LASACO Appoints Razzaq Abiodun MD/CEO as Segun Balogun Retires
Razzaq Abiodun MD/CEO, LASACO Assurance
Sequel to the retirement of the former Managing Director, Segun Balogun,the Board of Directors of Lasaco Assurance Plc., has appointed Razzaq Abiodun as the new Managing Director/Chief Executive Officer for the underwriting firm.
The firm’s former Managing Director, Segun Balogun, retired from the company effective from May 29, 2021.
This was disclosed in a notification that was signed by the firm’s secretary/legal adviser, Gertrude Olutekunbi and sent to the Nigerian Exchange Group Plc.
Abiodun has over 30 years experience in the insurance industry with technical expertise in claims, reinsurance, underwriting and marketing.
He worked for a host of leading insurance companies like the defunct City Union Insurance, Metropolitian Trust Insurance (now Consolidated Hallmark), WAPIC Insurance Plc, among others.
He joined Lasaco Assurance Plc in 2017 as Executive Director, Technical and later became Deputy Managing Director Technical.
He is an alumnus of the Lagos State University and the Ghana Institute of Professional Studies (GIMPA), where he obtained a MBA and LLB respectively.
