Barrister Olubiyi Oladipupo Otegbeye is the founder and Group Managing Director of Regency Alliance Insurance Plc. He had his early education at Christ Church School, Porogun Alapo, Ijebu Ode, Comprehensive High School, Ayeyoro, and CMS Grammar School, Bariga, Lagos. He holds WASC and HSC certificates. Otegbeye

At the age of 20, he graduated from the University of Lagos in 1984 with a Bachelor’s Degree in Insurance in 1987, and with a Master’s Degree (MBA) in Financial Management  and Accountancy. He qualified as an Associate of the Chartered Insurance Institute of London (ACI) in 1988.
Otegbeye studied law at the Lagos State University and graduated with LL.B in law in 2001. He went to the Nigerian Law School, and was admitted to the Nigerian Bar in 2003 as a Barrister and Solicitor of the Supreme Court of Nigeria.
Following his NYSC placement at Nigerian Reinsurance Corporation, Otegbeye began his working career as a Senior Manager at the United Nigeria Insurance Company Limited (UNIC) in 1986. In 1991, he was the General Manager, Capital Asset Insurance Brokers and he became the Chief Executive Officer (CEO) of Excel Insurance Brokers. Otegbeye founded the Regency Insurance Company Limited in 1993 at the age of 30. The company became a publicly quoted Insurance Company – Regency Alliance Insurance Plc in 2007. Otegbeye
In 2012, Otegbeye was appointed by the Ogun State Governor to serve as a member of the fact-finding panel of Gateway Industrial and Petroleum Institute, Onne, and in recognition of his contribution to national development, he was appointed as Chairman of Governing Board of University of Uyo Teaching Hospital in April 2013 by the then President of Nigeria. From 2018 to 2019, he served as a member of the Ogun State Judicial Service Commission.
Otegbeye is also a member of Olabisi Onabanjo University Development Foundation, a Fellow Lecturer, University of Lagos, Fellow, School of Management, The Bells University and Fellow, School of Management, Caleb University. He is a receipient of many recognitions and awards including: Merit Award, Ogun State Chambers of Commerce and Industry, Merit Award, Comprehensive High, Ayeyoro, Old Students Association, Merit Award University of Lagos Alumnus Association, three times Merit Award Distinguished Son of Yewa and recently recognised in Top 25 CEOs Award for Companies Listed on the Nigerian Stock Exchange.
He sits on the Board of many companies either as Chairman or Director.
Biyi is a compassionate man who is reputed for his zeal in youth education and empowerment in Ogun State. He is the Founder of Building Opportunities For Tomorrow (BOT), an NGO established in 2010 for youth development, women empowerment and medical intervention. The impressive initiative has impacted over 27,000 beneficiaries till date. Otegbeye
In terms of his political affiliation, Otegbeye is a proud member of the Allied People’s Movement (APM), Ilaro Ward 1, Ogun West Senatorial District. Before becoming an APM member, he was a member of APC. In 2015, he was the Senatorial candidate of Social Democratic Party (SDP) for Ogun West Senatorial District. In 2019, he was the APC candidate for the Yewa South/ Ipokia House of Representatives election.
Aside his business and political interests, Otegbeye is passionate about his continuous education and development. He has attended several local and international conferences at  world renowned institutions, some of which include: Northwestern University, Management Institute of Technology (MIT), Columbia Business School, Chartered Insurance Institute, Lloyds of London, etc. He has also presented several papers, many of which have been published locally and internationally on the subjects of insurance, Law, Corporate Governance, Business Ethics, Retirement Planning and Youth Development.Otegbeye
Biyi is an indigene of Ilaro, Yewa South in Ogun State and is happily married to Dr. Comfort Otegbeye and the family is blessed with three children.
BOT Media Office
10th August 2022


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