Moses Ojeisekhoba

About Moses Ojeisekhoba

Independent director at JLL since 2022 (3 years of board tenure), age 58. Currently President of Resolution Life; previously senior executive at Swiss Re (Group Executive Committee member for 12+ years), with prior roles at Chubb Insurance Company and Prudential Insurance Company. Education: BSc in Statistics (University of Ibadan) and Master’s in Management (London Business School). Core credentials span global risk management, financial services leadership, sustainability integration, and human capital oversight .

Past Roles

External Roles

Board Governance

• Independence: Board determined all non‑employee directors (including Moses) are independent under NYSE standards; only the CEO is non‑independent .
• Committees: Member, Compensation Committee; Member, Nominating, Governance & Sustainability Committee (all non‑employee directors are members) .
• Attendance and engagement:
  • Board met 7 times in 2024; each director attended at least 80% of Board and relevant committee meetings; Board held 8 executive sessions without management .
  • Compensation Committee met 7 times in 2024 with 95% attendance among members .
  • Nominating, Governance & Sustainability Committee met 4 times in 2024 with 98% attendance among members .
• Board leadership and process: Independent Chairman (Siddharth “Bobby” Mehta) presides over executive sessions and is an ex officio member of all committees; separate Chair/CEO structure maintained .

Fixed Compensation

• Structure and 2024 components:
  • Annual cash retainer: $115,000 (increased from $100,000 effective June 1, 2024) .
  • Committee retainers: Audit & Risk Chair $25,000; Compensation Chair $25,000; NGS Chair $15,000; non‑chair members: Audit & Risk $10,000; Compensation $10,000; NGS $5,000 .
  • Equity grant: $200,000 in JLL common stock annually (Chairman receives an additional $110,000) .
  • No meeting fees; reasonable expenses reimbursed; no perquisites to Board members; annual cap of $750,000 total director compensation (cash + equity) .
• 2024 amounts for Moses Ojeisekhoba:

  Component	Amount (USD)
  Fees Earned or Paid in Cash	$123,750
  Stock Awards (grant-date fair value)	$200,000
  Total	$323,750

Performance Compensation

Other Directorships & Interlocks

• Current public company boards: None disclosed for Moses Ojeisekhoba in JLL’s proxy .
• Committee roles at other public companies: Not disclosed .
• Related-party or interlock risks: Board reviews related‑party transactions >$120,000; none identified as material affecting independence across directors; transactions considered routine and non‑material .

Expertise & Qualifications

• Finance/Accounting: Risk and investment optimization in highly regulated insurance contexts .
• Global Business: Led multi‑continent operations (Asia Pacific President at Swiss Re) .
• Human Capital: CEO‑level leadership of large global workforces .
• Risk Management: Three decades in reinsurance risk; commercializing risk knowledge .
• Sustainability: Embedded sustainability in underwriting and investment practices at Swiss Re .

Equity Ownership

• Stock ownership guideline: Must own JLL stock worth $575,000 by the fifth anniversary of board election; includes unvested RSUs and deferred shares .
• Prohibitions: Insider trading policy prohibits pledging, short sales, and most hedging; pre‑clearance required for trades; blackout periods apply except under Rule 10b5‑1 plans .

Director ownership trend:

• Alignment note: As of Mar 31, 2025 Moses holds 4,531 shares valued at $1.12M, exceeding the $575k ownership guideline threshold well ahead of his fifth anniversary requirement .

Governance Assessment

• Board effectiveness and independence: Strong independent oversight with separate Chair/CEO; Moses serves on Compensation and NGS committees central to pay governance and sustainability/public policy oversight .
• Attendance and engagement: High committee attendance rates (95% Compensation; 98% NGS) and at least 80% Board attendance; frequent executive sessions reinforce independent oversight .
• Pay alignment for directors: Equity‑heavy mix (approx. 63% of base Board compensation in stock) aligns with shareholders; no meeting fees/perks; compensation capped to curb inflation risk .
• Ownership and trading discipline: Moses’ direct shareholding increased materially YoY and exceeds guideline threshold; pledging/hedging prohibited—reduces alignment red flags .
• Conflicts/related‑party exposure: No material related‑party transactions deemed to impact director independence; formal review framework in place .
• Broader pay governance signal: 2024 say‑on‑pay approval ~90% indicates investor support for compensation governance and performance linkage at JLL; Compensation Committee uses independent consultant and robust clawback policy compliant with Rule 10D‑1 .

RED FLAGS: None disclosed for Moses regarding attendance shortfalls, related‑party transactions, pledging/hedging, or option repricing. Ongoing monitoring warranted for any business interactions between JLL and Resolution Life; current proxy notes no material relationships affecting independence across directors .