Nigeria, Feb. 25 -- Lasaco Assurance Plc has appointed Ademoye Shobo as its new Managing Director and Chief Executive Officer, with the appointment taking effect on 6 February.

The insurance company disclosed this in a statement on the NGX Group, and signed by its secretary, Gertrude Olutekunbi, on Tuesday.

"Lasaco Assurance Plc (the Company) hereby notifies the Nigerian Exchange Limited (NGX), its esteemed shareholders, and the investing public that the National Insurance Commission (NAICOM) has approved the appointment of Mr Ademoye Shobo as the Company's Managing Director /Chief Executive Officer, effective 6th February, 2026," the statement said.

The life and general insurance company further expressed its confidence in Mr Shobo's ...