Olalekan is a graduate of University of Lagos. He started his professional career with Sovereign Trust Insurance Plc where he acquired considerable experience in General Business Underwriting and Reinsurance Operations. He joined AXA Mansard Insurance Plc in February 2004 and left in 2017 as Chief Underwriting Officer with additional responsibility for the company’s distribution activities in the Public & Infrastructure Sectors and management of the Life and Savings Portfolio.
His last role was Executive Director, Operations of Veritas Kapital Assurance Plc where he was responsible for overall Business Development and Technical Operations of the company. With over 22 years cognate experience in various insurance roles including Chief Underwriter, Reinsurance Manager, etc. Olalekan specializes in direct and treaty Reinsurance, Underwriting, Commercial claims handling, extensive Client and Brokers relationship management.
He is an Associate of the Chartered Insurance Institute of Nigeria (ACIIN) and Council of Registered Insurance Brokers of Nigeria (ACIB) as well as member of Chartered Insurance Institute of London (CII). He has attended several technical courses including Engineering & Special Risk courses organized by Africa Re, Oil & Energy Seminar organized by Munich Re and Energy Underwriting Seminar by HSBC, London.
He has also attended development programs at leading institutions including the Finance for Non-Finance Executives, IMD Switzerland and the Senior Management Program, Lagos Business School. He is a prolific lecturer in the area of risk management with special bias for Reinsurance and Alternative Risk Transfer Mechanisms.