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Chuks Udo Okonta
The Group Chairman, Mutual Benefits Assurance Plc, Dr. Akin Ogunbiyi, has been honoured with Distinguished Great Ife Alumnus Award by the Obafemi Awolowo University.
Ogunbiyi was honored along with 59 other former students, who have distinguished themselves in their various field of endeavours with prestigious award.
The Vice-Chancellor, Obafemi Awolowo University, Prof Eyitope Ogunbodede, at the event, said the award of excellence was in recognition of Dr. Ogunbiyi’s support and dedication to the growth of the University.
He noted that Dr. Ogunbiyi is a “passionate, supportive and dedicated Great Ife Ambassador and an innovative leader and well-grounded scholar who identifies opportunities and maximise great and highly beneficial values from them through entrepreneurship.
Dr. Ogunbiyi with PhD in Insurance Risk Management (Hons) has accumulated over the years, unique skill and capabilities through his insatiable search for knowledge.
He graduated in 1986 with a second-class upper division in Agricultural Economics from the University of Ife.
He has an Executive Master’s Degree from the University of Neverra, Barcelona, Spain as well as Executive Leadership training at Yale, Harvard and Oxford Universities.
Dr. Ogunbiyi is an Associate member of the Chartered Insurance Institute of London and a Fellow of the Chartered Insurance Institute of Nigeria (FCIIN).
He is a Fellow of the Nigerian Institute of Directors (FIoD); Fellow West Africa Insurance Institute, Banjul, Gambia and also a Fellow of the Risk Managers Society of Nigeria (RIMSON).
He worked in various strategic capacities within the Corporation, including the training of Chief Executives of Insurance Companies from sister African countries. In his entrepreneurial pursuits, he has taken quite some risks. He gave up an impressive and promising career at NICON to go into INSURANCE CONSULTANCY– a business hitherto unexplored and without a precedent.
He was the pioneer Chief Executive of Finance & Insurance Expert Limited, a firm of Finance, Insurance, Environmental and Management Consultants as Managing Partner/Chief Executive Officer in 1992.
A resilient business manager, he has continued to create wealth for the nation through the establishment of many viable and well-managed businesses. He is currently the group chairman of Mutual Benefits Group- a Conglomerate with nine subsidiaries and over 5,000 employees.
Dr. Ogunbiyi is the Chairman of the USIG, a real estate investment firm and Charles LLC; both in the USA and CIL(Inc) UK. A philanthropist and God-fearing technocrat, his presently promoting the establishment of a private University under the Arubiewe Educational Foundation. The Foundation has supported over a hundred scholarship awards.
He sits on the boards of many companies both in Nigeria and other countries. He is Director, TFS Securities & Investment Limited; Chairman, Mutual Exploration Co. Ltd.; Director Prime Exploration and Product Ltd., Chairman, Track Africa Limited; Chairman, Arubiewe Farms Limited; Chairman, Arubiewe Educational Foundation; Chairman Arubiewe Pharmaceutical Limited and Chairman, Reals Pharmaceutical Limited.
