Saturday, August 2, 2025
23.6 C
Lagos

STACO Insurance CEO, Wale Banmore, Charges Staff to Drive Corporate Growth in 2024

Dr. Wale Banmore, the Managing Director/CEO of STACO Insurance Plc has challenged the management and staff of the underwriting firm to consider 2024 as the year to drive sustainable growth of the company across key market indices.

In a new year message to the staff, Banmore stated that he and the executive management team had already set the tone for 2024 during the company’s budget retreat.

“Towards the end of the year 2023, you may all recollect that the tone for 2024 was set by myself and the Executive Management Team at our budget retreat. And to re-emphasise same, l would say that 2023 was a year to test our capabilities and capacity industry-wise, customer-wise and regulatory-wise. To which, l can boldly say we scored 3/3. This brings us to 2024 and l will advise you make it our theme, motto and prophecy that we have been accepted by the market and the real race has just begun.”

The STACO Insurance CEO said that while the target in 2023 was to survive and be accepted in the 3-tiers stated earlier, 2024 is the time to “restore full-on competition with our peers and push for a win in 2024.”

He congratulated the management and staff of the company for making it to 2024.

“In conclusion, l would like to say it is always an honour and privilege for me to lead this great people and organisation and will not rest on my oars until we are up there together. Welcome to 2024 great people of STACO Insurance Plc. It is our year of being at the top.”

spot_img
spot_img

Hot this week

NCDMB Leads Push for Homegrown Talents at Chevron-funded HCD Graduation

The Nigerian Content Development and Monitoring Board has reaffirmed...

Linkage Assurance Reports 50% Revenue Growth in 2024

L-R: Funkazi Koroye-Crooks, Non-Executive Director; Moses Omoregbe, Company Secretary;...

Heirs Insurance Unveils Creators Fellowship, Partners with Influencers to Drive Insurance Literacy

L-R: Joseph Onaolapo (Jay On Air), Oluwadamilola Bello (Dammy B) As...

Two NCDMB Leaders Bag Doctorate Degrees at UNIPORT Convocation

Two senior officials of the Nigerian Content Development and...

Sovereign Trust Insurance Reports 109% Insurance Revenue Growth in 2024

Sovereign Trust Insurance Plc recently released its 2024 audited...

Topics

NLNG Trains 300 Youths on Nigerian Content HCD Program

NLNG, on Tuesday, in Port Harcourt, Rivers State, kicked...

Olashore: ‘Economy on Track to Greatness Despite Challenges’

The Chairman of Lead Advisory Partners, Prince Abimbola Olashore...

Adekunle Gold, Wande Coal, Young Jonn Set to Thrill Fans at Lagos Shopping Festival

Lagosians are in for the most exciting music extravaganza...

L’Oréal Accelerates Product Development for Sub-Saharan Africa

L’Oréal has inaugurated its new Research & Innovation Center...

Manufacturers Need to Embrace New Technology to Become Globally Competitive

With a new report predicting that British manufacturers are set to increase their productivity by 15.5% over the next five years, boosting exports by 35%, the UK is holding its own on the global stage. Such is the strength of the industry, that manufacturing is projected to deliver 40% of Britain’s productivity gains over the next decade.

Pension: New Compliance EXCO to Address Industry Challenges

The newly elected compliance executives of the pension industry...

‘Africa Needs Blue Economy Strategy to Harness the Oceans’

The African continent needs to work together on a...

Unity Bank, CashToken Rewards Promo Produces New Millionaire

  From left: Chioma Umeh, Unity Bank Branch Manager, Aba...
spot_img

Related Articles

Popular Categories

spot_imgspot_img