AXA Mansard Executive Director’s resigns, proposes replacement

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Tosin Runsewe, an Executive Director of AXA Mansard Insurance Plc, has resigned from the company’s board. His resignation takes effect from January 31, 2020.

The Insurance company announced his resignation recently in a notification issued to the Nigerian Stock Exchange (NSE), and the investing public, signed by Omowunmi Adewusi, the Company’s Secretary. According to the statement, Runsewe’s resignation has been approved by the Board.

In furtherance to that,the Board also proposed the appointment of two new Executive Directors. They are Rashidat Adebisi and Tope Adeniyi who are awaiting the approval of the National Insurance Commission (NAICOM).

According to the Chairman, Board of Axa Mansard, Olusola Adeeyo, expressed his appreciation to Runsewe for his leadership and overall contribution to the Company’s growth during his tenure. He also welcomed Adebisi and Adeniyi on board.


Adebisi is a graduate of Business Accounting, Associate Member of the Association of Chartered Accountants of Nigeria (ACA) as well as Associate of Chartered Insurance Institute, London. She has experience in different areas of the financial services industry ranging from Customer Service, Financial Advisory, Accounting to Audit Services with over 19 years of work experience.

She is currently the Head of Distribution in charge of the delivery of the company’s retail strategy. Prior to this, she was CFO for 6 years, strengthening finance, HR and procurement. In addition, she is well respected in the insurance industry being the past Chairperson of the Accounting Technical Committee of the Nigerian Insurers Association. She joined AXA Mansard in 2005.


Adeniyi is a graduate of Computer Science and an Associate Member of Chartered Insurance Institute, London. Adeniyi’s career spans over 19 years from the information management sector, manufacturing to financial services.

He currently heads the Health insurance business, which is the market leader in revenues and profitability. Prior to this, Adeniyi was responsible for AXA Mansard’s Operations and Technology where he was instrumental in the set-up of the enterprise architecture as well as the vast processing capabilities built for the retail business. He joined AXA Mansard in 2008.

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