Tuesday, March 31, 2026
29.5 C
Lagos

Great Nigeria Insurance Targets Sustainable Performance, Profitability in 2022

Great Nigeria Insurance Plc is a composite underwriting firm licensed to underwrite both life and non-life insurance businesses with over 60 years’ experience in the Nigerian insurance industry.

In 2022, Great Nigeria Insurance Plc has reiterated its unflinching commitment to sustainable initiatives geared at ensuring greater performance and profitability.

During the annual thanksgiving and praise offering at the first working day meeting of the year held at the organisation’s head office located on 8, Omo-Osagie Street, Off Awolowo Road, Ikoyi, Lagos, commitment to improved performance for profitability was the major focus of the discussion.

The company’s performance and challenges faced in 2021 formed part of the highlights of the session. Also, the critical and holistic analysis of the operating environment was done.

The Managing Director/CEO, Mrs. Cecilia O. Osipitan in her New Year address appreciated all members of staff for their staunchness and performance in the past year. She also urged her colleagues in management to bring to fore an unrelenting commitment and dedication in ensuring that the targets set for 2022 are met and surpassed.

While addressing the workforce she appealed to them not to relent in their quest of making the GNI Plc brand the most preferred and patronised brand in the insurance industry in Nigeria. She urged everyone to prioritise accomplishment as the watchword for the organisation’s operations in 2022.

She also announced the result of the half year appraisal exercise which according to her is in tune with the organisation’s resolve to always recognise and reward outstanding performance.

The details of the appraisal exercise showed that sixteen employees were elevated in different cadres of the organisation to higher positions of responsibility while 13 members of staff received their employment confirmation owing to a satisfactory performance during their probationary period.

In her words, Cecilia said, “our greatest asset is the Human Capital which we have recognised as the key success factor in organisational growth and survival, hence we will keep motivating our employees through a continuous reward process so that they can perform at their optimal level at all times.”

In the statement made available to the media, the organisation’s theme of the year was ‘2022: Our Year of Phenomenal Growth and Profitability’, which espoused on the need to consolidate on the gains of the past years while also re-strategising on how to make the business more profitable, whilst providing customer-focused solutions to the insuring public in the new year.

Great Nigeria Insurance Plc has over the years demonstrated commitment to maintaining a leading position in the insurance industry in Nigeria with its branch network spread strategically across the country.

spot_img
spot_img
spot_img

Hot this week

Railway Infrastructure is One of the Solutions to Africa’s Trade Expansion

By Caroline Trefault Intermodal Africa Manager at MSC As Africa’s...

APC Chairman, Nentawe Yilwatda, Hails President Tinubu at 74

Professor Nentawe Yilwatda, National Chairman, All Progressives Congress (APC),...

NCC Directs Telecom Operators to Compensate Subscribers for Poor Network Service

The Nigerian Communications Commission (NCC) has directed Mobile Network...

BudgIT Demands Accountability over N129.5bn Disbursed on 2023 Census Without Result

Nigeria's last credible population census was conducted in 2006....

Topics

Tackling the Hazard of Protein Deficiency

Proteins are macronutrients. They are an indispensable part in...

Leadway Assurance Partners AGRA on ‘Pay at Harvest’ Crop Insurance Scheme

In a significant step towards deepening agricultural resilience across...

5400 Lufthansa Pilots Set for Strike

On the 23rd of November, around 5400 pilots of...

Konga.com Appoints Shola Adekoya as New CEO

Nigeria’s largest online mall company, Konga Online Shopping Limited,...

10 Elements Driving Change in Business Processes, People, Services

A new initiative by ACCA (the Association of Chartered...

ITU Telecom World 2015 Accelerates Global ICT Innovation

ITU Telecom World 2015 closed its doors at Hungexpo, Budapest following an exceptional week of dialogue, debate, networking and showcasing. The event, which welcomed over 4,000 participants from 129 countries, brought together an impressive line-up of top-level government representatives, leaders of industry – from established players to SMEs (small and medium enterprises) and young start-ups, from emerging and developed markets – along with high-level representatives of international organisations, entrepreneurs, accelerators, incubators and academia.

Failed UK Telecoms Merger: Mixed Implications for European Market

While the European Commission's decision to block CK Hutchison's...

Global ICT Capacity Building Symposium for Nairobi

Nairobi is set to host ITU’s Global ICT Capacity...
spot_img

Related Articles

Popular Categories

spot_imgspot_img