AXA Mansard Insurance Plc has urged Nigerian employers to place greater emphasis on structured change-management strategies as the country transitions into a new tax regime, warning that regulatory compliance alone will not be sufficient to ensure business stability and growth.
The call was made by Omowunmi Mabel Adewusi, General Counsel and Human Resource Director at AXA Mansard Insurance Plc, during an Advocacy Round Table webinar organised by the Chartered Institute of Personnel Management of Nigeria. The forum brought together business leaders and policy stakeholders to examine the implications of Nigeria’s evolving tax framework on organisations and the wider economy.
Brandspur Brand News reports that Adewusi stressed that major fiscal policy shifts often introduce operational complexities that require deliberate planning and leadership attention. According to her, employers must actively manage internal adjustments affecting systems, people, and processes to successfully navigate the transition and sustain performance.
She noted that the move to a new tax structure demands more than technical adjustments, explaining that organisations need to align internal policies, operational frameworks, and workforce expectations with the realities of the changing fiscal environment. Adewusi emphasised that without a clear change-management roadmap, companies risk internal disruption, reduced morale, and inefficiencies that could undermine long-term growth.
A key focus of her remarks was the role of communication in managing change. She highlighted the need for transparent, timely, and empathetic engagement with employees and stakeholders as businesses adapt to new regulatory requirements. Clear communication, she said, can help reduce uncertainty, build trust, and encourage cooperation during periods of transition.
Adewusi also encouraged employers to view the tax reforms as an opportunity rather than a setback. She said startups and growing businesses, in particular, could leverage the reforms to strengthen governance structures, improve compliance culture, and build more resilient operating models within a clearer regulatory framework.
Despite the short-term challenges associated with policy changes, she expressed confidence that the reforms could enhance Nigeria’s economic competitiveness over time. Organisations that proactively align their governance, risk management, and operational strategies with the new tax environment, she added, are likely to be better positioned to thrive.
Her comments reflect AXA Mansard’s broader engagement in policy advocacy and its commitment to supporting conversations around governance, compliance, and sustainable economic reform. The company continues to contribute expert perspectives aimed at fostering a more transparent, resilient, and investment-friendly business environment in Nigeria.
