Biography
Mr. Wale Onaolapo (MD/CEO) a qualified journalist and a Chartered Insurer holds an MBA with specialisation in Marketing Management from the Lagos State University (LASU). He has over 25 years insurance practice experience involving both broking and underwriting. An associate of CII, London, Onaolapo is also an Alumnus of the Lagos Business School having successfully completed the Advanced Management Programme (AMP) of the school. He has attended many management and leadership courses locally and internationally.
Born on Monday the 7th of May 1962, Wale Onaolapo is currently the Managing Director of Sovereign Trust insurance Plc, Lagos, Nigeria. He joined the company in 1994 as one of the pioneer management team and rose from the rank of Assistant General Manager (Technical Operations) from inception of the company before attaining his current position in January 2008.
Wale completed his West African School Certificate Education in 1980 at the Adekile Goodwill Grammar School in Ibadan, Oyo State, Nigeria. He started work in insurance in 1981 and gained additional professional and academic qualifications while working. Wale obtained Diploma in Journalism in 1985 from the London School of Journalism.
He followed this up with the Associate Diploma of the Chartered insurance Institute of London (ACII) in 1992 and also obtained the Master of Business Administration (Marketing Management) degree from the Lagos State University, Lagos, Nigeria in 1998. Wale was also among the graduating class in 2001 of the Advanced Management Programme (AMP) of the Lagos Business School of the Pan African University, Lagos, Nigeria.
A seasoned professional with entrepreneurial bent, Wale served in various companies where he acquired very wide experience in the business of insurance at different levels. He was with Liberty Assurance Company Limited (1981-1986), Ban-Doy (Brokers) Company (1986-1990), Femi Johnson & Company, Incorporated Insurance Brokers (1990-1992), Unitrust Insurance Company Limited (1992), International Standard Insurers Limited (1992-1994), Sovereign Trust Insurance Plc (1994 to date). Wale has also promoted a number of companies solely or in conjunction with others in pursuit of entrepreneurial dreams. Some of the companies are Davisther Brokers Limited i.e. www.davisther.net, Regent Properties Limited and Insurance Management Consultants Limited i.e. www.imc-ng.com.
Wale has also been extensively involved in other activities in the community. He served as a Member, Electoral Committee, LASUMBA Managers Association of Lagos State University in 1998.
Wale was President of the Just Men Fellowship of the Redeemed Christian Church of God, Gbagada, Lagos from February 2002 to February 2006. He was also elected President of the AMP 12 Class Set Alumni Association of Lagos Business School in November 2003.
Having served in various capacities at committee levels in the prestigious Ikoyi Club 1938, he was eventually elected as the Chairman of the Table Tennis Section of the club in February 2007. An adept Table Tennis player, Wale has won over 30 trophies to his credit in several tournaments organized by the Ikoyi Club 1938.
Wale and his wife Titilayo live in Lagos, Nigeria and they are the parents of three children.
