
TITLE: DR.
NAME: ASHIM BABATUNDE SOGUNRO
POSITION: SENIOR LECTURER
INSTITUTION AND LOCATION | DEGREE | Completion Date | FIELD OF STUDY |
University of Lagos-Akoka, Lagos Nigeria | B.Sc. | June 27, 2003 | Actuarial Science |
University of Lagos-Akoka, Lagos Nigeria | M.Sc. | January 28, 2009 | Actuarial Science |
University of Lagos-Akoka, Lagos Nigeria | Ph.D. | November 30, 2016 | Actuarial Science |
Nigeria Institute of Operational Research. | Associate Fellow (AFIOR) | 2009 | Operation Research |
Charted Institute of Insurance of Nigeria. (CIIN) | Member | April 24, 2024 | Insurance |
A. Personal Statement
I am an early-career researcher and certified actuarial educator focused on using quantitative analysis and risk modeling to address challenges in finance, pensions, insurance, and demographic sustainability. My work centers on creating innovative actuarial models and data-driven solutions to enhance pension fund sustainability, life expectancy forecasting, and risk management, particularly in emerging economies. By integrating statistical inference, survival analysis, and predictive modeling, I aim to support policy-making and institutional reform. Passionate about bridging academic research with practical impact, I strive to empower youth, promote evidence-based governance, and strengthen financial systems in Africa and beyond. My goal is to develop scalable tools, educational programs, and strategic frameworks to combat old-age poverty, unemployment, and underinsurance through interdisciplinary collaboration and mentorship, contributing to sustainable development and inclusive economic growth
B. Positions, Scientific Appointments, and Honours
(i) Staff Adviser of Actuarial Science Club (2013 – Till date).
(ii) Department of Actuarial Science Postgraduate Programme Assistant Coordinator 2015- 2019.
(iii) Department of Actuarial Science & Insurance Representative on Learning Management Service (LMS) (2019-Till date).
(iv) Examination Faculty Officer (2020- 2023).
(v) Member of Business Committee of the Faculty (BCOF) (2020 – Till date).
(vi) Member of Faculty Committee on Hooding Ceremonies (2020 – Till date).
(vii) Member of Faculty Environmental and Facility Management Committee (2020 – Till date).
(viii) Hall Warden, Shodeinde Hall, (November 01, 2022 to October 31, 2023.
(ix) Coordinator of FBA 840 for Faculty of Management Sciences, 2023/2024 till Date.
C. Selected Most Recent Publications /Contributions to Knowledge (five (5) maximum)
Ashim Babatunde Sogunro, & Agboola Akeem Bamidele. (2025). An investigation of the effect of pension funds on the insurance industry in Nigeria. Lagos Journal of Banking, Finance & Economic 6(1), April 2025. Department of Finance, Faculty of Management Sciences, University of Lagos, Nigeria.
Olaronke Olufemi Oyelade, Ashim Babatunde Sogunro, & Dallah Hamadu (2025). Actuarial modeling of mortality In Nigeria: Projections and implications for term-life annuities. Journal of Economics and Allied Research 10 (1),149-160 (Mar. 2025) Print ISSN: 2536-7447 and E-ISSN: 3043-6591.
Sogunro, A. B., Olaniyan, S. M., & Udoye, O. B. (2024). Forecasting the Nigerian stock exchange insurance index using ARIMA modelling. Lagos Journal of Banking, Finance & Economic 5(1), December 2024.
Ashim Babatunde Sogunro1, Olaronke Olufemi Oyelade2, Yemisi Olamide Ajiboye3 (2024). Determinants of young adult attitudes towards retirement planning in lagos state. Fuoye Journal of Management, Innovation and Entrepreneurship, 3(2), December, 2024.
Gbenga Michael Ogungbenle1, Ashim Babatunde Sogunro2, Oluwafemi Emmanuel Ogungbenle3 (2024). Death Where is Your Sting? Evidence from the Makeham’s Curve of Death Callisthenics. Journal of Multidisciplinary Research Advancements (JOMRA), 2 (2) (2024), 80 –104. https://www.nepjol.info/index.php/jomra
G. M. Ogungbenle, A. B. Sogunro & E. O. Imouokhome (2024). Constructing the Discount Function with the Parsimonious Extended Nelson-Siegel function: Evidence from the Nigerian Eurobond. Sri Lankan Journal of Banking and Finance, 7(1). DOI: http://doi.org/10.4038/sljbf.v7i1.52
D. Collaborators/ Networks (International inclusive, five (5) maximum)
i. Gbenga Michael Ogungbenle, Department of Actuarial Science, Faculty of Management Sciences, University of Jos, Nigeria.
ii. Kehinde Isiaq OLAIYA, Department of Banking and Finance, Faculty of Management Sciences, Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria.
iii. Okwu, AndyT., Babcock University, Ilishan-Remo, Ogun State, Nigeria.
iv. Adelekan Olalude Gbenga, Department of Statistics, Federal Polytechnic Ede, Osun State, Nigeria.
v. Oluwafemi Emmanuel Ogungbenle, Department of Physiology, Faculty of Natural Sciences, University of Ilorin, Nigeria.