LASACO appoints Razzaq Abiodun as Managing Director

LASACO Assurance Plc has notified the Nigerian Exchange Limited (NGX), shareholders and stakeholders of the appointment of Razzaq Abiodun as the Managing Director following the retirement of Mr. Segun Balogun.

Razzaq Abiodun was the Deputy Managing Director (Technical) of the LASACO until his recent appointment as MD/CEO. He has over 30 years experience in the insurance industry spanning claims, underwriting and marketing. He began his insurance career with City Union Insurance Company where he rose to the position of Deputy Manager, Claims/Reinsurance.

He was also a Senior Manager at Metropolitan Trust Insurance Company (now Consolidated Hallmark). Abiodun also worked at WAPIC Insurance Plc where he was an Assistant General Manager, before his appointment as pioneer Managing Director of WAPIC Insurance (GHANA) Ltd.

He holds a Master’s degree in Business Administration from Lagos State University; and is a Graduate of Law from the Ghana Institute of Management and Professional Studies (GIMPA).

Abiodun is an Associate of the Chartered Insurance Institute of United Kingdom. In 2012, he was awarded the Fellowship of the Chartered Insurance Institute of Ghana.

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