Leadway Assurance Company Limited, a foremost player in the Nigerian insurance sector, has carried out significant leadership transition in line with the regulatory requirements of the National Insurance Commission (NAICOM).
Following NAICOM’s guidelines on tenure limits for executives, the Board of Directors announced the appointment of Mr. Gboyega Lesi as the Acting Managing Director of Leadway Assurance Company Limited, effective January 1, 2024.
This appointment is subject to the requisite regulatory approval from NAICOM.
This strategic move is a testament to Leadway Assurance Company Limited’s commitment to sustaining the highest standards of corporate governance and adherence to regulatory directives.
The Board expressed confidence in Mr. Gboyega Lesi’s leadership capabilities, underpinned by his close collaboration with Mr. Tunde Hassan-Odukale over the years.
Tunde, commenting on the appointment of his successor, stated, “I am confident in Gboyega Lesi’s leadership, and I believe his expertise and experience in the industry in almost three decades will be instrumental in steering the company towards continued success and growth across the west African insurance market.
“Mr. Lesi, a seasoned professional with a wealth of experience, is well positioned to lead the company into its next phase of growth. His strategic vision and deep understanding of the industry make him an ideal successor to guide Leadway Assurance on its trajectory of sustained success,” Mr. Hassan-Odukale added.
Reflecting on his appointment, Lesi said: “It is an honour to assume leadership of this esteemed company during such a pivotal time. Our robust growth over the years is attributed to our values, a customer-centric culture, and an engaging approach that sets us apart.
“Taking up the mantle to build upon this rich legacy is a challenge I eagerly embrace alongside our dedicated professional team. Our current standing is a testament to our stakeholders, brokers, and peerless customers’ trust in our ability to provide convenient, tech-driven, and reliable risk management support. My determination to consistently deliver excellence remains unwavering. I am wholeheartedly committed to furthering our accomplishments by placing our clients at the center of every aspect of our operations.”
Gboyega Lesi
Mr. Gboyega Lesi studied Civil Engineering at the University of Lagos, Nigeria. His professional insurance career started over 25 years ago as a trainee risk surveyor.
Since then he has gained experience in several aspects of risk management, insurance broking, underwriting, product development, Bancassurance and sales.
Mr. Lesi has attended several courses over the years (locally and abroad) particularly in the areas of insurance underwriting, risk management, strategy, management, operations and marketing. Apart from a B.Sc.
Degree in Civil Engineering, Mr. Lesi possesses an MBA from Aston University in Birmingham, UK. Mr. Lesi is also an Associate of the Chartered Insurance institute of London and Nigeria and a member of the Chartered Management Institute (MCMI) of London.
Prior to his appointment as the Managing Director, Mr. Gboyega Lesi was the Executive Director, Commercial of the Company.
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