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LASACO ASSURANCE PLC
The quiet company...Building enduring Stability and Prosperity.
LASACO ASSURANCE PLC
The quiet company...Building enduring Stability and Prosperity.
LASACO ASSURANCE PLC
The quiet company...Building enduring Stability and Prosperity.
LASACO ASSURANCE PLC
The quiet company...Building enduring Stability and Prosperity.
 
 

About Us - Lasaco Assurance Plc.

 
     

The Company

Board of Directors

Management Team

 
   

Our Top Management Team

 Related Pages
Shareholding
The New Lasaco
Corporate Governance & Our Business Principles
Awards & Important Milestones
Social Responsibilities
  MR. L.A. DOSUNMU MRS. I. A. ADEWARA MR. O.A. POPOOLA Mr. OLUSOLA O. LADIPO-AJAYI MR. E.B. WRIGHT MRS. O.M.O. KAZEEM MR. S.A. SHOBO MR. A.O. OLONA Mr O. L. Samson
   
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At LASACO, we have built a top management team, which reflects a well-rounded blend of professional skills, experience and qualifications while emphasizing gender and expertise diversity.  All our 9 members of top management include the MD/CEO, ED, DGM (Technical), DGM ( ENTERPRISE RISK MANAGEMENT & COMPLIANCE) ,DGM ( PLANS AND PROGRAMMES), AGM ( CS/ LEGAL ADVISOR), AGM (MARKETING), MD/C.E.O ( LASACO LIFE) and  AGM ( ACCOUNTS AND FINANCE) have degrees and professional qualifications in either one or more of the following disciplines:  Insurance, Law, Accounting, Business Administration, Finance, Marketing.  All the members of top management have also had varied working experience in other Insurance companies honing their skills and rising to key positions in those organizations before joining LASACO.  They thus bring a wealth of experience and expertise in performing their respective functions.

We have built a top management and general staff team, which reflects a well-rounded blend of professional skills, experience and qualifications while emphasizing gender and expertise diversity.

Our Top Management Team Comprises of:

   

1.

Mr. OLUSOLA OLATAYO LADIPO-AJAYI

GROUP MANAGING DIRECTOR

2.

MR. E.B. WRIGHT

EXECUTIVE DIRECTOR

3.

MRS. O.M.O. KAZEEM    

DGM, TECHNICAL

4.

MRS. I. A. ADEWARA

DGM, ENTERPRISE RISK MANGT. & COMPLIANCE

5.

  MR. LUQMAN ABIODUN DOSUNMU

DGM, PLANS & PROGRAMMES

6.

MR. O.A. POPOOLA

COMPANY SECRETARY/ LEGAL ADVISER

7.

  MR. A.O. OLONA   MD/ CEO LASACO LIFE ASSURANCE CO.LTD.

8.

MR. S.A. SHOBO

AGM, MARKETING

9.

  MR. ADELEKE ADEMOLA ELUJOBA

AGM, FINANCE

10.

  MR.OLUYEMI LAWRENCE SAMSON

AGM, FCT/NORTHERN REGION

     
   

Mr. OLUSOLA OLATAYO LADIPO-AJAYI
(GROUP MANAGING DIRECTOR)
 

Mr. Ladipo-Ajayi began his Insurance Career in 1973 at Sun Insurance Plc, where he rose through the ranks to become Assistant General Manager (Technical Operations).  He was admitted into the Associateship of the Chartered Insurance Institute London in 1983.He later became a Fellow of the same Institute and the Chartered Insurance Institute of Nigeria in 1991. He was appointed Managing Director/Chief Executive Officer of Summit Insurance Company, Lagos in 1993. He moved to LASACO Assurance Plc in the same capacity in May 1996, a position he holds to date.

He is a strong believer in continuous Professional development. He bagged a Master Degree in Banking and Finance from the University of Ibadan in 1986, which was followed by a Bachelor of Law Degree from the University of Lagos in 2000. He became a Solicitor and Advocate of the Supreme Court of Nigeria in 2003.

Mr. Ladipo-Ajayi is a Past President of the Chartered Insurance Institute of Nigeria. He is on the Academic Board of the West Africa Insurance Institute, Banjul, Gambia and he became the Chairman of Nigeria Insurers Association (NIA) June 2010.  He is also the current Chairman of the Council of Bureaux, ECOWAS Brown Card Scheme.

 

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MR. E.B. WRIGHT
(EXECUTIVE DIRECTOR)
 

He is the Executive Director of LASACO Assurance Plc. He graduated with second class upper in French from the University of Ibadan in 1979 before joining the National Insurance Corporation of Nigeria in 1981. In 1983 he qualified among the very few as an Associate of the Chartered Insurance Institute London and became a prolific lecturer within the Industry on Professional topical issues before qualifying as a Fellow of the same Institute in 1990. In 1991, he qualified as a Chartered Insurer and became a Fellow of the Chartered Insurance Institute of Nigeria (CIIN) in May 2002.

While in NICON he acquired vast experience in peak risks insurance and worked assiduously in the contractor’s All Risks Division of NICON before moving in 1984 to the Oil and Gas Unit of NICON where he garnered further technical expertise in this specialized field for over ten years and managed the sophisticated accounts of NNPC and the Multinational Oil Companies. He was further privileged to head the Life & Pension portfolio of NICON from 1995-1998, where he handled the pension schemes of major Parastatals, Ministries and in particular the Unified Staff Pension Schemes of Federal Universities, Colleges of Education and Polytechnics in Nigeria.

Based on the Technical expertise acquired over the years in both the Oil & Gas and Pension portfolios, Babajide has carved a niche for LASACO in responding positively to the emerging opportunities under the local content policy in the Oil & Gas sector as well as the New Pensions Act 2004. With over 25 years experience in the Industry, Babajide Wright has attended several international energy and pension seminars, courses and workshops and has an excellent working relationship with frontline International Reinsurance Brokers.

 

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MRS. O.M.O. KAZEEM
(DEPUTY GENERAL MANAGER, TECHNICAL)

Mrs. Kazeem holds the Higher National Diploma in Insurance (1987) from Lagos Polytechnic and a 1999 Masters Degree in Business Administration (MBA) from the Lagos State University. She qualified as an Associate of the Chartered Insurance Institute London in 1989. Prior to joining LASACO, she worked at different periods in NICON, Everyman Insurance Brokers Limited, the Lagos State University (LASU) and the Nigeria Agricultural Insurance Company (NAIC) where she gathered technical experience.

Her built-up experience in the above companies readily put her in good stead to manage effectively the Ikeja Branch Office of LASACO, which she handled with effortless ease. A very conscientious top management staff with proven technical track record, Bisi Kazeem has undergone both local and International Seminars and Workshops to widen her technical knowledge particularly in the  peak risk areas of Engineering, Oil & Gas Insurances. She is the Deputy General Manager (Technical) of LASACO Assurance Plc and a member of the Professional Insurance Ladies Association (PILA).

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MRS. I. A. ADEWARA
(DEPUTY GENERAL MANAGER, ENTERPRISE RISK MANAGEMENT & COMPLIANCE)

Mrs. Adewara holds the Bachelor of Science Degree in Zoology from the Obafemi Awolowo University, Ile -Ife in 1988. After graduation she trained for three years with the then Coopers & Lybrand (now PriceWaterCoopers) and qualified in 1993 as an Associate Member of the Institute of Chartered Accountants of Nigeria. She worked with Credit Lease Ltd and Boulevard Finance as Company Accountant before joining LASACO in 1998 as the Senior Manager Internal Audit.Mrs. Adewara qualified as an Associate of the Chartered Insurance Institute of Nigeria in 2004. She was promoted to the position of Deputy General Manager ( Internal Audit) in 2008.

She assumed the position of Deputy General Manager (Enterprise Risk Management & Compliance) in 2011. She is a very hardworking top management staff of LASACO, Mrs. Adewara has attended many local and International Seminars and Workshops on Accounting, Insurance and Management. She is a member of the Professional Insurance Ladies Association.

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MR. O.A. POPOOLA
(COMPANY SECRETARY/ LEGAL ADVISER)

Mr. Popoola obtained the LL.B (Hons) Degree from the University of Ife, Ile-Ife (now Obafemi Awolowo University) in 1987. He was called to the Nigeria Bar as Barrister and Solicitor of the Supreme Court of Nigeria in 1989. He started his career in the Legal Department of Union Bank of Nigeria Plc after which he left for active legal practice (Advocacy) in various reputable law firms. He joined LASACO Assurance Plc in 1991 pioneering its Legal Department. Due to his versatility, he also heads the Admin departments as well as the Company’s in-house Registrars’ Department.

He has gained a vast knowledge of Insurance Law Practice and Corporate Governance through experience spanning over a period of 15 years and through several training courses both locally and internationally. He is currently serving as the Secretary to the Nigerian Insurers Association (NIA) Legal Committee and is an Associate Member of the Nigerian Institute of Management (AMNIM). He is a student member of the Institute of Chartered Secretaries & Administration. (ICSA).

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MR. LUQMAN ABIODUN DOSUNMU
(DEPUTY GENERAL MANAGER, PLANS & PROGRAMMES)

 A 1990 graduate of Insurance from University of Lagos also holds a Masters Degree in Marketing from the same University (1993). He became Associate of the Chartered Insurance Institute of Nigeria (1995) and LL.B (Hons) Degree from the University of Lagos in 2006. He was called to the Nigeria Bar as Barrister and Solicitor of the Supreme Court of Nigeria in 2007. He became a Fellow of the Chartered Insurance Institute of Nigeria in 2008.

He started his Insurance career with the then Tower Gate Insurance Co. Ltd. as a Youth Corper in 1990 where he was introduced to the world of insurance. He joined LASACO Assurance Plc 1991 as a Reinsurance Officer from where he was transferred to Abuja as a Branch Manager and also overseeing Kano Branch Office. He was later moved to Ikeja as a Branch Manager in charge of Lagos Mainland Marketing Operations of the Company. In view of his outstanding performance, he was brought back to the Head Office.

In his capacity as the Head of Fire and Accident Department in the Technical Division, he participates actively in the Oil and Energy Pool and he is versatile in all technical operations of the Company. He became the AGM (Marketing) South West Region in 2008, a position he held until he was made the AGM (Plans and Programmes) in 2010. He was promoted to the position of  DGM ( Plans and Programmes) in 2011. He has attended several Courses and Conferences in Reinsurance, Management, Marketing and Business Strategy both locally and internationally.

 

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MR. OLADIMEJI OLONA
(MANAGING DIRECTOR/ CHIEF EXECUTIVE OFFICER - LASACO LIFE)

Mr. Oladimeji Olona is a 1992 graduate of Insurance from the university of Lagos and a holder of Masters of Business Administration (1999) Specializing in Marketing from Delta State University, Abraka.

He started his Insurance Career as a Life Assurance agent with American International Insurance Company (AIICO) and sharpened his Life Assurance skills while working with Nigerian Life and Pensions Consultants, Lagos.

He has also worked with other Life and Pensions specialist houses such as Ideal Insurance Brokers Ltd. Before joining the services of Elmac Assurance   (Nig.)  Ltd. as a full Manager in 1999.

At Elmac Assurance (Nig.) Ltd. he rose to the Management level and he was the controller in charge of Southern Region Operations, a position he held before joining LASACO Assurance Group in 2007 as the Head of Marketing operations of LASACO Life Assurance Co. Ltd a wholly owned Subsidiary of LASACO Assurance plc and became the Acting General Manager / CEO of the same Subsidiary in August 2008. In January 2010, he became the Substantive Managing Director/C.E O. of LASACO Life Assurance Co. Ltd.He is a multi skilled professional and an Associate member of the following Professional Institutes: Chartered Insurance Institute of Nigeria (1996), Nigerian Institute of Management (1999), Institute of Chartered Accountants of Nigeria (2007). He is a member of Ikorodu Golf Club and many other Social and Investment clubs in Nigeria.

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MR. SHOBO SAMUEL ADEMOYE
(
ASSISTANT GENERAL MANAGER, MARKETING])

Mr Shobo Samuel Ademoye joined LASACO ASSURANCE PLC In 1993 as an Officer in the Audit Department of the Organization. He obtained a Bachelor of Science Degree in Chemistry from the Lagos State University in 1988. He became an Associate Member of the Chartered Institute of Nigeria in 1998.

He worked in the Audit department till 1995 with responsibility of ensuring compliance by all departments/branches to Company Policy. He proceeded to the Technical department and worked in both the Claims and Transportation departments where he was saddled with Claims Administration and General Underwriting.

He moved to the Marketing department and started as the Manager Kano branch in 2000 and became the Regional Controller of F.C.T   and Northern Region till April 2010.

He was promoted to the position of Assistant General Manager (Marketing) In 2010 with responsibility of coordinating all Marketing activities of the Company. Mr. Shobo Ademoye has attended many courses both local and foreign. 

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MR. ADELEKE ADEMOLA ELUJOBA
(
ASSISTANT GENERAL MANAGER, FINANCE])

 

Mr. Adeleke Ademola Elujoba joined LASACO ASSURANCE PLC in 2010 as the Assistant General Manager (Finance). He Obtained his Higher National Diploma in Accountancy in 1977 from The Polytechnic Ibadan.

He started his Accounting Career in 1969 as an Accounts Clerk with Ministry of Lands and Housing, Ibadan. He worked with several Companies ranging from the Public sector to Private sector- Manufacturing (CFAO and Nigeria Bottling Co.) and Insurance  (Great Nigeria and Trans Nig.Ass.Co Ltd)

He gathered a lot of Insurance experience as the Chief Accountant and Executive Director in Great Nigeria Insurance Co. Ltd and Trans Nigeria Assurance Co. Ltd respectively. He is an Associate Member of the following institute: The Institute of Chartered Accountants of Nigeria (ACA) and the Institute of Administrative Accounting London (AAAI) He became a Chartered Accountant in 1980.

 

 

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MR. OLUYEMI LAWRENCE SAMSON
(ASSISTANT GENERAL MANAGER, FCT/NORTHERN REGION])

 

Oluyemi Samson joined LASACO ASSURANCE PLC on January 2, 1991. He graduated from Lagos State Polytechnic in 1996 with the best Graduand award in the Higher National Diploma (HND) category and qualified as an Associate Member of the Chartered insurance Institute of Nigeria in 1997. He has Masters in Business Administration (MBA ) from University of Ado-Ekiti in 2000.

He worked in the Reinsurance Department from 1991 until 1999 before being redeployed as an Assistant Manager to manage the Port Harcourt Branch Office. He rose to the position of the Regional Controller for the South-South/South-East region in 2006. He was subsequently redeployed to the FCT/Northern Region Office in 2010 and He is currently the Assistant General Manager for the ABUJA/Northern operations of LASACO GROUP.

Prior to His employment in LASACO, he had worked temporarily as a Merchandiser in the Sales Department of the Nigeria Bottling Co. Ltd., Apapa, between March and September 1990. He was later employed on October 1, 1990 as an Accounts clerk in the CAD, section of the Accounts department till December 1990.

He has two awards for Productivity that were issued to him by different Management at LASACO ASSURANCE PLC in 1993 and 2003.
 

Oluyemi has attended several training courses, seminars and workshop locally and internationally.

 

 
 

 

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