Prudential Zenith Life Insurance Limited announced the appointment of Funmilayo Abimbola Omo as the new managing director. Tokunboh Ishmael is appointed as the new chairman of its board of directors.

OMO is leading the company with experience in the insurance and financial services industries, while Ishmael brings over two decades of experience in investment banking, private equity, and business development. According to Prudential's Africa CEO, Emmanuel Aryee, the new appointments reaffirm the group's commitment to strengthening its presence in Nigeria and on the wider African market. Under the full ownership of Prudential and under the new management, Prudential Zenith Life said it would leverage its global expertise and its bancassurance partnership with Zenith Bank to improve accessibility to its insurance

These appointments follow the recent acquisition by Prudential Plc of the remaining 49% of the shares of Prudential Zenith Life, giving it full ownership of the company.