Mr. Sunday Segun Asake

Mr. Sunday Segun Asake

I was born in Ikoro Ekiti, a town in western Nigeria on 26th January, 1969. I am a Christian and married man.

In the earlier part of my life, I displayed rare skill in figures and leadership, culminating in prizes that were given to me in recognition of my talent in both my elementary and secondary schools days. In the later years, I displayed this natural gift in my exciting carrier in the Nigerian Insurance industry in different departments within the Technical divisions of various insurance companies as summarized below: A passionate teacher and financial consultant.

I joined Reinsurance department of UNIC Insurance PLC in the year 1991 as a clerical officer but as a result of my hardworking and unrelenting effort I was promoted to various positions and finally to Superintendent 1998.The position I was until year 2001 when I resigned.

In the year 2001 precisely 26th of June, I joined Phoenix of Nigeria Assurance Plc, as an Assistant Manager/ Head of Reinsurance & Statistics Department. Upon confirmation in year 2002 , I was made Manager Reinsurance, Statistics and Claims department and in 2005 I was made Senior manager Technical, reporting to Head Technical to oversee technical activities of the company.

As a result of the industry recapitalization exercise of 2007 which led to the marriage of Royal Exchange Assurance and Phoenix of Nigeria, I was redeployed to Royal Exchange Assurance as a Manager 1 to coordinate the Underwriting activities of some branches called Lagos unit 2 and Latter as Head of Marine and Aviation Department.

In 2013, I was elevated to the position of senior manager / Head of underwriting General Businesses, the position I occupied till 1st April,2015 when I resigned my appointment and joined WAICA Reinsurance corporation as Nigeria Country Manager.

I am an alumnus of University of Lagos, Ladoke Akintola University of Technology Ogbomosho, Obafemi Awolowo University Ile Ife; where I obtained degrees in B.sc. Accounting(second class upper)and M.sc. Accounting, PGD. Computer Science, MBA Financial Mgt respectively. And an Associate member of both Chartered Insurance Institute of Nigeria (ACIIN) and Institute of Chartered Accountants of Nigeria (ACA).

I have attended both local and overseas courses and seminars.