Akin Ogunbiyi: An Entrepreneur In Underwriting Business

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Akin Ogunbiyi is the current chairman of Mutual Benefits Assurance Plc, a company he founded in 1995.

Ogunbiyi while speaking on the challenges he faced while setting up his insurance firm said, revealed that, he sold his four cars after seeking the approval of his wife who was at the time operating a supermarket and doubled as a teacher.“At a point, we got stuck and my wife sold everything in the supermarket and gave me N4million. The only thing left was the cash machine. So, that was how we started the company,” he said this in earlier interview.

Currently, his investment worth is over several billions of naira. He has investment in Osun, Lagos and other African countries. At OAU, he bagged BSc in Agricultural Economics. He has a degree in History and an M Sc in Industrial Relations and Personnel Management from the University of Lagos . Not just that, he is also an alumnus of Lagos Business School and a PhD in Insurance and Risk Management.

 

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