;

Your Passport
to Global Medicare

LEARN MORE

Your Passport
to Global Medicare

LEARN MORE

| title of post

AXA Mansard General Counsel & HRD, Omowunmi Adewusi, Says Employers Must Carefully Manage Transition as New Tax Reforms Take Effect

PRESS RELEASE

AXA Mansard Insurance Plc’s General Counsel & Human Resource Director, Omowunmi Mabel Adewusi, has urged employers across Nigeria to adopt structured change management strategies as the country transitions into a new tax regime. She emphasized that beyond compliance, organizations must deliberately manage the internal adjustments required to successfully navigate the evolving regulatory landscape.

She made this call while speaking as a panelist at the “Advocacy Round Table” webinar hosted by the Chartered Institute of Personnel Management of Nigeria (CIPM). The session convened industry leaders and policy stakeholders to examine the implications of the new tax framework on businesses and the broader cost of operating in Nigeria.

Addressing the complexities that often accompany major policy shifts, Omowunmi highlighted the importance of proactive leadership and structured transition planning within organisations.

“There needs to be a serious change management strategy that every employer must embark upon,” she stated. “The transition to a new tax framework goes beyond regulatory compliance. Organisations must ensure that their internal systems, policies, and people are aligned to adapt effectively to the new environment.”

She further emphasised that transparent communication will be critical to maintaining trust and stability within organisations during the transition period.

“Employers need to be more open with communication, more transparent, and more understanding as they move towards adopting the new tax act,” she added, noting that clear engagement with employees and stakeholders will help reduce uncertainty and support smoother implementation.

Omowunmi also expressed optimism about the long-term outlook of the reforms, describing the new tax framework as an opportunity to strengthen Nigeria’s economic competitiveness. She encouraged startups and emerging businesses to view the reforms as a potential enabler for growth, urging them to leverage the evolving regulatory structure to build stronger operational foundations.

Her remarks reinforce AXA Mansard’s broader commitment to thought leadership on critical economic and regulatory issues that shape the Nigerian business environment. By contributing expert perspectives to policy conversations, the organisation continues to support efforts aimed at building a more transparent, resilient, and investment-friendly economy.

Contacts

MARKETING TEAM marketingteam@axamansard.com
INVESTOR RELATIONS CONTACT investorrelations@axamansard.com

PRESS RELEASE

Subscribe to our email alerts

Be the first to know about AXA's news directly in your mailbox

As explained in our Privacy Notice specifying the use we make of your personal data and for which duration your information will be kept, AXA SA, as data controller, processes your email address to send you the AXA newsletters. You have the right to withdraw your consent with regard to the above described processing at any time. However, please note that the withdrawal of your consent will not affect the lawfulness of processing based on consent before its withdrawal.