LASACO Assurance Plc

NGSE:LASACO Stock Report

Market Cap: ₦3.7b

LASACO Assurance Management

Management criteria checks 1/4

LASACO Assurance's CEO is Abiodun Razzaq, appointed in Aug 2021, has a tenure of 3.67 years. directly owns 0.041% of the company’s shares, worth NGN1.60M. The average tenure of the management team and the board of directors is 6.6 years and 2.4 years respectively.

Key information

Abiodun Razzaq

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.7yrs
CEO ownership0.04%
Management average tenure6.6yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

CEO

Abiodun Razzaq

3.7yrs

Tenure

Mr. Razzaq Abiodun is the Managing Director and Chief Executive Officer of LASACO Assurance Plc since August 27, 2021 and serves as its Director since September 2018 and served as its Executive Director (T...

Leadership Team

NamePositionTenureCompensationOwnership
Abiodun Razzaq
MD, CEO & Director3.7yrsno data0.041%
NGN 1.5m
Akinwale Sofile
CFO and GM of Finance & Accountsno datano datano data
Shobo Ademoye
Executive Director of Technical & Directorno datano datano data
Rilwan Oshinusi
Deputy MD of Corporate Services & Director6.6yrsno datano data
Gertrude Olutekunbi
Company Secretary & Legal Adviser11.3yrsno datano data

6.6yrs

Average Tenure

Experienced Management: LASACO's management team is seasoned and experienced (6.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Abiodun Razzaq
MD, CEO & Director6.6yrsno data0.041%
NGN 1.5m
Shobo Ademoye
Executive Director of Technical & Directorno datano datano data
Rilwan Oshinusi
Deputy MD of Corporate Services & Director6.6yrsno datano data
Otunba Doherty
Non-Executive Directorno datano data0.040%
NGN 1.5m
Maria Phillips
Chairman of the Board4.6yrsno datano data
Biodun Dosunmu
Non-Executive Directorless than a yearno datano data
Ademola Oshodi
Non-Executive Directorless than a yearno datano data
Tobi Lawal
Non-Executive Directorless than a yearno datano data

2.4yrs

Average Tenure

Experienced Board: LASACO's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/25 22:12
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

LASACO Assurance Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.