You are here: HomeBusiness2020 01 09Article 336652

Business News of Thursday, 9 January 2020

Source: www.mynigeria.com

Runsewe steps down as AXA Mansard's Executive Director after 16 years

AXA Mansard Insurance AXA Mansard Insurance

Tosin Runsewe has tendered in his resignation as the Executive Director AXA Mansard Insurance Plc after serving for 16 years.

According to a statement released by the firm to the Nigerian Stock Exchange, his resignation is effective January 31,2020.

Explaining reasons for his resignation, Runsewe hinted at other ambitions he looked to pursue beyond the group. The Board nevertheless accepted his resignation, wishing him well. Olusola Adeeyo, Chairman of the Board also noted that he would be sorely missed.

Adeeyo said:

“I want to thank Tosin for his service as Chief Client Officer and Group Executive. His unique expertise and perspective will be missed. On behalf of the entire Board, I wish him the best in his new endeavours and welcome Rashidat and Tope to the Board.

"We are excited about their ability to transform our company and empower our customers to live better lives while building on the strong culture and brand of the global AXA Group."

To continue in his stead two Executive Directors, Rashidat Adebisi and Tope Adeniyi were appointed to replace him.

However, the new appointments are still subject to regulatory approval.

Reacting to the appointments, Adeeyo welcomed Rashidat and Tope on board and hoped their wealth of experience would impact the team.

"On behalf of the entire Board, I wish him the best in his new endeavours and welcome Rashidat and Tope to the Board.

"We are excited about their ability to transform our company and empower our customers to live better lives while building on the strong culture and brand of the global AXA Group,” the Board Chairman added.

Rashidat Adebisi 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 raging from Customer Service, Financial Advisory,Accounting to Audit Services with over 19 years of work experience. She is currently the Head of Distribution where she has been responsible for the Company’s delivery on its 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 is a graduate of Computer Science and an Associate Member of Chartered Insurance Institute, London. Tope’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, Tope 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.