Barely three years after she was appointed as the MD/CEO of Heirs Insurance Limited, Adaobi Nwakuche has thrown in the towel. While inside sources claim she was a victim of boardroom politics and allegedly forced out by forces who couldn’t stomach her approach and work ethics, others expressed the opinion that she has gained a higher ground which will unfold in due course. A cursory look at the company’s website shows that her photograph has already been yanked off.
Not a few people within the hallowed halls of the insurance company can attest to the sharp business acumen of Adaobi who is fondly referred to as the first lady of Nigeria’s insurance industry. Adaobi rose to become Managing Director in 2020 after five years as the company’s Executive Director, Business Development due to her far-reaching prominence in that sector. Her popularity also extends to the social circles, where she is one of the hottest and most eligible divorcees.
A graduate of Government and Public Administration from the Abia State University with a Masters degree in Business Administration from the Enugu State University of Science and Technology and a PhD in Insurance, Risk Management and Corporate Governance, she has held sway both in the insurance industry and on the social scene for the past 20 years without her popularity waning one bit. From her rookie days at Standard Alliance, she rose through the ladder of success plying her trade at Standard Assurance Company of Nigeria before moving on to Equity Assurance before berthing at HEIRS Insurance.