News

February 12, 2025

GRP Insurance Brokers, BOOM Foundation celebrate Funmi Babington-Ashaye @ 60

GRP Insurance Brokers, BOOM Foundation celebrate Funmi Babington-Ashaye @ 60

By Peter Egwuatu

The Global Risks Perspective Insurance Brokers Ltd. (GRP) and the Baasorun Olalekan Olaniran Muslihudeen Foundation (BOOM) have congratulated Dr. Funmi Babington-Ashaye on her 60th birthday, commending her outstanding career in the insurance industry and her contributions to Nigeria’s socioeconomic growth.

In a statement made available to Vanguard on Wednesday, February 12, 2024, the organizations highlighted her achievements and enduring impact on the sector.

“As the 48th President of the Chartered Insurance Institute of Nigeria (CIIN), Babington-Ashaye demonstrated exemplary leadership, driving innovative reforms that elevated industry standards and expanded financial security for Nigerians. She remains a trailblazer as the CEO of Risk Analyst Insurance Brokers and a prominent member of the Professional Insurance Ladies Association (PILA),” the statement read.

BOOM described Babington-Ashaye as a worthy ambassador of the Egba people, likening her influence to legendary Egba figures such as Madam Tinubu and Madam Olufunmilayo Kuti.

Her impressive career spans leadership roles, including serving as:

Managing Director of Cornerstone Insurance Plc

Past President of CIIN

Founder of Risk Analyst Insurance Brokers Ltd.

These contributions have cemented her legacy in Nigeria’s insurance and financial sectors as a woman of excellence and innovation.

Baasorun Olalekan Olaniran-Ilori further emphasized her transformative impact, noting that her leadership at Cornerstone Insurance Plc and NICON Insurance Corporation played a pivotal role in shaping the sector’s development.

Beyond insurance, her involvement with the Chartered Institute of Directors (IoD) and the Lagos Chamber of Commerce and Industry (LCCI) underscores her dedication to fostering economic growth and industry excellence.

Babington-Ashaye’s influence extends beyond the boardroom through her Funmi Babington-Ashaye Foundation, which has empowered countless individuals through various initiatives.

Baasorun Olalekan Olaniran praised her as a visionary leader whose work continues to uplift industries and communities, ensuring a lasting legacy of excellence and empowerment.