Mr. Wale Banmore

AG. GMD, Royal Exchange Plc

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 was appointed Managing Director of Royal Exchange Prudential Life Plc, a subsidiary of Royal Exchange Plc in 2011. On October 17, 2018 the Board of Directors of Royal Exchange Plc. approved that Mr. Olawale Banmore whilst continuing in his role as the Managing Director of Royal Exchange Prudential Life Plc. should oversee the affairs of Royal Exchange Group pending the appointment of a substantive Group Managing Director.