Tosin Runsewe
African CEOs - July 13, 2022

Tosin Runsewe the CEO Creating Opportunities to Make Healthcare Affordable in Africa

Tosin Runsewe has worked in Nigeria’s financial and medical institutions for more than 27 years.

He graduated from the University of Ibadan with a bachelor’s degree.

Tosin got an MBA from the University of Lagos and also a Master’s Field of Study in Financial Economics from SOAS University of London.

Even after obtaining these degrees, He furthered his education by graduating from the Advanced Management Program (AMP) at the Harvard Business School in 2009. He also has a Cornell University Executive Healthcare Leadership Certificate.

Career 

The year 1992 marked the beginning of Tosin’s career in finance with the then-Commercial Bank Credit Lyonnais Nigeria Limited, where he managed Trade Finance-related projects.

Tosin held a number of positions with the Financial Market Dealers Association, formerly the Money Market Association of Nigeria. This included serving as its General Secretary for two terms.

He began working with Guaranty Trust Bank plc in March 2004 and held positions in the Commercial, Investment, and Institutional Banking Groups for nine years.

As the treasurer of Guaranty Trust Bank, he participated in the teams that helped Nigeria’s money and foreign currency markets pioneer a number of initiatives. For a few years, he also served as the bank’s Head of the Energy Group.

Soon, Tosin was on another path to launch one of Nigeria’s largest non-bank financial services organisations, which is previously known as Guaranty Trust Assurance.

The platform offers asset management, life insurance, P&C insurance, and health insurance. He effectively oversaw the company’s transfer between three separate sets of owners, including AXA Mansard Investments Ltd.

Tosin was on the board of AXA Mansard Investments Ltd. He was the executive director and chief client officer of AXA Mansard.

Additionally, the company received a corporate governance award from the Nigeria Stock Exchange at this time.

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Joining Evercare

Tosin Runsewe became the Chairman of Evercare Hospital Lekki in May 2020, where he is in charge of and controls major operational choices.

Evercare Hospital Lekki is the country’s first significant and private tertiary healthcare facility launched in Nigeria in decades.

Vice President Yemi Osinbajo and Mr. Babajide Sanwo-Olu, the Governor of Lagos State, unveiled the multispecialty hospital in Lekki in 2021.

The Evercare Group, a leading impact-driven healthcare organisation in emerging markets with hospitals, clinics, and diagnostic facilities operating throughout Africa and South Asia, owns and operates the 165-bed multispecialty, tertiary care hospital that was specifically built to be state-of-the-art.

The opening of Evercare Hospital Lekki is a calculated investment meant to strengthen the Nigerian healthcare system by delivering high-quality, easily-accessible medical care that would lessen some of the strain associated with medical travel.

Professor Yemi Osinbajo, the Vice President of the Federal Republic of Nigeria, remarked during the commissioning: 

“The opening of Evercare Hospital in Nigeria marks an exciting moment for healthcare in Nigeria. 

This is not just because of the several groundbreaking innovations that come with the package, but perhaps even more of what this holds for the future of medical care in Nigeria and Sub-Saharan Africa as the business landscape for medical care becomes wider.”

AfyA Care 

Tosin Runsewe is presently the CEO of AfyA Care, an integrated healthcare organisation working to improve access to high-quality healthcare in Sub-Saharan Africa.

He is a Trustee of the JAR Foundation, which he helped establish in order to advance the growth of educational and medical services in Africa. He also serves on Terra Kulture’s advisory board.

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