Coronation Insurance Plc

NGSE:WAPIC Stock Report

Market Cap: ₦60.0b

Coronation Insurance Management

Management criteria checks 2/4

Coronation Insurance's CEO is Olamide Olajolo, appointed in Jun 2021, has a tenure of 3.67 years. directly owns 0% of the company’s shares, worth NGN77.97K. The average tenure of the management team and the board of directors is 3.7 years and 3.8 years respectively.

Key information

Olamide Olajolo

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.7yrs
CEO ownership0.0001%
Management average tenure3.7yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO

Olamide Olajolo (48 yo)

3.7yrs

Tenure

Mr. Olamide Olajolo serves as Managing Director, Chief Executive Officer and Executive Director at Coronation Insurance Plc since June 17, 2021. Mr. Olajolo has been Head of Technical at Zenith General Ins...

Leadership Team

NamePositionTenureCompensationOwnership
Olamide Olajolo
MD, CEO & Executive Director3.7yrsno data0.00013%
NGN 78.0k
Bankole Osebeyo
Head of Financeno datano datano data
Olusola Ojeniyi
Head of Treasury and Investment10.1yrsno datano data
Muyiwa Oke
Head of Internal Controlno datano datano data
Kenechukwu Nwankwo
Head of General Resourceno datano datano data
Modupe Olomu
Head of Human Resourcesno datano datano data
Nelson Madu
Head of Information Technologyno datano datano data
Akinlolu Akinyele
Managing Director of Coronation Life Assurance Limitedno datano datano data
Yaw Adom-Boateng
Managing Director of Coronation Insurance Ghana Ltdno datano datano data
Adewale Adeneye
Executive Director1.1yrsno datano data
Mary Agha
Company Secretary & Legal Adviserno datano datano data

3.7yrs

Average Tenure

Experienced Management: WAPIC's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Olamide Olajolo
MD, CEO & Executive Director3.7yrsno data0.00013%
NGN 78.0k
Adewale Adeneye
Executive Director1.1yrsno datano data
Titilayo Grace Osuntoki
Independent Non-Executive Director4.6yrsno data0.00023%
NGN 138.0k
Victor Etuokwu
Non-Executive Directorless than a yearno datano data
Olusegun Ogbonnewo
Non-Executive Director7.3yrsno data0.014%
NGN 8.4m
Mutiu Olaniyi Sunmonu
Chairman6.1yrsno datano data
Abubakar Jimoh
Independent Non-Executive Director3.9yrsno data0%
NGN 0
Stella Ojekwe-Onyejeli
Independent Non-Executive Director2.5yrsno data0.000050%
NGN 30.0k
Omosalewa Fajobi
Non-Executive Director4.6yrsno datano data
Ibijoke Adenuga
Non-Executive Director2.5yrsno datano data

3.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: WAPIC's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 00:22
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

Coronation Insurance Plc is covered by 1 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
Olufemi AdemolaBGL Research