Veritas Kapital Names Adaobi Nwakuche as CEO
Veritas Kapital has officially announced Dr. Adaobi Nwakuche ADAOBI NWAKUCHE as Managing Director and Chief Executive Officer of the Assurance Company.
In a statement posted on the Nigerian Exchange, the company said the decision followed the exit of Mr. Kenneth Egbaran as Managing Director upon the expiration of his contract of service.
It was however noted in the regulatory filing that Nwakuche’s appointment is pending final approval from the National Insurance Commission.
Nwakuche is a seasoned insurance professional, who brings to the fore, over 25 years of distinguished and hands-on service encompassing.
The new CEO experience includes but not limited to, Execution and management of strategic partnerships and alliances; Deal structuring and contract negotiations; Channel development and marketing; and Team development and leadership. All were acquired across several leading national organizations.
Before joining Veritas Kapital Assurance Plc; Adaobi was the immediate past, and pioneer Managing Director/CEO of Heirs Insurance Limited, wherein she orchestrated the strategic direction of the Company.
Her over two-decade career includes experience garnered as Executive Director at Heirs Holdings Group; Director (Commercial division), at Equity Assurances, as well as other high-level positions at STACO and Standard Alliance Insurance Company Limited.
A seasoned business executive with an enviable track record of achieving exceptional results, Adaobi earned her first degree in Government and Public Administration from Abia State University.
She furthered her education by earning an MBA in Business Administration from ESUT Business School. She has a Doctorate in Insurance, Risk. Mgt and Corporate Governance from the prestigious European American University.
The new Veritas Kapital CEO is also a Member of the Chartered Insurance Institute of Nigeria (CIIN), and the Chartered Insurance Institute, UK(CII). Nigeria Eurobond Slumps after CBN Resumes OMO Auction
Adaobi is an Alumnus of Harvard Kennedy School and Lagos Business School. She has attended various national and international executive level training programs and seminars.
