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 8.83 years. directly owns 0.48% of the company’s shares, worth NGN45.76M. The average tenure of the management team and the board of directors is 0.8 years and 8.8 years respectively.
Key information
Olaotan Soyinka
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.5% |
| Management average tenure | less than a year |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
CEO
Olaotan Soyinka
8.8yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 8.8yrs | no data | 0.48% NGN 45.8m | |
| Executive Director and Divisional Head of Finance & Corporate Services | no data | no data | 0.47% NGN 44.8m | |
| DGM and Head of Finance & Account | no data | no data | no data | |
| Executive Director of Technical & Director | less than a year | no data | 0.14% NGN 13.8m | |
| Deputy General Manager of Corporate Communications & Investor Relations | less than a year | no data | no data | |
| Deputy GM and Head of Risk Management & Compliance | no data | no data | no data | |
| Executive Director of Marketing & Business Development and Executive Director | no data | no data | 0.62% NGN 59.2m | |
| Deputy GM & Head of ICT | no data | no data | no data | |
| Deputy GM & Head of Internal Audit | no data | no data | no data | |
| Assistant GM & Head of Eastern Area Operations | no data | no data | no data | |
| GM & Head of Northern Area Operations | no data | no data | no data | |
| Assistant GM & Head of General Internal Services | no data | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 8.8yrs | no data | 0.48% NGN 45.8m | |
| Executive Director of Technical & Director | less than a year | no data | 0.14% NGN 13.8m | |
| Executive Director of Marketing & Business Development and Executive Director | 8.3yrs | no data | 0.62% NGN 59.2m | |
| Chairman of the Board | 8.8yrs | no data | 8.2% NGN 781.3m | |
| Non-Executive Director | no data | no data | 1.41% NGN 134.2m | |
| Non-Executive Director | 8.8yrs | no data | 0.19% NGN 18.1m | |
| Independent Non Executive Director | no data | no data | no data |
8.8yrs
Average Tenure
Experienced Board: SOVRENINS's board of directors are considered experienced (8.8 years average tenure).