Asiwaju (Dr) Michael Olawale-Cole had served the Lagos State Government of Nigeria as Honourable Commissioner for Finance and Economic Development and later as Honourable Commissioner for Works and Transport. He is from the Royal Family of Toluwalade Osundoye Ruling House of Ojota Kingdom, Lagos State and the Apena Ruling House of Isolo also in Lagos State.
He has been involved in the insurance industry since 1980 and as an astute practitional in the insurance industry, he was the Past National President and Chairman, Governing Board of the Nigerian Council of Registered Insurance Brokers (NCRIB), the umbrella body for all licensed insurance brokers in Nigeria.
Based on his outstanding performance as an insurance broking service provider, he has won many awards among which are the National Insurance Commission (NAICOM) award in appreciation of his support and immense contribution to the 2000 Nigeria International Insurance Summit (NIIS). IN 2001, he was also recognized with a Champion Insurance Day Award for his outstanding contribution to the development of the insurance industry in Nigeria.
The Nigerian Council of Registered Insurance Brokers also honoured him with the Veteran’s Award in 2005 and by the year 2010, he won the appreciation award from the Nigerian Council of Registered Insurance Brokers for his Chairmanship of the paper titled “Insurance Industry in the face of current Financial Reforms.”
He is a distinguished alumnus of the University of Lagos, South West London College, England and the All-Saints’ University of America, New York. He holds the Fellowships of the Nigerian Council of Registered Insurance Brokers, Institute of Directors, UK; Certified Institute of Management, Nigerian Institute of Management (Chartered); Institute of Management Consultants of Nigeria and Chartered Management Consultant.
He is a past District Governor of Rotary International, District 9110 Nigeria and is happily married to Chief (Mrs.) Adebola Olawale-Cole with four children and three grandchildren.