Sunu assurances plc appoints new MD/CEO as demand for stock rises

Sunu Assurances Plc has welcomed on board new Directors. Samuel Oghenebrume Ogbodu and Adeleke Emmanuel Hassan have been appointed Directors of the company.

While Ogbodu was appointed the company’s Managing Director (MD)/Chief Executive Officer (CEO), Hassan was appointed as an Executive Director.

The appointments are subject to approvals by the National Insurance Commission (NAICOM).


Our Guidance: BUY Sunu assurances plc

A lot of buying activity on the stock over the last few sessions and the appointment of new directors virtually guarantees an upward swing for this long oversold stock.


Appointees profile at a glance

Samuel Oghenebrume Ogbodu is a Chartered Insurer and a member of the Society of Fellows of the Chartered Insurance Institute of Nigeria. He is a highly seasoned professional with track record of success in surpassing revenue, cost, profit and business growth objectives.

He started his career at the Nigerian Life and Pension Consultants and later joined Law Union and Rock Insurance in 1987 as Head of Special Risk department.

Ogbodu was part of the team that set up Sovereign Trust Plc in 1994. He contributed immensely to the growth and development of the Company and by dint of hard work, commitment and resilience, rose to the position of Executive Director/Chief Operating Officer.

Ogbodu has special skills in turnaround management and projects with 100% success rate. He is an Alumnus of Lagos State University, Lagos Business School and University of Lagos.

He is a member of the prestigious Ikoyi Club 1938, IBB Golf and Country Club, Abuja and Institute of Directors (IOD). He is married and blessed with Children.

On the other hand, Adeleke Emmanuel Hassan is a consummate and seasoned Chartered Insurer with over 25 years cognate experience in the insurance industry spanning from broking to Underwriting businesses.

He started his career at Ark Insurance Brokers Limited and later joined Hogg Robinson Nigeria Limited in 1991 where he rose to become a Senior Manager/ Head, Energy Risk department.

Hassan joined Equity Assurance Pic (Now SUNU Assurances Nigeria Plc) in 2003 where he rose to become the General Manager, Marketing and Business Development.

Hassan is an Alumnus of Ambrose Alli University and Lagos Business School. He has attended numerous seminars and courses locally and overseas in the course of his career.

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