LASACO Assurance Plc has announced the appointment of Mr Razzaq Abiodun as the company’s new managing director and chief executive officer.

Abiodun, who was the company’s deputy managing director (technical) until the new appointment, has over 30 years’ experience in the insurance industry, according to a statement signed by the Company Secretary, Gertrude Olutekunbi.

The statement said he began his insurance career with City Union Insurance Company, where he rose to the position of deputy manager, claims/reinsurance, and was also a Senior Manager at Metropolitan Trust Insurance Company (now Consolidated Hallmark).

It said Abiodun also worked at WAPIC Insurance Plc where he was an assistant general manager before his appointment as pioneer MD of WAPIC Insurance (Ghana) Ltd.

The statement said, “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.

“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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