Sovereign Trust Insurance Plc

NGSE:SOVRENINS Stock Report

Market Cap: ₦12.8b

Sovereign Trust Insurance Management

Management criteria checks 1/4

Sovereign Trust Insurance's CEO is Olaotan Soyinka, appointed in Jan 2016, has a tenure of 8.92 years. directly owns 0.48% of the company’s shares, worth NGN61.47M. The average tenure of the management team and the board of directors is 0.8 years and 8.3 years respectively.

Key information

Olaotan Soyinka

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure8.9yrs
CEO ownership0.5%
Management average tenureless than a year
Board average tenure8.3yrs

Recent management updates

Recent updates

CEO

Olaotan Soyinka

8.9yrs

Tenure

Mr. Olaotan Soyinka is an erudite and well-grounded Underwriter with over 20 years cognate experience. He is an Associate of the Chartered Insurance Institute of Nigeria. He joined Sovereign Trust Insuranc...

Leadership Team

NamePositionTenureCompensationOwnership
Olaotan Soyinka
MD, CEO & Director8.9yrsno data0.48%
NGN 61.5m
Kayode Adigun
Executive Director and Divisional Head of Finance & Corporate Servicesno datano data0.47%
NGN 60.2m
Gbeminiyi Olaitan
DGM and Head of Finance & Accountno datano datano data
Emmanuel Anikibe
Executive Director of Technical & Executive Directorless than a yearno data0.14%
NGN 18.5m
Segun Bankole
Deputy General Manager & Head of Corporate Communications & Investor Relationsless than a yearno datano data
Sanni Oladimeji
General Manager of Risk Management & Complianceno datano datano data
Ugochi Odemelam
Executive Director of Marketing & Business Development and Executive Directorno datano data0.62%
NGN 79.6m
Olalekan Oguntunde
Deputy GM & Head of ICTno datano datano data
Samuel Oseni
Deputy GM & Head of Internal Auditno datano datano data
Angela Uche-Onochie
DGM & Head of Eastern Area Operationsno datano datano data
Abisola Asaju
Assistant GM & Head of General Internal Servicesno datano datano data
Victoria Eze
DGM and Head of Sales & Client Services 2no datano datano data

0.8yrs

Average Tenure

Experienced Management: SOVRENINS's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Olaotan Soyinka
MD, CEO & Director8.9yrsno data0.48%
NGN 61.5m
Kayode Adigun
Executive Director and Divisional Head of Finance & Corporate Services1.2yrsno data0.47%
NGN 60.2m
Emmanuel Anikibe
Executive Director of Technical & Executive Directorless than a yearno data0.14%
NGN 18.5m
Ugochi Odemelam
Executive Director of Marketing & Business Development and Executive Director8.3yrsno data0.62%
NGN 79.6m
Oluseun Ajayi
Chairman of the Board8.9yrsno data8.2%
NGN 1.0b
Abimbola Oguntunde
Non-Executive Directorno datano data1.41%
NGN 180.3m
Emi Faloughi
Non-Executive Director8.8yrsno data0.19%
NGN 24.3m
Eric Balogun
Independent Non Executive Directorno datano datano data
Shedrack Odoh
Non-Executive Directorless than a yearno datano data

8.3yrs

Average Tenure

Experienced Board: SOVRENINS's board of directors are considered experienced (8.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Sovereign Trust Insurance 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.

AnalystInstitution