Board of Directors

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Olufemi Olukayode Ogunlowo BSc, MSc, PHD


Dr Olufemi Ogunlowo has a B.SC Civil Engineering (First Class with Honours) degree from the University of Ibadan; a Master’s Degree with Distinction in Water and Waste Engineering and PhD in 2016 from the School of Civil and Building Engineering, both from Loughborough University, UK. He has business experience spanning 30 years in management consulting, banking and engineering and has attended strategy and leadership programmes in front line institutions including Strategy School, St. Charles, Chicago Illinois, School of Management, Cranfield University, UK and Lagos Business School.

Dr Ogunlowo started as a pupil a structural engineer and later was the planning engineer of the World Bank-assisted Lagos State Water Expansion project. Subsequently, he recorded outstanding results in strategy formulation and project execution as a Senior Strategy Consultant for Financial Services Industry in Andersen Consulting and later an Assistant Vice President and Lead Strategist at First City Monument Bank.

Dr Ogunlowo established BMC Consultants Ltd, a strategy and human resources advisory firm, in 2003 and successfully led many strategy formulations and implementation programmes in the insurance industry and provided human resources and operational support to some of the leading insurance carriers in Nigeria. As the founding Chief Executive Officer of Strategic Outsourcing Limited, Dr Ogunlowo nurtured SOL from a conceptual idea in 2006 to become a leading personnel outsourcing firm in Nigeria ranked among the ten largest employers. He has masterminded and implemented retail sales strategies for many insurance companies and recorded outstanding results.

Dr Ogunlowo is a Fellow of the Institute of Management Consultant, Fellow of the Institute of Management Specialists (IMS) the UK, Fellow of the Association of Outsourcing Professionals, a Member of the Chartered Institute of Personnel Management; a licensed HR practitioner; a Certified Management Consultant; Member, Nigeria Institute of Management; and Council Member of Human Capita Providers Association of Nigeria.



An astute and versatile insurance professional per excellence with international and local brokerage and claims administration experience in broad areas of financial institutions, insurance and risk management, marine, aviation, safety, oil and gas insurance consultancies and administration. She is an experienced Compliance regulator and proficient ICT researcher with vast experience in handling both management and financial accounting consultancies according to FSA standard.

A protégé of Chief (Dr.) Oladipupo Bailey, she is a shrewd insurance broker with world class cum multinational capacity for insurance Policy and brokerage administration.

Elizabeth cuts her insurance teeth from the Bailey’s insurance dynasty before joining FEGIC Fire, Equity and General insurance and Alliance and General Insurance in Lagos as Graduate insurance Technician before proceeding to the UK for higher academic development and career in Insurance. She acquired a Diploma in Law from the University of Lagos and is a proud graduate of the West African Insurance Institute (The Gambia). She then bagged a Post Graduate Diploma in Insurance & Risk Management from The Enugu State University. She holds a Master of Science degree in Financial Management from the University of East London in United Kingdom. To further crown and solidify her academic & technical excellence, she attended the then called London Guildhall University and qualified as an Associate of The Chartered Insurance Institute of London in 2004.

She started her career in England as a claims technician and insurance administrator with United Insurance Brokers and onwards to Oceanic Insurance Consultants ltd in 2005 and grew overtime into the positions of the Finance Manager and head of operations with particular responsibility for Marine (H&M) insurance, Fire, Aviation, Property, Bond, CAR/EAR, Business Interruption Insurance, etc.

Then moved to the renowned Marsh and MacLennan companies Ltd who are the global leaders in insurance broking and risk management as a senior multinational Account Manager in Marsh where she was responsible for handling, managing and growing multinational clients, dealing with various types of general insurance products, assessing, placing new businesses and distributing them to departments, generating leads and utilizing referrals.

She combined her vast professional and academic qualifications in insurance and financial management to establish herself as an international expert in general insurance policy formulation, product development, insurance product launch, administration, field organization and control, customer relationship and claims management. She was responsible for multinational accounts, high level premium & client money management, claims and settling direct brokers or insured and building on existing database archiving and retrieval of files.

Currently, she is a Director at Shepherds Insurance Brokers Limited and a Client Director with Konsileo (a new age insurance technology company) where she is responsible for the future growth of her team of account management and being the super-user of the trading platform between insurers and in-house brokers.

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Managing Director/CEO

He is a graduate of Insurance from The Institute of Management and Technology (IMT) Enugu in 1992 and has a Master of Business Administration (MBA) from the Federal University of Technology, Akure in 2002. He is also an Associate member of the Chartered Insurance Institute of Nigeria (ACIIN) 1996.

He started his career with International Standards Insurers (ISI) Limited in 1994, Investments And Allied Assurance Limited 1998, Profund Securities Insurance Broker Limited 1999, Intercontinental Bank Plc 2008, Downstream Retail Investments Limited 2010, before becoming the General Manager/CEO of Standard Chartered Insurance Brokers (2014) and later moved to Peril Guard Insurance Brokers (2016) as Assistant General Manager /COO a position he creditably held before joining Shepherds Insurance Brokers as Managing Director/CEO.

He is a seasoned Insurance Underwriter/Brokers and with high level of managerial skill acquired over the years and has attended several Managerial trainings and seminars.