BY NKECHI NAECHE- ESEZOBOR—Veritas Kapital Assurance Plc, has notified the Nigerian Exchange Limited (“NGX’’), of its appointment of Dr. Adaobi Nwakuche, as it’s new managing Director/ CEO, following the exit of Mr. Kenneth Egbaran as Managing Director upon the expiration of his contract of service with the Company.
The notice added that the appointment of Dr. Nwakuche is pending final approval from National Insurance Commission.
Adaobi Nwakuche is a seasoned insurance professional, who brings to the fore, over Twenty-Five (25) years of distinguished and hands-on service encompassing; but not limited to, Execution and management of strategic partnerships and alliances; Deal structuring and contract negotiations; Channel development and marketing; and Team development and leadership. All acquired across several leading national organizations.
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Prior to joining Veritas Kapital Assurance Plc; Adaobi was the immediate past, and pioneer Managing Director/CEO of Heirs Insurance Limited, wherein she orchestrated the strategic direction of the Company. Her over two-decade career includes experience garnered as Executive Director at Heirs Holdings Group; Director (Commercial division), at Equity Assurances, as well as other high-level positions at STACO and Standard Alliance Insurance Company Limited.
A seasoned business executive with an enviable track record of achieving exceptional results, Adaobi earned her first-degree in Government and Public Administration from the Abia State University. She furthered her education by earning an MBA in Business Administration from ESUT Business School.
She has a Doctorate in Insurance, Risk. Mgt and Corporate Governance from the prestigious European American University. She is also a Member of the Chartered Insurance Institute of Nigeria (CIIN), and the Chartered Insurance Institute, UK(CII).
Adaobi is an Alumnus of Harvard Kennedy School and Lagos Business School.
She has attended various national and international executive level training programs, and seminars.
