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Abiodun Razzaq Dada
MD/CEO, Lasaco Assurance Plc

Abiodun Razzaq Dada

Set 1978

Abiodun Razzaq Dada, ACII, BL, MBA, FCII (Ghana), is a distinguished insurance executive, legal professional, and strategic business leader with over 35 years of extensive experience in insurance, risk management, underwriting, reinsurance, claims administration, corporate governance, and executive management across Nigeria and Ghana. Throughout his illustrious career, he has consistently demonstrated exceptional leadership, technical expertise, and an unwavering commitment to organizational growth, operational excellence, and sustainable business development.

Mr. Dada has occupied several high-profile executive positions, culminating in his appointment as the Managing Director/Chief Executive Officer of Lasaco Assurance Plc, where he provided strategic direction, championed business transformation, strengthened corporate governance, and enhanced shareholder value. Prior to this role, he served as Acting Managing Director, Deputy Managing Director (Technical), and Executive Director (Technical), successfully leading the company's underwriting, claims, reinsurance, and technical operations. Earlier in his career, he was Managing Director/CEO of Wapic Insurance (Ghana) Ltd., Executive Director at ROE Insurance Brokers Limited, Group Head of Retail Clients Division at Wapic Insurance Plc, and held several progressively responsible management positions in Metropolitan Trust Insurance Company (now Consolidated Hallmark Plc) and City Union Insurance Company.

A highly accomplished professional, Mr. Dada possesses extensive expertise in strategic planning, enterprise risk management, business development, financial performance management, technical operations, regulatory compliance, customer experience, product development, and stakeholder engagement. He has successfully developed and implemented corporate strategies that enhanced operational efficiency, improved underwriting performance, strengthened risk management frameworks, expanded market share, and delivered sustainable revenue growth. His leadership style is characterized by innovation, accountability, strategic thinking, and the ability to build and motivate high-performing teams while fostering a culture of excellence and continuous improvement.

His academic and professional credentials reflect a strong commitment to lifelong learning and professional excellence. He holds an Associateship of the Chartered Insurance Institute (United Kingdom), Fellowship of the Chartered Insurance Institute (Ghana), a Master of Business Administration (MBA) in Marketing, and a Bachelor of Law (BL). He has further strengthened his executive leadership capabilities through globally renowned programmes, including the Authentic Leader Development Programme at Harvard Business School, the Strategic Leadership Programme at the University of Oxford, Integrating Risk into Strategic Decision at Cambridge Judge Business School Executive Education, and several specialised international trainings covering leadership, customer experience, marine insurance, claims administration, fraud detection, and risk management.

Beyond his corporate accomplishments, Mr. Dada has actively participated in public service and political leadership, serving in various capacities within Lagos Island Local Government and remaining an active member of the Finance Committee under the All Progressives Congress (APC). His ability to combine technical excellence with strategic leadership has earned him recognition for contributing significantly to the revival of Wapic Insurance Plc and positioning Wapic Insurance Ghana among the prestigious Ghana Club 100 companies within a short period of operation.

Widely respected for his professionalism, integrity, strong interpersonal skills, and results-oriented approach, Mr. Dada continues to leverage his wealth of experience to drive organizational transformation, mentor emerging professionals, strengthen institutional capacity, and create lasting value for shareholders, clients, employees, and the broader business community.

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