Sovereign Trust Insurance Plc

NGSE:SOVRENINS Stock Report

Market Cap: ₦43.5b

Sovereign Trust Insurance Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Lucas Durojaiye

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenureless than a year
Board average tenureless than a year

Recent management updates

Recent updates


CEO

Lucas Durojaiye

less than a year
Tenure

Mr. Lucas Durojaiye is Managing Director, Chief Executive Officer and Director of Sovereign Trust Insurance Plc from January 2026 and was DGM of Sovereign Trust Insurance Plc from August 2024 until Novembe...


Leadership Team

NamePositionTenureCompensationOwnership
Lucas Durojaiye
MD, CEO & Directorless than a yearno datano data
Gbeminiyi Olaitan
DGM and Head of Finance & Accountno datano datano data
Sanni Oladimeji
General Manager of Risk Management & Complianceno datano datano data
Segun Bankole
Deputy General Manager & Head of Sales and Clients Services 3no datano datano data
Olajumoke Olatubosun
GM, Head of Marketingless than a yearno datano data
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
Akinwumi Akinrinmade
ED & Head of Technical Operationsno datano datano data
Funmilayo Idodo
AGM & Head of Motor/Branch Operations1.3yrsno datano data
0.08yrs
Average Tenure

Experienced Management: SOVRENINS's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Lucas Durojaiye
MD, CEO & Directorless than a yearno datano data
Abimbola Oguntunde
Chairman of the Boardless than a yearno datano data
Emi Faloughi
Non-Executive Director10yrsno datano data
Eric Balogun
Independent Non Executive Directorno datano datano data
Shedrack Odoh
Non-Executive Director1.3yrsno datano data
1.0yrs
Average Tenure

Experienced Board: SOVRENINS's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/10 21:56
End of Day Share Price 2026/02/10 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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

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.