Sovereign Trust Insurance, an insurance and risk management services company in Nigeria, has announced the elevation of two of its former general managers to the position of executive directors.
The duo who by their recent elevation will automatically become board members of the company are Kayode Adigun who becomes the Executive Director in charge of Finance and Corporate Services and Emmanuel Anikibe is now the Executive Director of Technical.
Adigun before now was the general manager/divisional head of finance and Corporate Services while Anikibe was a deputy general manager in the Marketing/Business Development Division.
The two appointments have been ratified by the Board of Directors of the Underwriting Firm and they have both assumed their new roles.
Briefing journalist, Segun Bankole, chief spokesperson of the organisation, told the gathering that the Board and Management of the company have so much confidence in the two newly elevated Directors and it is expected that they will bring to bear their consummate wealth of experience in galvanizing the organization to the next level of its growth stage.
Members of Management and Staff have been enjoined to give all the needed support to the new Directors in achieving the overall objective of the company as a leading Brand in the Insurance Industry and a profitable one at that.
Olaotan Soyinka, managing director/CEO of Sovereign Trust Insurance Plc, in his congratulatory message to the two Directors, emphasised Management’s commitment to a succession plan in the organisation and also stressed that “the elevation is expected to further strengthen the Board and empower Top Management Team of the company in ensuring that the medium-and-long-term strategic goals of the company are accomplished”.