Group Managing Director



‘Biyi is the Group Managing Director of Regency Alliance Insurance Plc. Following the consolidation with three other insurance companies 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 United Nigeria Insurance Company Limited (UNIC) IN 1986. He was the General Manager, Capital Assets Insurance Brokers Between 1990 and 1991. In 1991, he became CEO of Excel Insurance Brokers.

Biyi holds a B.Sc. in Insurance and a 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 board of many companies as chairman or director. They include: Regency Nem Insurance Limited, Ghana, RIC Microfinance Bank Limited, RIC Properties and Investment Limited, RIC Technologies Limited and Trustfund Pensions.

In recognition of his outstanding leadership qualities, in April 2013 he was appointed 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.