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Law Union & Rock Insurance appoints Adeduro MD/CEO - The Revealer
Insurance

Law Union & Rock Insurance appoints Adeduro MD/CEO

The board of Law Union and Rock Insurance Plc has announced the appointment of Ademayowa Adeduro as the new Managing Director/Chief Executive Officer.

This was contained in a statement to the Nigerian Stock Exchange (NSE) that the appointment is subject to the approval of the National Insurance Commission (NAICOM), the industry regulator.

According to the statement, the decision to choose Adeduro as the MD/CEO was taken at the meeting of the company’s board directors held on October 24, 2018.

Mr. Ademoyowa Adeduro, MD/CEO Law Union and Rock Insurance Plc

“This is sequel to the expiration of the contract of appointment of its MD/CEO, Akinjide Orimolade, on October 20, 2018, having led the company’s management successfully for four years,” the statement said.

Law Union and Rock Insurance revealed that Adeduro is a core insurance practitioner with a Bachelor’s degree in Insurance from the University of Lagos (UNILAG) and Master’s degree in Marketing from the Obafemi Awolowo University (OAU), Ile Ife, Osun State.

A Fellow of the Institute of Chartered Accountants of Nigeria (ICÅN), Mr Adeduro is also an Associate Member of the Chartered Insurance Institute of Nigeria (CIIN) and the Nigerian Institute of Management (NIM).

With experience spanning over two decades in the financial industry of Nigeria, the MD Designate possesses core competencies in areas such as clients/ relationship management, Non-life re/insurance underwriting, marketing, product innovation and development, risk and claims management, leadership, motivation and mentoring, regulatory compliance, accounting and cost control, turnaround and change management, project.

His appointment, after due regulatory approval, is expected to consolidate significantly on the successes recorded by the company in the past half a decade.

 

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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