Mr. Stephen Alangbo, the Managing Director of Cornerstone Insurance Plc, is a distinguished figure in the insurance sector with over 30 years of experience. His career trajectory reflects a remarkable journey of leadership and expertise. Currently at the helm of Cornerstone Insurance Plc, Stephen began his tenure in 2022 as the Executive Director for Technical Operations, underscoring his commitment to the company's strategic vision.
Stephen Alangbo has earned recognition as a Life Insurance Specialist and was a nominee for the African Insurance Award in the CEO Category in 2020, highlighting his industry prowess. His extensive experience encompasses various facets of the insurance business, locally and internationally, serving as the Managing Director of ARM Life Plc which was recognized by the London Stock Exchange as one of ‘The Companies to Inspire Africa in 2019’ based on its high standard of Corporate Governance. Stephen excels in risk management, corporate governance, strategic business development, technical operations, regulatory relationships, broker partnerships, and product design. He is a staunch advocate for compliance, ensuring ethical practices and regulatory adherence.
His contributions to the insurance sector extend beyond his professional roles. He has held key leadership positions, including Chairman of the Life Offices Committee (LOC) of the Nigeria Insurers Association (NIA) and Council Member of NIA. Furthermore, he has represented the industry as a facilitator in the African Insurance Organization (AIO), sharing his expertise on Life Assurance in the West African region. His outstanding performance has garnered numerous awards and accolades, cementing his reputation as an industry luminary.
Stephen holds a B.Sc. in Mathematics with Statistics from the University of Lagos and an MBA from the ESUT Business School, Enugu. He is also an Associate Member of the Chartered Insurance Institute of Nigeria (CIIN). His dedication to excellence and unwavering commitment to ethical business practices continue to shape the insurance landscape, positioning Cornerstone Insurance Plc as a trusted and innovative player in Nigeria's insurance industry. His leadership is characterized by a profound impact, making him a pivotal figure in the sector's ongoing growth and development.