Our Board of Directors consists of distinguished and eminently qualified persons from key sectors of the economy.

  • Amb. Baba Gana Kingibe (CFR)


    Baba Gana Kingibe is an elder statesman and colourful politician who played significant roles in the events that shaped the Nigerian state in the past 30 years. Kingibe was variously the Senior Political Counsellor, Nigeria High Commission, London and Ambassador to Greece, Cyprus and Pakistan between 1981 and 1985. Before then, he was the Principal Secretary, Political, in the Supreme Military Headquarters between 1976 and 1979. A thorough bred bureaucrat, Kingibe became Permanent Secretary in the presidency in 1986. He had also at various times been minister of Foreign Affairs, Internal Affairs, and Power and Steel between 1993 and 1998. He was elected the National Chairman of the defunct Social Democratic Party (SDP) and as its vice presidential candidate in 1993. Between 2002 and 2006, Ambassador Kingibe worked for the African Union as one of the Facilitators of the Inter Congolese Dialogue which ended the long running conflict in the DRC, and was the African Union Representative to the Sudan Peace Talks in Kenya and headed The African Union Mission in Darfur. In a bid to tap from his wealth of experience, he was appointed Secretary to the Federal Government in 2007, a position he held until 2008. Kingibe is a Commander of the Federal Republic (CFR).
  • Biyi Otegbeye, BSc, ACII, MBA, LLB, BL

    Group Managing Director

    Biyi Otegbeye is the Group Managing Director of Regency Alliance Insurance Plc. Following the consolidation with three other strong insurance brands in 2007, he was retained as the Managing Director of Regency Alliance. Prior to his founding of Regency Insurance Company in 1993, he began his career at the United Nigeria Insurance Company Limited (UNIC) in 1986. He was the General Manager, Capital Asset Insurance Brokers Between 1990 and 1991. In 1991, he became CEO of Excel Insurance Brokers. Biyi holds a B.Sc. in Insurance and a Masters’ Degree (MBA) in Financial Management and Accounting from the University of Lagos. He is an Associate of the Chartered Insurance Institute London (ACII). He obtained his LLB degree from the Lagos State University and was admitted to the Nigerian Bar as a Barrister and Solicitor of the Supreme Court of Nigeria He sits on the boards of many companies either as chairman or director. They include: Regency Alliance Insurance Limited, Ghana, RIC Microfinance Bank Limited, RIC Properties and Investment Limited, and RIC Technologies Limited. In recognition of his contribution to the nation, he was appointed in April 2013 by His Excellency, the then President of the Federal Republic of Nigeria; Dr. Goodluck Jonathan, as Chairman of the Governing Board of the University of Uyo Teaching Hospital.
  • Clem Baiye

    Non-Executive Director (Awaiting NAICOM’s Approval)

    Clem Baiye is a media entrepreneur and human resource expert with significant banking and corporate experience. He studied at Ahmadu Bello University (ABU), where he obtained a degree in Political Science and at Warwick University (England) where he was awarded M.A. in International Political Economy. As Assistant General Manager, Human Resources Management at the then NAL Merchant Bank from 1988 – 1991, he was responsible for training and staff development. Baiye was a founding Director and later, Chairman of Cornerstone Insurance Plc. He was also founding Chief Executive of Anchor Properties and Trust Plc before he left to pursue other interests. Baiye has built a solid reputation for integrity and a superior grasp of public affairs and is on the board of several companies, including; The Capital Consortium Limited, Security Swaps Limited and Partnership Trust Investment Limited. Baiye is also Chairman of the Editorial Board of NewAge, a quality daily newspaper. He is also the Chief Executive Verity Communications Limited, a bespoke publishing outfit and Verity Associates, a human capital outsourcing company.
  • Aikhionbare Osayaba Matt (OON)

    Non-Executive Director (Awaiting NAICOM’s Approval)

    Aikhionbare Osayaba Matt is a seasoned statesman with many years of service in various capacities. He studied at the University of Ilorin where he obtained a degree and M.A in Linguistics. He served as Principal Aide to three Nigerian Presidents and was appointed by President Olusegun Obasanjo in 2006 as his Special Assistant for Policy & Programme Monitoring. Until his appointment, he was Special Assistant to the President's Special Adviser (Policy & Programme Monitoring). Prior to that appointment, he served as Secretary of the Government of Edo State, the highest appointive position in the Executive at the state level. Aikhionbare was Chairman, Sub Committee on information Management and Community Relations, Presidential Security Committee on Niger Delta and Chairman Board of Directors, Edo Broadcasting service (Radio & Television). He was also Chief Executive Officer, Lifestlye Limited a public relations consultancy and is currently a Member, Board of Regents, Benson Idahosa University, Benin. In 2012, he was awarded National Honour of Officer of the Order of the Niger (OON) for his outstanding contribution to national development.
  • Col. Aminu Isa Kontagora (rtd)

    Non-Executive Director (Awaiting NAICOM’s Approval)

    Col. Aminu Isa Kontagora (rtd) Aminu Isa Kontagora is a retired Colonel of the Nigerian Army and served as military administrator in Kano and Benue States. He studied at the University of Abuja where he obtained a degree in Economics. Kontagora has held various Military and Administrative appointments including Battery commander, Regiment Commander Air Defence Regiments, ADC/MA to General Officer Commanding, Commander Corps of Artilery and Minister of Defence and Chairman Joint Chief of Staff. He was a member of Board of intercity bank plc. He is currently the Managing Director of Sight and Sound Communications Limited and is also Chairman Barmo Farm and Allied products Limited, Marga Development Trust Fund and Kuna Gaba Micro-Finance Bank.
  • Sammy Olaniyi BSc, MSc

    Executive Director (Business Development)

    Mr. Sammy Olaniyi is the Executive Director, Business Development, Regency Alliance Insurance Plc of Nigeria. A member of the Institute of Directors, Olaniyi obtained B.Sc Accounting and M.Sc, Organizational Behaviour from University of Lagos, Nigeria. He is also a Chartered Insurer from London. He has attended various specialized courses both internationally and locally A business Strategist and a versatile marketer, he had his Insurance training in the United Kingdom including the Chartered Insurance Institute’s Lloyd’s Training Centre. He has extensive experience in Insurance Business Development and Marketing Research that makes him a leading resource person in modern business penetration. Olaniyi was a leading member of the consortium of investors who acquired Nigerian Alliance Assurance Corporation Limited in 1996 and was subsequently elected as its Executive Director. He has just concluded his Professional Doctoral programme with the prestigious Middlesex University in London.
  • Kehinde Oyadiran (MBA, FCA, ACII)

    Executive Director (Finance & Administration)

    Mr. Kehinde Oyadiran is a graduate of Accountancy from Federal Polytechnic (Ilaro). – Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Member of Nigerian Institute of Management (NIM). He also has Masters in Business Administration (Finance) from Abubakar Tafawa Balewa University (Bauchi). Mr. Oyadiran attended several Management courses. He started his working career as an Underwriter with WAPIC Insurance Plc and later worked in Finance and Administration Department of the same company and rose to the position of Company Accountant. He joined Nigerian Alliance Assurance Corporation Ltd in 2001 where he rose to the position of Head of Finance.


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