Zainab Aderounmu 
Africa’s financial services conglomerate, Coronation Group, has reaffirmed its commitment to democratising wealth in Africa, at the CEOs media discussion held Thursday at Coronation Plaza, Victoria Island.
Describing the group, Wole Onasanya, Group CEO at Coronation Group, stated “We are Africa-oriented in our focus, and that’s our scope of play in terms of geography. The second thing is, we provide financial services, and those solutions cut across asset management, and I use that broadly speaking.”
The Group, was founded by the chairman, Aigboje Aig-Imoukhuede, incorporated in 2012 and currently has 11 subsidiaries which cuts across asset management, private equity, registrar business, life and non-life insurance, and merchant banking.
Collectively, the CEOs, of all 11 subsidiaries, have about 300 years work experience but the female representation calls for attention.
Addressing this issue, Onasanya said that some subsidiaries had previously been led by experienced female CEOs.
“We have had experience with female CEOs. The goal definitely is to ensure that we continue to have more. Within our executive bench, as we talked, we have quite a number of women, but it’s something that we are focused on,” he said.
He added that the Chairman of the group is very particular about gender balance. “We will continue to make the effort to ensure that we have appropriate representation at the most senior level from a gender standpoint,” he added.
Coronation Insurance, the only subsidiary of the Coronation group listed on the Nigerian Exchange Limited, has recorded significant growth on its stocks, with a 95.8 percent growth this year.
Beyond financial services, Coronation Group also positions as custodians of Nigerian and African art, where they invite guests to immerse themselves in meaningful art.
Aigbovbioise Aig- Imoukhuede, the Managing Director Coronation Asset Management Limited, said that it’s their way of democratising not just access to wealth but also access to art and to support the company.
Zainab ADEROUNMU A. W. is a First Class graduate of English Language and the Overall Best Graduating Student from the Lagos State University, Lagos Nigeria. She’s a professional Master of Ceremonies, known as The Hijabi Compere , a public speaking coach and Communications Professional. She is currently a Youth advisor to the European Union where she doubles as the Spokesperson and Head of Communications & PR for the Youth Sounding Board.