as a Counsel with Olalekan Yusuf & Co (SAN). She then went on to join Citizens Law Office as Deputy Head of Chambers before joining Royal Exchange Finance & Asset Management Ltd where she served for 9 years as Acting Head of Legal & Debt Recovery and Resident Legal/ Compliance Officer, respectively.
Prior to joining Heirs Insurance Ltd, she worked at FBN Insurance Limited as Senior Legal Officer/ Assistant Company Secretary.
Blessing was called to the Nigerian Bar in 2005. She holds an LLB and LLM degree from the University of Benin and University of Lagos respectively, and she is an Associate member of the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN).
Head, Legal Services/Company Secretary
Regional Head, Abuja & North Central
Aniema Ekong is the Regional Director for North Central at Heirs General Insurance, with over two decades of experience in the Nigerian insurance industry. She began her career at Linkage Assurance Plc, where she excelled in marketing major oil and gas businesses and managing risk assessments. Rising through the ranks, she eventually became Deputy Manager, coordinating strategies that significantly increased premium income.
At Heirs Insurance Brokers Ltd., Aniema held roles such as Head of Business Development, and rose from Manager to Principal Manager. She led teams to achieve notable revenue and profit growth, managed significant brokerage income targets, and built strong client relationships across various sectors. Her innovative customer service and business development strategies were key to her success.
In her current role, Aniema oversees sales performance and regional operations, including staff management, and stakeholder engagement across Abuja, Benue, Nasarawa, Kwara, Niger, and Plateau States. She is responsible for strategic planning, budget management, and training the sales team on products and policies, driving the company’s expansion and sales efforts.
Aniema holds a Master's degree in International Relations from Liverpool John Moores University, a Master's degree in Public Administration from the University of Calabar, and a B.A. (Hons) in English and Literary Studies from the University of Calabar. She is an Associate of the Chartered Insurance Institute of Nigeria and a Senior Associate of the Association of Enterprise Risk Management.
Regional Head, Abuja & North Central
Head, Internal Audit
Saheed is an astute management professional with over a decade of diversified experience in Assurance, Internal Audit, Control, Business Advisory, Risk and Financial Management.
As the Head of internal Audit at Heirs General Insurance (HGI), he is responsible for the overall strategic leadership and management of the Internal Audit function.
Prior to his appointment at HGI, he was the Head, Internal Audit & Investigation at Royal Exchange General Insurance Limited, where he led the transformation agenda to reposition the audit function for improved effectiveness and strategic organisational relevance.
Before his stay at Royal Exchange General Insurance, he was the Head, Internal Audit at Sanlam General Insurance Limited (then FBN General Insurance Limited).
Before joining FBN General Insurance, he worked in the Internal Audit and Control Department at Cornerstone Insurance Plc, where he rose through the ranks from Senior Auditor to become the Team Lead, Internal Audit & Control and eventually acted briefly as the Head of Internal Audit in 2014. He also had a brief stint with the chartered accountancy firm of Ali-Oluwafuyi, Ibisomi, Onibon & Co, where he trained and qualified as a chartered accountant.
Saheed obtained a Higher National Diploma (HND) in Accounting from the Polytechnic, Ibadan and holds an MBA (with a specialization in Finance and Investment) from the Ahmadu Bello University, Zaria. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN). He is also a Certified Information Systems Auditor of the Information Systems Audit and Control Association (ISACA), USA.
Head, Internal Audit
Head, Human Resources
Gloria Agugua is the Head of Human Resources at Heirs General Insurance.
She is a seasoned HR Professional with years of experience providing tactical support to business strategy by designing and implementing HR initiatives which align with the corporate strategy and ensure that employees remain committed, motivated and engaged towards the achievement of organisational goals.
She started her career as a Human Resource Analyst at Heirs Holdings (HH) where amongst other things, she supported the design of HR strategy for each business unit and ensured alignment with the corporate strategy of the 4H group subsidiary companies. She was also tasked with managing the recruitment process; sourcing and attracting candidates, amidst other activities.
She holds a BSc in Sociology from University of Lagos, and is an Associate Member of the Chartered Institute of Personnel Management of Nigeria (CIPM).
Head, Human Resources
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