Profile of NAICOM Boss
Olusegun Ayo Omosehin
Mr. Olusegun Omosehin is the Commissioner for Insurance/Chief Executive, National Insurance Commission, Nigeria. He is a multidisciplinary professional with over three decades of hands-on experience spanning strategic planning, risk management, transformational and organizational restructuring, and performance management in the insurance sector.
He is a Fellow of the Chartered Insurance Institute of Nigeria (FIIN); a Fellow of the Institute of Directors (FIoD); and a Fellow of the Institute of Loss Adjusters of Nigeria (FILAN).
Mr. Omosehin holds a Bachelor of Science degree in Political Science (1990); a Master of International Law and Diplomacy (MILD) 1992; and an M.Sc. Economics (1999). He is an Alumnus of the Said Business School, University of Oxford, United Kingdom.
Prior to his appointment in April 2024, he was the Chairman of the Nigerian Insurers Association (NIA), the umbrella association of all insurance and reinsurance companies in Nigeria, as well as the Managing Director & Chief Executive Officer of Old Mutual Nigeria Life Assurance Company Limited, the Nigerian subsidiary of the Old Mutual Group, South Africa, a premium Pan African financial services group that offers a broad spectrum of financial solutions in about 14 Countries across Africa and China.
Before joining Old Mutual Group in January 2020, Mr. Omosehin was the Managing Director/Chief Executive Officer of Mutual Benefits Assurance Plc (a publicly quoted insurance company) for about 10 years (from 2010 to 2019). And prior to his joining Mutual Benefits Assurance Plc in April 2010, he was the Managing Director/CEO of AIICO General Insurance Company Limited, the then general insurance arm of AIICO Insurance Plc.
Also, he was the MD/CEO of Admiral Insurance Company Limited between 2003 and 2007 before merging the company with Crusader Insurance Plc during the insurance consolidation exercise in 2007.
Mr. Omosehin was a member of the pioneer team that nurtured Custodian & Allied insurance Plc in 1995, where he worked for about nine years before his appointment as the MD/CEO of Admiral Insurance Limited in 2003. He Started his insurance career with Crusader Insurance (Nigeria) Plc in 1993 (then a specialist life assurance company).
His hobbies include reading and golfing.
