Sunu Assurances Nigeria Management

Management criteria checks 2/4

Sunu Assurances Nigeria's CEO is Sammy Ogbodu, appointed in Nov 2018, has a tenure of 5.42 years. directly owns 0% of the company’s shares, worth NGN22.50K. The average tenure of the management team and the board of directors is 3.8 years and 8.3 years respectively.

Key information

Sammy Ogbodu

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.4yrs
CEO ownership	0.0003%
Management average tenure	3.8yrs
Board average tenure	8.3yrs

Recent management updates

Recent updates

CEO

Sammy Ogbodu

5.4yrs

Tenure

Mr. Samuel Oghenebrume Ogbodu, B.Sc (INS), ACII, MBA, also known as Sammy, serves as Managing Director and Chief Executive Officer at Sunu Assurances Nigeria plc since November 30, 2018 and served as its E...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Samuel Ogbodu	MD, CEO & Executive Director	5.4yrs	no data	0.00032% NGN 22.5k
Olusegun Oginni	Chief Finance Officer	no data	no data	no data
Taiwo Kuku	Group Company Secretary & Head of Legal	3.3yrs	no data	no data
Robert Ewuzie	Head of Business Development	4.3yrs	no data	no data
Japari Yusuf	Head of Corporate Services	less than a year	no data	no data
Elie Ogounigni	General Manager of Risk Management & Financial Control	no data	no data	no data

3.8yrs

Average Tenure

Experienced Management: SUNUASSUR's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Samuel Ogbodu	MD, CEO & Executive Director	no data	no data	0.00032% NGN 22.5k
Kyari Bukar	Independent Chairman of the Board	no data	no data	no data
Karim-Franck Dione	Non Executive Director	9.3yrs	no data	no data
Mohammed Bah	Non-Executive Director	8.3yrs	no data	no data
Philippe Ayivor	Independent Non-Executive Director	8.3yrs	no data	no data
Taizir Ajala	Independent Vice Chairman	no data	no data	no data

8.3yrs

Average Tenure

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

Sunu Assurances Nigeria Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 19%

Investor sentiment deteriorates as stock falls 18%

Full year 2023 earnings released: EPS: ₦0.50 (vs ₦0.074 in FY 2022)

Investor sentiment improves as stock rises 26%

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 18%

Third quarter 2023 earnings released: ₦0.035 loss per share (vs ₦0.05 profit in 3Q 2022)

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 33%

Investor sentiment improves as stock rises 55%

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: ₦0.32 (vs ₦0.007 loss in 2Q 2022)

Upcoming dividend of ₦0.03 per share at 6.3% yield

First quarter 2023 earnings released: EPS: ₦0.048 (vs ₦0.013 in 1Q 2022)

Full year 2022 earnings released: EPS: ₦0.09 (vs ₦0.034 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ₦0.05 (vs ₦0.032 in 3Q 2021)

Second quarter 2022 earnings released: ₦0.007 loss per share (vs ₦0.044 profit in 2Q 2021)

First quarter 2022 earnings released: EPS: ₦0.013 (vs ₦0.057 loss in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS ₦0.032 (vs ₦0.28 in 3Q 2020)

Second quarter 2021 earnings released: EPS ₦0.044 (vs ₦0.059 in 2Q 2020)

Full year 2020 earnings released: EPS ₦0.10 (vs ₦0.087 loss in FY 2019)

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure