Sovereign Trust Insurance Plc has for the second time in succession bagged the CSR Company of the Year Award for 2014, at the just-concluded Inspenonline Media Awards held at the Lagos State Chamber of Commerce and Industry Conference and Exhibition Centre, Alausa, Ikeja, Lagos, on February 26, 2015.
The nomination for the Awards, according to the organisers of the event began in the month of December 2014, having sent out nomination notices to all the underwriting companies in the country, Pension Organizations and other Financial Institutions as well as members of the general public. The Award is given in recognition of the immense contributions of the winner of the Award to the society within a particular Operating Financial Year.
It will be recalled that the company won the Award in 2013, while the Managing Director of the Underwriting Firm Mr. Wale Onaolapo emerged the Insurance Man of the Year for that year.
The Head of Corporate Communications and Brand management for the Underwriting Firm, Segun Bankole said the Award is a testament to the company’s consistent intervention inissues of development in the country while also appreciating the general public for believing and voting for the company for the Media Award. In his words, Sovereign Trust Insurance Plc is uncompromisingly committed to providing support in those critical areas that could make or mar the progress of any society.
The company’s CSR springboard is hinged on Health, Sports and the Environment, HSE, having identified these key areas as very pivotal to the development of any forward-looking society. He equally mentioned that the company will not rest on its oars in upholding professionalism and strict adherence to corporate governance while maintaining the position of a responsible corporate entity to further project the industry.
The Managing Director Wale Onaolapo: "The STI Brand is a people-oriented brand which explains why our focus has always centred on Human development in all areas of our intervention. We will continue to remain exemplary in the Insurance Industry without compromising on ethical issues and global best practices.”
He appreciated the organisers of the Inspenonline Media Awards for the honour bestowed on the company once again and he equally thanked members of the public for remaining true to the STI Band. Sovereign Trust Insurance Plc will continue to execute pacesetting initiatives to promote the advancement of the insurance industry in the country and beyond.
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