Wale Banmore holds a B.Sc degree in Sociology (1986) from the University of Ibadan and Masters degree in Managerial Psychology (2001). He qualified as an Associate of the Chartered Insurance Institute of Nigeria (CIIN) in 1997.He started his working career with Odias Fishing Industries in 1987 as Administrative Officer. He left for UNIC Insurance Plc in 1992 as a Management Trainee. He was at various times a Branch Manager (Benin City), Manager (Clients Service), Area Manager (Mid West) and Head (Contractors Service).He had a stint in First Chartered Insurance Company Limited between 2001 and 2003 as Group Head (Operation) and then Director (West) before joining Royal Exchange Assurance (Nig) Plc in 2003 as Regional Director (West). Wale was promoted to the staff grade of Assistant General Manager in January, 2007 and was redeployed to Technical Services Division as Head (Technical Services) of Royal Exchange General Insurance Company Ltd in January 2010 before his recent appointment as Managing Director of Royal Exchange Prudential Life Plc.