Monday, March 16, 2026
28 C
Lagos

STI CEO, Soyinka, Lauds Nigerian Workers on May Day

As the world marks this year’s edition of Workers’ Day on Thursday, May 1, 2025, the Managing Director and Chief Executive Officer of Sovereign Trust Insurance Plc, Mr. Olaotan Soyinka has lauded the efforts of Nigerian workers and their contributions to national development.

He noted that a virile and dedicated workforce is very instrumental and germane to the progress of any society. He gave this remark at the company’s Appreciation Day Ceremony held at the Head Office of the underwriting firm located in Victoria Island, Lagos.

He said the date, May 1, should be seen as a very important one because it is the day set aside to celebrate and give due respect to workers all over the world regardless of their social strata in the society. According to him, “every legitimate form of work is as important as the other and credence must be given to all and sundry without any bias”.

In appreciating the Staff of Sovereign Trust Insurance Plc, the Managing Director/CEO of the underwriting firm congratulated all members of the Sovereign Trust Insurance Plc Team and urged them not to relent in the judicious discharge of their duties as they strive to maintain the worldclass standard of the STI Brand.

He further said that the Management of the company will not stop at investing in the development of the company’s human capital while also placing technology at the heart of its business operations. He equally assured the members of staff that their labour will not go in vain as they contribute their quota to the growth and advancement of the organisation.

He wished them all a hearty Workers’ Day on May 1, 2025, and encouraged them to always think of making the customer the focal point in their day-to-day activities. In his words, ‘our customers should be at the heart of our business just as we must not compromise on delivering service excellence at every given opportunity thrown our way’

The Head of Human Resources for Sovereign Trust Insurance Plc, Adeola Onichabor in her response to the MD/CEO’s speech thanked the Management for the uncompromising stance in investing in Training and Human Capital Development for members of staff both at the local and international level.

She made bold to say that Sovereign Trust Insurance Plc has on parade in the Insurance Industry, an array of professionals in different fields of specialisation who effectively compliment the efforts of the professional underwriters in the organisation.

She equally used the opportunity to thank and encourage her colleagues to continue in their stride of hard work and dedication to the ideals of the company. She enjoined them to also respect and honour one another in the discharge of their duties as the organisation strives to maintain best practice standards in the comity of insurance companies in the country and beyond.

Some members of staff who had been with the organisation from inception were equally recognised and appreciated for their commitment, unwavering dedication and contribution to the growth of the organisation in the last 30 years of the company’s formation.

Sovereign Trust Insurance Plc is an equal opportunity employer of labour with an uncompromising stance on high ethical standards and astute professionalism.

The Head of Human Resources and Capital Development equally used the opportunity to wish every Nigerian worker and workers globally, a happy celebration on Workers’ Day come May 1, 2025.

 

spot_img
spot_img
spot_img

Hot this week

NLNG Expands VIBES Programme with Induction of 103 New Beneficiaries

NLNG’s economic empowerment initiative, the Vocational Innovation Business and...

PalmPay Commits to Gender Balance in Fintech Space @ Purple Woman 3.0

L-R: Olorunfemi Hanson, Head of Marketing, PalmPay Nigeria; Kemi...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NCDMB: 33 Engineers Begin Training in Pipeline Pigging, Corrosion Control

Thirty-three young graduates of engineering, geology and related disciplines...

NCDMB, Radisson, Edison Sign Management Deal for Yenagoa Hotel

The Nigerian Content Development and Monitoring Board (NCDMB) on...

Topics

PenCom: No Breach in Leadway Pensure Investment in FBN

CLARIFICATION ON ALLEGED BREACH OF THE REGULATIONS ON INVESTMENT...

NCC: Regulatory Instruments Will Tackle Insecurity, Facilitate 5G

The Executive Vice Chairman (EVC) of the Nigerian Communication...

Gas to Play Significant Role in Africa’s Energy Mix, says NLNG’s MD

Dr. Philip Mshelbila Managing Director and Chief Executive Officer Nigeria LNG...

Pension Industry Paid N271bn to Retirees in 2014

Operators in the pension industry paid out total of N271.15 billion as lump sum to retirees in 2014 under the new Contributory Pension Scheme (CPS) and an average monthly pension of N3.84 billion. In addition, another sum of N62.20 billion was paid as premium to insurance companies to provide life annuity for 14, 784 retirees. Mrs. Chinelo Anohu-Amazu, Director-General, National Pension Commission (PenCom) told Business Journal in an Executive Chat that a total of 115,529 workers had retired as at 31 December, 2014 with 87.20 percent (100,745) of the retirees on Programmed Withdrawal, while the remaining 12.80 percent (14,784 retirees) were on Life Annuity.

A New Deal on Energy for Africa—Power, Potential & Partnership

FOR THE RECORD Africa needs a new deal on energy,...

Savannah Energy Reports H1 2024 Result with 3% Rise in Nigerian Production

Savannah Energy Plc, the British independent energy company focused...

Aviation: The $7tr, 82m Jobs By 2030 in Global GDP Projection

The International Air Transport Association (IATA) called on governments...
spot_img

Related Articles

Popular Categories

spot_imgspot_img