Olawale Banmore

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Managing Director/CEO

Olawale Banmore (B.SC, MSC, ACII, Ph.D)

Mr Olawale Banmore is a seasoned Insurance practitioner with about 30 years on the job experience in the Industry.

He is a graduate of Sociology from the University of Ibadan and hold a Master’s Degree in Managerial Psychology from the same institution. A Doctorate degree in Strategic Marketing from Babcock University, Ilishan-Remo, Ogun State.
He is an associate member of the Chartered Insurance Institute of Nigeria (ACIIN); a member of the Africa Insurance Organization; a member of the Niger and South  Africa Chambers of Commerce and alumni of the Lagos Business School. Also, a member, Institute of Directors as well as Board member, Centre for Development and  Research, Federal University of Technology, Akure, Ondo State

He joined Royal Exchange Group in 2003 from UNIC Insurance and acted in various managerial capacities within the Company. He was the Managing Director of  Royal Exchange Prudential Life Plc, a subsidiary of Royal Exchange Plc from 2011 to December4. 2019 and rose to the position of Group Managing Director in the  same organization where he oversees several subsidiaries within the Group.
He has diverse experience and exposure in Technical services, Branch and Regional Operations, multichannel products and service marketing.