• Monday, April 15, 2024
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BusinessDay

Leadway Assurance names new chairman, executive director

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 The Board of Directors, Leadway Assurance Limited has announced the appointment of Umar Yahaya as chairman of the Board, to replace its founding chairman, Hassan Hadejia – Shettiman who passed on recently while Adetola Adegbayi was also announced the executive director in charge of General Business.

Yahaya brings a wealth of experience in management and business strategy, having served on the boards of several companies including First Bank of Nigeria plc and New Africa Merchant Bank Ltd. He has been a director of Leadway Assurance since 2006. A seasoned entrepreneur and administrator, he is currently also a director on the board of Fidelity Bank plc; First Pension Custodians and the trustees of PZ Cussons. He is presently the managing director/chief executive officer of Associated Haulages (Nig.) Limited and the president of the Kaduna Chamber of Commerce and Industry.

Adegbayi, the new executive director, joined Leadway Assurance 18 years ago as an assistant manager, rising to the position of general manager (Business Services and Special Risks in 2009). She is a legal practitioner with varied experience in legal research, corporate legal practice, insurance and financial services. She holds a Bachelor of Law degree from the University of Glamorgan, Wales and a Master of Law degree from the University of Bristol, England, graduating with distinction in Jurisprudence. She is also an associate of the Chartered Insurance Institute, London and the Chartered Institute of Arbitrators, UK.

Oye Hassan-Odukale, chief executive officer said the appointments reflects the dynamism within Leadway Assurance Company and its robust governance structure. He stated that the appointment of an Executive Director for General Business reflects new directions within its Life and General Business Divisions, in order to position the company for future growth and expansion.