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Nairaland Forum / Nairaland / General / Career / Staco Insurance Fires CEO Sakiru Oyefeso (13240 Views)
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Staco Insurance Fires CEO Sakiru Oyefeso by JARUSHUB: 3:48pm On Aug 06, 2018 |
The Board of Directors of Staco Insurance Plc has announced the dismissal of its Chief Executive Officer, Dr. Sakiru Oyefeso. The statement signed by the company secretary, Messrs Jackson, Etti and Edu, says the the CEO was fired on grounds of financial misappropriation, abuse of office and breach of corporate governance best practices. The statement also says Mr. Bayo Fakorede has been recommended by the Board as the new CEO of teh company subject to the approval of the National Insurance Commission (NAICOM), the regulatory agency that supervises insurance companies in Nigeria. source: Staco Insurance Fires CEO Sakiru Oyefeso 1 Like
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Re: Staco Insurance Fires CEO Sakiru Oyefeso by DonroxyII: 4:29pm On Aug 06, 2018 |
He really look like financial Misappropriation and critical examination of the head shows Corporate Governance is missing also the cheeks reveals abuse of office . This man go like woman well well 38 Likes 3 Shares |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by Drniyi4u(m): 4:50pm On Aug 06, 2018 |
DonroxyII:Lmao 5 Likes
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Re: Staco Insurance Fires CEO Sakiru Oyefeso by jogsman01(m): 6:20pm On Aug 06, 2018 |
The company's board are so generous. He should have been reported to EFCC 5 Likes |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by adekanmbi1986(m): 6:20pm On Aug 06, 2018 |
Ok |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by hacmond(m): 6:20pm On Aug 06, 2018 |
Okay,next please! |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by kolajoo(m): 6:20pm On Aug 06, 2018 |
Someone should help dial EFCC hotline. |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by Nobody: 6:21pm On Aug 06, 2018 |
DonroxyII: Mehn! Mr assessor, can you help assess our Mr President 2 Likes |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by Nonnyflex(m): 6:21pm On Aug 06, 2018 |
How is this news... I neither know the insurance company nor the person fired... I think this type should be left in its section and not block space for front page materials 1 Like |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by gabbasin(m): 6:23pm On Aug 06, 2018 |
hmmm |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by princeade86(m): 6:23pm On Aug 06, 2018 |
why |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by Nobody: 6:23pm On Aug 06, 2018 |
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Re: Staco Insurance Fires CEO Sakiru Oyefeso by hacmond(m): 6:25pm On Aug 06, 2018 |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by Toosure70: 6:25pm On Aug 06, 2018 |
Meet the next Nigeria's CBN governor. 1 Like |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by tstx(m): 6:25pm On Aug 06, 2018 |
Who pushed this to FP Are you a tech enthusiast? see my signature
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Re: Staco Insurance Fires CEO Sakiru Oyefeso by tstx(m): 6:25pm On Aug 06, 2018 |
Ehya... Are you a tech enthusiast? see my signature |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by neweraomo: 6:26pm On Aug 06, 2018 |
Who will now quench the fire |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by yourtotalneeds: 6:29pm On Aug 06, 2018 |
hhahahahhahahahahaha na waooooooo person come fire owner of sometin for him own tin again 2 Likes |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by Opinionated: 6:33pm On Aug 06, 2018 |
DonroxyII: Wicked Do you know anybody doing Financial Misappropriation. Learn How to Blow Whistle on Them |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by TundeBricklayer: 6:35pm On Aug 06, 2018 |
adekanmbi1986:And this is firm Afonja once claimed and listed among the firms own by their kinsmen, because he is the CEO real owners don sack him, same way real owners of Oando oil and gas are planning to sack Adawale Tinubu over financial misappropriation borrow borrow make me rich Cc deomelo 2 Likes 1 Share
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Re: Staco Insurance Fires CEO Sakiru Oyefeso by 4dor: 7:11pm On Aug 06, 2018 |
DonroxyII: Comment of the year |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by tolusaliu: 7:19pm On Aug 06, 2018 |
Nonnyflex:It's you that don't know staco since 1996 since most Nigerians hardly believe in doing insurance. He established staco plc in 1996 by himself but later on when the issue of Nigeria policy came up that all insurance companys must pay N7bn and banks N25bn then........... He has to bring in those directors to invest more, but he insisted that he still wants to become the MD............. but as usual now, omo naija wants him to step aside so that they can have full control. What a pity to his insurance dream. Staco has always been one of the best insurance company in Nigeria with branches in Nigeria, Africa, UK and USA. 3 Likes |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by Qpwo: 7:22pm On Aug 06, 2018 |
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Re: Staco Insurance Fires CEO Sakiru Oyefeso by Nobody: 7:42pm On Aug 06, 2018 |
tolusaliu: In the world of corporate governance you are not in total control. Even when u think you started a company. Other shareholders have a say and the CEO reports to them not the other way round. 2 Likes |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by bigfoot79(m): 7:51pm On Aug 06, 2018 |
tolusaliu: That's the point that most of us in Nigeria misunderstand with regards to corporate governance of public corporations As long as his company went public and took public funds from investors and shareholders, then the company is no longer his. At tha point he should have taken a strategic back seat and direct the affairs indirectly but greed would not allow same E 3 Likes |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by Cumtroller: 8:17pm On Aug 06, 2018 |
Nonnyflex: What do you know? Blockhead |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by romenna: 8:20pm On Aug 06, 2018 |
He is tired of corporate politics |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by omoelerin1: 10:53pm On Aug 06, 2018 |
So this man too will now come and join those of us in labour market? He will start writing job application and sending CV upandown. It good for him. Ori ni yen kebiti |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by Agromuda(m): 11:03pm On Aug 06, 2018 |
He's the husband to Aremu Gawat's daughter! Carry your cross sir! |
Re: Staco Insurance Fires CEO Sakiru Oyefeso by tolusaliu: 10:51am On Aug 07, 2018 |
omoelerin1:Forget that............... the man is a billionaire already.Don't bother yourself.Na mega man with investments worth billions of Naira. Staco business clients are even withdrawing their investments/businesses now after his removal |
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