Sovereign Trust Insurance Plc

NGSE:SOVRENINS Stock Report

Market Cap: ₦16.6b

Sovereign Trust Insurance Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Olaotan Soyinka

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure9yrs
CEO ownership0.5%
Management average tenureless than a year
Board average tenure8.4yrs

Recent management updates

Recent updates

CEO

Olaotan Soyinka

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 & Director9yrsno data0.48%
NGN 79.9m
Kayode Adigun
Executive Director and Divisional Head of Finance & Corporate Servicesno datano data0.47%
NGN 78.3m
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 24.1m
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 103.5m
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

0.9yrs

Average Tenure

Experienced Management: SOVRENINS's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Olaotan Soyinka
MD, CEO & Director9yrsno data0.48%
NGN 79.9m
Kayode Adigun
Executive Director and Divisional Head of Finance & Corporate Services1.3yrsno data0.47%
NGN 78.3m
Emmanuel Anikibe
Executive Director of Technical & Executive Director1yrno data0.14%
NGN 24.1m
Ugochi Odemelam
Executive Director of Marketing & Business Development and Executive Director8.4yrsno data0.62%
NGN 103.5m
Oluseun Ajayi
Chairman of the Board9yrsno data8.2%
NGN 1.4b
Abimbola Oguntunde
Non-Executive Directorno datano data1.41%
NGN 234.4m
Emi Faloughi
Non-Executive Director8.9yrsno data0.19%
NGN 31.6m
Eric Balogun
Independent Non Executive Directorno datano datano data
Shedrack Odoh
Non-Executive Directorless than a yearno datano data

8.4yrs

Average Tenure

Experienced Board: SOVRENINS's board of directors are considered experienced (8.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 15:22
End of Day Share Price 2025/01/22 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

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 .

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