The Details: This was announced in a notification issued by the firm to the Nigerian Stock Exchange (NSE), and the investing public, signed by Omowunmi Adewusi, the Company’s Secretary. According to the statement, Runsewe’s resignation has been approved by the Board.

The Board also proposed the appointment of two new Executive Directors. They are Rashidat Adebisi and Tope Adeniyi who are awaiting the approval of the National Insurance Commission (NAICOM).

Chairman, Board of Axa Mansard, Olusola Adeeyo, expressed his appreciation to Runsewe for his leadership and overall contribution to the Company’s growth during his tenure. He also welcomed Adebisi and Adeniyi on board.

Adebisi’s profile: She is a graduate of Business Accounting, Associate Member of the Association of Chartered Accountants of Nigeria (ACA) as well as Associate of Chartered Insurance Institute, London. She has experience in different areas of the financial services industry ranging from Customer Service, Financial Advisory, Accounting to Audit Services with over 19 years of work experience.

Adebisi is currently the Head of Distribution in charge of the delivery of the company’s retail strategy. Prior to this, she was CFO for 6 years, strengthening finance, HR and procurement. In addition, she is well respected in the insurance industry being the past Chairperson of the Accounting Technical Committee of the Nigerian Insurers Association. She joined AXA Mansard in 2005.

Tope Adeniyi’s profile: Tope Adeniyi is a graduate of Computer Science and an Associate Member of Chartered Insurance Institute, London. Adeniyi’s career spans over 19 years from the information management sector, manufacturing to financial services.

He currently heads the Health insurance business, which is the market leader in revenues and profitability. Prior to this, Adeniyi was responsible for AXA Mansard’s Operations and Technology where he was instrumental in the set-up of the enterprise architecture as well as the vast processing capabilities built for the retail business. He joined AXA Mansard in 2008.