Almost two months after Adaobi Nwakuche threw in the towel as the Managing Director of HEIRS General Insurance, formerly known as HEIRS Insurance Ltd, over her alleged inability to stomach boardroom politics or work as a team with forces who couldn’t stomach her approach and work ethics, Tony Elumelu, Chairman of the company, has appointed her replacement. Wole Fayemi is now its Managing Director/chief executive officer (MD/CEO).
With over two decades of experience in the Nigerian insurance sector, prior to joining HGI, Fayemi served as Executive Director (Technical) of the old Mutual General Insurance. His deep knowledge of the insurance industry and excellent business development skills is what HGI is relying on to help drive business expansion and establish the company as a 21st Century insurer. As for Adaobi, she has obviously moved on and may have found a place in the oil and gas industry as she recently just returned from an Offshore Technology Conference for the oil/gas sector in Houston, Texas.
Ivory Ukonu is a versatile journalist with many years of experience, with entertainment and society reporting as her area of core competence.
