Our Directors

Chairman

Mr Kenny Ezenwani Odogwu

He is a Legal Practitioner.

He was called to the Nigerian Bar in 1990, and was engaged as a counsel in the firm of Sofunde Osakwe Ogundipe & Belgore.

He also worked as the Head (Legal Department) of Perfecta Investments Limited, a capital market operator and as CEO of Siotel, an IT company.

He is currently on the Board of several publicly quoted and private companies and was the last Chairman of IMB Bank, before it merged into First Inland Bank and where he is currently a director.

He is also the Chief Executive of the Odogwu Group of Companies. He was appointed to the Board of the company on September 1, 1997 and became Chairman on July 26, 2007.

Director

Chief Anthony I. Idigbe (SAN)

He is a Legal Practitioner and Senior Advocate of Nigeria.

He was called to the Nigerian Bar in 1983.

He is the principal partner, Punuka Chambers, which incorporates the legal firm of Idigbe & Idigbe.

He is a Notary Public of the Federal Republic of Nigeria, Chairman, Capital Market Solicitors Association, Vice President, International Debt Management Association, Member, Nigerian Bar Association and Member, Faculty of ESUT Business School, Enugu, Enugu State.

He was appointed to the Board of the company on August 20, 2002.

Director

Mr Daniel Magerle

He is a Swiss national and holds a Degree in Law from the University of Zurich.

He was called to the Zurich Bar in 1998.

He is an Associate Partner in the firm of Streiff Pellegrini & Von Kaenel, Switzerland; a firm established in 1962 and engaged in a broad range of legal activities both nationally and internationally.

He is an Attorney at Law and was appointed to the Board of the company on November 24, 2004.

Director

Chief Uwadi Okpa-Obaji

He is a graduate of the University of Lagos, Lagos State and holds a Certificate in Macro-Economic Policy and Management, Harvard University, Massachusetts, USA.

He holds a M.Sc. from the University of Abuja and is a Fellow of the Chartered Institute of Management Accountants, UK as well as the Institute of Chartered Secretaries and Administrators.

He is also an Associate Member of the Institute of Chartered Accountants of Nigeria and an Authorized Dealing Clerk (Stockbroker) of The Nigerian Stock Exchange.

He was a founding staff of the Bureau for Public Enterprise and is an Executive Consultant to the Odogwu Group of Companies.

He was appointed to the Board of the company on March 15, 2007.

Director

Alhaji Ahmed Rufa’i Mohammed

He is a graduate of the Ahmadu Bello University, Zaria, Kaduna State.

He holds a Certificate in Banking and Development Finance from the Manchester Business School and is a Fellow of the Institute of Public Administration.

He has undertaken several national assignments and is currently on the Board of several publicly quoted and private companies.

He is the recipient of various national and international awards and honours.

He was appointed to the Board of the company on May 16, 2007.

Director

Alhaji Rabiu Muhammed Gwarzo, OON

He is an Associate of the British Society of Commerce.

He holds a Certificate in Accounting and Finance for Developing countries from the University of Strathclyde, Glasgow, Scotland Business School and Certificate in Wheat Marketing & Processing from Kansas State University, USA.

Fellow of the Institute of Industrialists and Corporate Administrators (FIIC).

He has undertaken several national assignments and is currently on the Board of several publicly quoted and private companies.

He was appointed to the Board of the company on November 21, 2008.

Director

Mr Adeyinka Adekunle Ojora

He is a businessman. He started his business pursuits in 1992 when he joined Nigerlink from AT&T Global Information Services where he was a market support specialist for the MICR implementation for the central Bank of Nigeria.

He worked with Eco Securities Limited as an assistant registrar and broker from 1996-1998 and was later appointed managing director with specific responsibility for power generation. He also heads the defense procurement division of Nigerlink Industries Limited.

He serves as a director on boards of different companies as well as advisor to numerous companies seeking entry into the Nigerian market place.

As a philanthropist, he is a trustee of the Well Being foundation, whose goal is the reduction of maternal and infant mortality in Nigeria.

He is a director, Ojora group and was appointed to the board of Royal Exchange on June 6, 2011

Independent Director

Mr Hewitt Benson

He is an engineering (aeronautics) graduate of the Imperial College, University of London and holds a Master’s Degree from the Massachusetts Institute of Technology, USA as well as a certificate of Post Graduate Education in Engineering from Churchill College, University of Cambridge, UK.

He has extensive experience in the Nigerian financial market, where he has been involved in major private equity transactions in the Nigerian market and is currently the Managing Director/Chief Executive of Enterprise Capital Management focusing on development advisory services to select clientele. Before then, Mr. Benson was the Executive Director, Asset Management, Asset Management Corporation of Nigeria (AMCON).

Mr. Hewitt Benson was appointed to an Independent Director of Royal Exchange Plc in April 2018.

Ag. GMD/Managing Director, Royal Exchange Prudential Life

Wale Banmore

He is a graduate of the University of Ibadan, Oyo State. He holds a Bachelor of Science degree in Sociology and a Master degree in Managerial Psychology from the same institution. He is an Associate of the Chartered Insurance Institute of Nigeria (ACIIN).

He started his career in 1987 with Odips Fishing Industries and later joined UNIC insurance Plc in 1992 as a Management Trainee where he rose to become the Group Head (Operations). Prior to joining Royal Exchange in 2003, he was the Regional Director (West) of First Chartered Insurance Company Limited.

He was promoted Assistant General Manager in 2007 and was redeployed to the Technical Services Division as Head (Technical Services) in 2010. He had attended various courses both within and outside the country. He was appointed Managing Director of Royal Exchange Prudential Life Plc, a subsidiary of Royal Exchange Plc in 2011.

He is also the Acting Group Managing Director of Royal Exchange Plc.