Billionaire Tony Elumelu changes name of one of his companies as he makes new appointments

  • Heirs Holdings has made new appointments to two of its subsidiaries at top management levels
  • With a corporate name change, Heirs Insurance Limited will now be referred to as Heirs General Insurance Limited
  • Wole Fayemi is to assume the position of Managing Director and Chief Executive Officer of Heirs General Insurance
  • Tosin Bayo-Yusuf has been promoted to the position of Executive Director and Chief Operating Officer of Heirs Life Assurance

Tony Elumelu’s Heirs Holdings has made new appointments to two subsidiaries, Heirs Insurance Limited and Heirs Life Assurance.

The company, in a statement, announced the appointment of two individuals to senior leadership positions and unveiled an official name change from Heirs Insurance Limited to Heirs General Insurance Limited.