Board of directors and shareholders of Niger InsuranceÂ Plc have at the 39th Annual General Meeting of the company held at Tinapa Business Resort in Calabar, Cross River State approvedÂ the promotion of the Executive Director (Finance & Admin) Mr Dauda Kolapo Adedeji as the Deputy Managing Director of the company.Â The promotion of Adedeji in is in line with the companyâ€™s succession plan over the years.
Building a successful company like Niger Insurance requires dedication, commitment and hard work and those qualities had worked well for the insurance company.
Once a company is established, business succession or business continuation planning becomes an essential part of the process to assure future continued grow.
Business succession planning refers to a comprehensive strategy for transitioning a business from the current CEO or managing partners to a successive generation.
Mr. Dauda Kolapo Adedeji is trained as Auditor, Tax and Management Consultant at the Lagos office of Z.O. Ososanya & Co., a first generation indigenous firm of Chartered Accountants with international affiliations. He was a Team Leader as at the time he left to join Niger Insurance Plc as Manager (Accounts) in 1992.
He was appointed Executive Director (Finance and Administration) of the company in 1999, the position he still holds. A fellow of the Institute of Chartered Accountants of Nigeria and an Associate of Nigerian Institute of Management (Chartered), he is an alumnus of the Polytechnic Ibadan (1987) and Enugu State University of Technology where he obtained a Masters Degree in Business Administration (1998).
He has wide and varied executive educational experience including an Advanced Management Programme at the Lagos Business School. He is married with children.