Adeolu Adewumi-Zer, a leading lady in Nigeria’s insurance sector
Staff, 2022-10-27 20:03:08,
Adeolu Adewumi-Zer currently serves as the Managing Director and Chief Executive Officer for Allianz Nigeria Insurance Ltd (Allianz Nigeria), a subsidiary of the German multinational Allianz SE. She was appointed to this role in September 2020.
In the wake of sustained losses at Allianz Nigeria, Adeolu was brought in to stabilize the business and lead a transformation effort that would shift the company on to a clear path to profitability. Within her first 16 months, Allianz Nigeria delivered an underwriting profit for the first time in three years. As a transformational leader, she also drove HR best practices in Allianz Nigeria, including formalising a flexible work-from-anywhere HR policy for all employees and elevating Allianz Nigeria to become an employer of choice.
Prior to this role, Adeolu served as the first and only female member of the Allianz Nigeria board as Non-Executive Director. Concurrently, she was the Regional Head of Mergers, Acquisitions and Transformation Africa for the Allianz Group where she led the acquisition of what is now Allianz Nigeria in 2018.
Adeolu is a US-trained actuary and business consultant with over two decades of professional experience. Her career has seen her move from the USA to hold executive positions in Europe, Asia and now Africa. She is a member of the Institute of Directors Nigeria (IoD Nigeria), the Nigerian Actuarial Society (NAS), Women in Management, Business and Public Service (WIMBIZ), amongst other local and…
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