The Board of Directors of Vanguard Life Assurance Company Limited has appointed Mr George Addison as the new Managing Director (MD) of the company.
He comes to the position with over 20 years’ experience in the insurance industry, 12 years of which has been in leadership and senior management positions in underwriting, marketing, business and products development and general management.
A release issued on September 13 in Accra announcing his appointment said, “Mr Addison is a Chartered Insurer of the Chartered Insurance Institute (CII) of the United Kingdom (UK). Mr Addison holds an Executive Master of Business Administration (EMBA), Finance option and a Bachelor of Science (BSc) in Administration from the University of Ghana, Legon.
He has further attended various local and international professional development programmes.
Having served as the immediate past Chief Executive Officer (CEO) of Old Mutual Life Assurance and the Managing Director of StarLife Assurance, Mr Addison joins Vanguard Life with diverse knowledge and experience in insurance and pensions management, strategy and finance, risk management and corporate governance.”
The release added that Mr Addison was also a product of the Life Insurance Module for Middle-Level Executives from the National Insurance Academy in Puna, India.
He is the author of “Standing Out” – a book on personal leadership for young executives who aspire to be at the top rung of the corporate ladder.
Strategic vision
The release explained that Mr Addison had returned to the Vanguard Family where his professional journey in insurance began and where he worked for a decade.
“To him, this is a homecoming and his major strategic goal as he rejoins Vanguard Life to assist in the transformation of the business and, as he confidently put it, ‘to finish the unfinished business’ by leading the business to recapture its pioneering and dominant leadership position by shaping and impacting the insurance landscape in Ghana and beyond”.
To Mr Addison, coming back to Vanguard Life at this time provided an awesome opportunity to put Vanguard Life where it was supposed to be – at the vanguard of the insurance league table in Ghana and beyond.
Mr Addison’s unique mix of strategic vision, deep level of focus, emotional intelligence, results-oriented attitude, passion, leadership skills and discipline combined with his intimate understanding of the insurance industry make him the right person to lead Vanguard Life.
The tradition of Vanguard Assurance has been the development of leadership in all that pertains to insurance, ranging from innovative products development, growing and development of talents and professionals and producing some of the industry best brains.
That tradition, according to Mr Addison, must continue and Vanguard Life’s focus would be to re-enact and re-energise the vision of the forebears in growing our own talents for the industry.
