Red Star Plc Commended over Compliance

The Head of the Courier Regulatory Department (CRD) of NIPOST, Dr. Simon Emeje has commended the management of Red Star Plc for its steadfastness in its compliance to all regulatory rules laid down by the department for the courier industry.
This much he said when the management of the company, led by the outgoing Group Managing Director, Mr Sule Bichi paid the management team of the CRD a courtesy visit recently.
Emeje stated that if the CRD were to give awards to those in the industry, he will give Red Star Plc an award as the best in compliance to regulatory rules among many others.
He said this is a reflection of the leadership style brought to bear on the company by the outgoing Group Managing Director.
Describing Bichi, Emeje said “he is someone who is ready to do what is right at all times, even in the face of adversity. He is a gentleman who is highly committed to the industry and he makes sure he complies with every regulation as at when due. If we have any forum, we will continue to make use of his experience and invite him.”
Corroborating this, Andrew Ebiloma, Head of Enforcement, CRD noted that Red Star as a company has always been at the forefront of most of the trainings and seminars organized by the regulatory body for operators in the industry.
Members of the team of CRD that received the Red Star management include Aribasoye Olusola, Head of finance and Accounts; Dotun Shonde, Head Licensing & Renewal; Mrs Ogunlesi, Head Control Administration and Mrs. Deborah Ogonmilade, Head, Media and Publications.
Speaking earlier, the outgoing Group Managing Director of Red Star Plc, Mr. Sule Bichi disclosed that the organisation is undergoing changes in leadership and structure so as to re-strategise for the future, hence the need to keep the regulatory authority informed on developments and new innovations.
He noted that the company has expanded with different subsidiaries that have enormous growth potential which is required to contribute positively to the industry.
Bichi was accompanied on the visit by the Deputy Managing Director and CEO, Sola Obabori; Executive Director, Finance, Auwalu Babura; Executive Director, Sales and Marketing, Victor Ukwat; Divisional Managing Director of Red Star Express, Charles Ejekam and Corporate Affairs Manager, Olufemi Oluwole.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

CBN Grants JPMorgan Approval-in-Principle to Establish Merchant Bank in Nigeria

The Central Bank of Nigeria (CBN) has granted Approval-in-Principle...

Cardoso Engages Business Leaders on Strengthening Nigeria–China Financial Corridor

The Central Bank of Nigeria (CBN) convened a high-level...

UBA Commences Contempt Proceedings Against WEMPCO Directors over Alleged Disobedience of Court Order

Mr. Lewis Tung and his brother, Robert Tung The Federal...

$242m Petroleum Products Diversion Claim: UBA Secures Court Order Against Vitol, Four Others

A Lagos State High Court has granted interim preservative...

Heirs Insurance Group Wins Prestigious Financial Times–World Bank Group Africa Sustainable Futures Award

L-R: Chinwe Binitie, Co-Head of Partnerships, World Bank Group’s...

Topics

Life Expectancy in Africa

Nigeria Health Statistics Total population 158,423,000 Gross national income per capita (PPP...

The Nigeria Mid-Year Outlook Report

By Cordros Capital We are pleased to share with you,...

Nigeria Ranks 64 on Global Pension Indicator

  Today, Allianz unveiled the first edition of its “Global...

Leadway Assurance Appoints Lesi, Amanwa in Strategic Leadership Transitions

Leadway Assurance Company Limited, a foremost player in the...

Africa Bribery Case: U.S. Firm, Och-Ziff to Pay $412m Fine

Leading US hedge fund, Och-Ziff has been ordered to...

Stanbic IBTC Bank Shows Determination to Support Agro-allied Economy

Stanbic IBTC Bank Plc, a member of Standard Bank...

World Bank Raises 2016 Oil Price Forecast to $43

The World Bank is raising its 2016 forecast for...

NDIC Slates April 2025 for Liquidation Dividends to Heritage Bank Depositors

In response to concerns raised by depositors of the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img