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| Ladipo-Ajayi |
Chuks
Udo Okonta
Lasaco
Assurance Plc has reiterated its commitment to sustain the growth and good
performance witnessed in the last fiscal year. To this end, the company has
perfected plans to invigorate its three pronged growth strategy to ensure
better performance.
The
company which has just concluded its annual general meeting (AGM) in Ilorin
Kwara State stated that recapitalization and expansion through the
instrumentality of merging and acquisition, new-level branding and world-class
quality certification and financial system rating would be given critical
attention in the fiscal year in order to sustain the gains already made.
Speaking
at the end of the company’s Annual General Meeting (AGM), the Group Managing
Director, Olusola Ladipo-Ajayi disclosed that management is poised to build on
the gains recorded in 2013 business year. “Successes recorded in net profit,
gross premium income, net premium earned, underwriting profit and other
positive indicators are not accidental but results of doggedness and strategic
planning.
"We
have therefore decided to up the game in the fiscal year for better performance
in years to come”, he added.
According
to him, success is new cheap but result of hard work and making good business
decisions, pointing out that Lasaco group is going to drive itself hard and
make more good business decisions this year.
“Just
imagine the level of hard work and team spirit the organisation enjoyed from
its work force to have moved from loss position of N180million in 2012 to a
profit position of N412million in 2013 business year. And that it why at Lasaco
Assurance we see our human resources as best asset the company has and we would
continue to strive to ensure that they remain at the optimum best through
relevant empowerment programmes,” Ladipo-Ajayi stated.
Lasaco
Assurance Plc was incorporated in December 1979 and commenced business
operation in August 1980.
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