Idowu Semowo holds a Bachelor of Science Degree in Fisheries Management in 1990 from the University of Ibadan and a Master of Business Administration in Marketing from the University of Lagos (1995). He is a Fellow of the following institutes: The Institute of Chartered Accountants of Nigeria [FCA], Chartered Institute of Bankers of Nigeria [FCIB] and Chartered Institute of Stockbrokers of Nigeria [FCS]. 

He started his career with BBC Balogun Badejo & Co [a firm of Chartered Accountants] in 1993 and later worked with some banks: UTB, Magnum and MBC International Bank Limited between 1997 and 2005. He has over thirty-one years of experience in the financial industry [Auditing, Banking and Stock Broking]. 

Idowu worked with Kinley Securities Limited as AGM [Finance Services] up till December 2007 before joining NEM Insurance Plc in 2008. He has attended several courses on Professional Management, Leadership, Credit Analysis, Selling, Marketing and Costing of Financial Services and Products. 

Given his extensive expertise, he was appointed as Executive Director (Finance & Investment) of NEM Insurance Plc in August 2023.