Insurance

Trailblazer in Insurance: Dr. Funmi Babington-Ashaye honoured at sexagenary celebration

From left: Otunba Ayo Olumoko; Commissioner for Insurance, National Insurance Commission, Abuja, Segun Omosehin; Chief Eniola Fadayomi; President IoD, Chief (Dr) Onikepo Akande;, CON. The Celebrant, Dr Funmi Babington- Ashaye and Mrs Laide Alatise, during the 60th birthday Thanksgiving service of Dr. Funmi Babington- Ashaye, held at Redeemed Christian Church of God, in Lekki, Lagos.

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The former President of the Chartered Institute of Insurance Nigeria (CIIN) and Chief Executive Officer (CEO) of Risk Analyst Insurance Brokers, Dr. Funmi Babington-Ashaye, was recently celebrated for her illustrious career and transformative contributions to Nigeria’s insurance sector.

As she marked her 60th birthday, industry leaders, colleagues, and friends gathered to honour her remarkable achievements and unwavering commitment to advancing the insurance industry.

Speaking at the 60th thanksgiving service of the, the presiding pastor of Redeemed Christian Church Of God, (Christ The King Parish), Pastor Tunde Netufo described the Insurance expert as a quintessential professional whose impact is far-reaching in her chosen career and her service to humanity.

He noted that the selfless act of the sexagenarian humility and spirituality is well recognised in the vineyard as she has displayed a total commitment to not just the duty of man but of God.

He highlighted her core values of determination and service a gift that is rare even through life challenges she remained committed and steadfast making impacts through her work and passion for humanity.

From Left Dr Stella Okoli Founder / Group Managing Director, Emzor Pharmaceutical Nig Ltd, Mr Olusegun Odubogun Former Managing Partner Akintola Williams Delliotte &Co, Dr Funmi Babington-Ashaye, Past President Chartered Insurance Institute of Nigeria & MD, Risk Analyst Insurance Brokers, Mrs Olajumoke Olatunbosun, General Manager, Sovereign Trust Insurance Plc and Miss Adetola Babington-Ashaye, Capital Express Indemnity Insurance.

“Even in the face of adversity, she remained steadfast, making significant impacts through her work and passion for humanity,” he said.

He prayed for her continued happiness, strength, and success in both her physical and spiritual endeavors, wishing her a future filled with new adventures and good health.

While many attested to her unwavering dedication and innovative spirit, which have reshaped Nigeria’s insurance landscape. Her policies and reforms have propelled the profession to global standards, earning her widespread recognition as a transformative leader in the sector.

Consequently, the event served as a platform for insurance practitioners, colleagues, and friends to celebrate Dr. Babington-Ashaye’s trailblazing career which shows her far
reaching impact in the industry.

Employees of Risk Analyst Insurance Brokers also paid tribute to Dr. Babington-Ashaye, describing her as a visionary leader whose magnanimity and service-driven approach have inspired positive change.
“She is not just a leader but a reformer and strategist who understood the challenges facing the insurance sector and worked tirelessly to address them,” one employee remarked.

Her commitment to people, protection, and progress has been a driving force behind her success.

In her remarks, the President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori, praised Dr. Babington-Ashaye for her pivotal role in shaping the industry and mentoring women. “You have built on what you met on the ground and raised the bar for others to follow. Your mentoring programs have empowered countless women to excel in their professions,” she said. Mrs. Ilori expressed pride in Dr. Babington-Ashaye’s achievements and urged her to continue her legacy of excellence.

On her part, President of the Funmi Babington-Ashaye Foundation,
Mrs. Yetunde Faulkner, also spoke about the celebrant’s deliberate efforts toward capacity building and community development.

She highlighted that through scholarships and mentoring programs, the foundation has impacted countless lives, advancing the well-being of Nigerians. Dr. Babington-Ashaye’s commitment to education and empowerment has been a cornerstone of her philanthropic work.

Similarly, Alumni of Lisabi Grammar School, Abeokuta, where Dr. Babington-Ashaye attended, also graced the occasion, expressing gratitude for her generosity and support. Her contributions to the school and its students have been a source of inspiration, reflecting her dedication to giving back to her community. The alumni praised her for her unwavering commitment to the well-being of both past and present students.

The grand celebration was attended by prominent personalities from the insurance sector and beyond, including the doyen of insurance in Nigeria, Pa Olola Olabode Ogunlana, the First Lady of Osun State, Erelu Titilola Adeleke, and Dr. Nike Akande. Other notable guests included Venerable Ladip Ajayi, Bishop Peace Okonkwo, John Obaro, and members of the CIIN Council amongst others.

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