The Board of Directors is made up of men and women of impeccable integrity who have distinguished themselves in various endeavouors.

Mr. Benedict U. Ujoatuonu

Mr. Benedict U. Ujoatuonu is a seasoned Insurance and Risk Management practitioner. He is a HND graduate of Insurance from the Institute of Management and Technology (IMT) Enugu and a holder of Masters Degree in Business Administration (MBA) from the University of Calabar.

He is an Associate of the Chartered Insurance Institute of Nigeria (ACIIN), Institute of Certified Cost Management (ACCM) and Fellow – Chartered Institute of Public Diplomacy & Management (CIPDM).

He started his Insurance career with Regency Insurance Co Ltd as one of the key underwriting staff, from where he joined Kapital Insurance Co Ltd. He headed the Technical department of Coral International Insurance Co Ltd and later moved to Global Commerce and General Assurance Ltd as Group Head, Technical and later rose to the position of Deputy General Manager (Technical Operations). After the recent consolidation in the insurance industry, he joined Crown Insurance Brokers Limited and Nobel and Lesley Consulting Limited as The Group General Manager from where he joined Universal Insurance Plc as Head Technical Operations and later Managing Director/CEO.

He has been involved in preparing students for the insurance professional examinations organized by the Chartered Insurance Institute of Nigeria (CIIN). He is also involved in training and facilitation. He is the author of a life changing book titled “Success Secrets of the Rich now Exposed” and is a recipient of the awards of the Education Developer of the year 2015 by the National Association of Nigerian Students (NANS) and West African Students Union (WASU) and award of The Distinguished Fellowship of PEFON (DFPEFON) (Professional Excellence Foundation of Nigeria).

Ben has attended many local and international courses on insurance and management. He is happily married with children.

Barr. Jasper Osita NduagwuikeMr. Nduagwuike holds a Bachelor’s Degree in Law (LLB. Hons.) from the University of Nigeria, Enugu Campus and a Masters Degree in Law (LLM) from the Nnamdi Azikiwe University, Awka, majoring in Arbitration and Administrative Law. He was subsequently called to the Nigerian Bar after obtaining the Bachelor of Law Degree (B.L.) from the Nigerian Law School. He is an Associate Member of the Chartered Insurance Institute of Nigeria (ACIIN); Member, Chartered Insurance Institute, London (MCII); Member, Association of Professional Bodies of Nigeria; Associate Member, Chartered Institute of Arbitrators, London; Member, Onitsha Chamber of Commerce, Industries, Mines and Agriculture. He is also a Council Member, Enugu Chamber of Commerce, Industries, Mines and Agriculture as well as vice president in charge of the Chamber’s trade affairs.

He started his working career with the then African Alliance Insurance Company Limited (Now African Alliance Insurance Plc.) as a field supervisor in 1984 and rose to become a District Superintendent in 1989. He left the Company in 1990 to Stallion Assurance Company Limited, Enugu where he became the Pioneer Production Manager. He worked in several other companies within the industry in different capacities and was the pioneer Managing Director of Honesty Insurance Company Limited, a position he held from 1996 to 2003. He is presently engaged in legal practice as the Principal Partner at Repsaj and Co., a law firm he co-founded with others in 2003. Mr. Nduagwuike is also a public speaker and is married with children.

Mr. Reginald Anyanwu
Mr. Anyanwu obtained HND from the Federal Polytechnic, Oko, Anambra State. He also holds PGD and MBA degrees in Management from the University of Calabar.

He is a chartered member of the Nigerian Institute of Management (NIM) and also a chartered member of the Chartered Insurance Institute of Nigeria (CIIN)

He has been an active player in the Insurance industry since 1992. Prior to joining Universal, he has worked with African Development Insurance Co Ltd; Central Insurance Co Ltd where he rose to the position of Deputy Manager, Marketing before leaving in 1998 to join the team that started Guardian Trust Insurance Company Ltd. from where he left in June 2004 as Senior Manager/Head Abuja to join Universal Insurance Plc.. He became the Head, Abuja Office and was promoted to General Manager, Nothern Operations in 2008, a position he held till his elevation to Executive Director, Nothern Operations in 2012.

Reginald has attended several local and international courses, seminars and workshops. He is married with children.

Prof. Olufunmilayo Adebusola Balogun

Mrs. Olufunmilayo Adebusola Balogun was appointed on 19th July, 2022 to sit on the Board of Universal Insurance Plc as a Non-Executive Director.

A Distinguished Banker, Accountant, Tax Practitioner and astute Public Administrator. She holds an excellent combination of academic and professional qualifications, training, skills and experience spanning the disciplines of banking, finance and public administration.

Fellow, Institute of Chartered Accountants of Nigeria (FCA); Chartered Institute of Bankers of Nigeria(CIBN) and Chartered Institute of Taxation of Nigeria (CITN) and also hold a Master`s Degree in Business Administration.

Before joining the service of Lagos State Government, she worked with a number of private and publicly quoted Organizations among which are Mobil Oil Plc; Universal Trust Bank Limited; Commerce Bank Limited; Deloitte Adetona Isiche &Co (Chartered Accountants).

Olufunmilayo joined the Public Service of Lagos State Government in December, 1996. She served diligently in the Finance and Accounts Directorate of various Ministries, Departments and Agencies including the Ministry of Local Government and Chieftaincy Affairs, from where she was appointed as Permanent Secretary, Ministry of Home Affairs and Culture by His Excellency, Mr Babatunde Raji Fashola (SAN), the Governor of Lagos State on December 20th, 2012.

Olufunmilayo has served as –

  • Permanent Secretary – Ministry of Tourism, Art and Culture.
  • LPermanent Secretary – Civil Service Pensions Office, Ministry of Establishment, Training and Pensions.
  • Permanent Secretary – Ministry of Science and Technology.
  • Permanent Secretary – Ministry of Finance.

She retired from the Public Service of Lagos State in August 2019.

Olufunmilayo served as a co-opted member of the Council of Chartered Institute of Bankers of Nigeria (CIBN) May 2018 – April 2022.

Also, she is a member of –

*Association of Professional Women Bankers of Nigeria.

*Society of Women Accountants of Nigeria.

Presently, she is the Chairman, Statutory Audit Committee Friesland Campina WAMCO Plc.

Olufunmilayo is a member of Ikoyi Club, happily married with children and grandchildren.