Tangerine Africa

Mr. Ademayowa Adeduro is an accomplished insurance practitioner and corporate turnaround specialist who inspires performance through teamwork and innovation. He became the Managing Director of Tangerine General Insurance Limited (formerly Law Union and Rock Insurance Limited) in November 2018 and led the company through the successful process of divestment, acquisition that met the newly introduced minimum capital for general insurance business in Nigeria. Mr. Adeduro’s commitment to innovation in insurance brought about online real time auto-mobile, travel and marine insurance in the company.

Between February 2008 and December 2017, Mr. Adeduro transformed Anchor Insurance Company Limited from an Akwa Ibom based state-owned company to a National and International player. He grew the total assets base of the company from less than N3billion to over N8billion in the period, He also took on and completed landmark capital projects for the company. For the first time in sub-Saharan Africa, he teamed up with a tech company to introduce Loss of Employment insurance policy Nigeria and obtained the license to underwrite Agric Insurance in the company.

Mr. Adeduro Ademayowa served as AGM and Head of operations in Standard Alliance Insurance Plc until 2008, He was recognised for putting in place sustainable policy and framework for underwriting, claims and reinsurance management.

Between 1996 and 2001, Mr. Adeduro worked for Continental Reinsurance Plc, where he headed portfolios of insurance companies’ reinsurance transactions across West Central and North Africa.

Mr. Adeduro had started his career as an insurance practitioner with Africa General Insurance Nigeria Ltd where he participated in National Youth Service and was retained by the company because of his loyalty and dedication to duty.

Apart from being a board member of Tangerine General Insurance Company, he is also on the Board of Nigerian Liability Insurance Pool, VerifyMe Nigeria and Total Health Trust Limited. He has been a long-standing member of the Finance & General-Purpose Committee of the Chartered Insurance Institute of Nigeria and an Associate Member of CIIN. He is a member of the Institute of Directors, an Associate Member of Nigeria Institute of Management, Chartered Institute of Taxation of Nigeria. He is a Fellow of Association of Investment and Portfolio Managers of Nigeria, Academy for Entrepreneur Studies and a Fellow of the Institute of Chartered Accountants of Nigeria.

Mr. Adeduro Ademayowa graduated about 30 years ago from the prestigious Faculty of Business Administration of the University of Lagos (UNILAG) with a B.Sc. Insurance and had MBA with specialisation in marketing management from Obafemi Awolowo University (OAU), Osun State.