Directors and Management

About Us Directors and Management

The management Team is made up of a crop of tested hands that have come together to pool their varied experiences in insurance consultancy & broking, loss adjusting, direct underwriting and reinsurance operations. The team is headed by Mr. A. M. Aderinola, also included are the following:

MR. ADEKUNLE MICHAEL ADERINOLA

Mr. A. M. Aderinola, studied Insurance Management and qualified as a Chartered Insurer in 1992 having been awarded Associateship of the Chartered Insurance Institute, London. He holds a Masters of Business Administration, (General Management) Degree from University of Uyo, Nigeria.

His career path cut across Insurance broking, Underwriting, Claims Management, Marketing and Management, having worked for Femi Johnson and Company, a reputable insurance broking firm in Nigeria, UNIC Insurance Plc before joining STACO Insurance Plc.

Mr. A. M. Aderinola, as Claims Manager in UNIC Insurance Plc was responsible for the claims management of highly rated companies in the real sector of Nigeria economy, having handled claims in respect of United Nigeria Company (UAC), Nigerian National Petroleum Corporations (NNPC), General Motors, West African Portland Cement Company, Lever Brothers, Nigerian Breweries etc. While handling claims, he gained sound understanding of the intricacies and rudiments of loss adjusting. A well exposed underwriter and marketer, he brings to the management of STACO Insurance Co. (SL) Ltd, a cognate experience in Insurance of over 20 years.

Gershon S. Allen -Head Account Department

Mr. Allen Obtained his diploma in accounting at the institute of Public Administration and Management (IPAM). He has attended several accounting courses both Locally and Internationally.

He has versatile Knowledge In the field of accounting having worked for the Sierra Leone Telecommunications Company for 19 years and had serve in various Capacity within the accounts department before being promoted as Financial and Treasury Accountant where he served for more than 4 years before joining STACO insurance.

Mr. Allen has wealth of experience in accounting as he has joined the management team to add value to the business.

Mrs Kosnatu Lamin Kamara (Head Technical Department)

Mrs Lamin kamara holds Degree in Human Resource Management from the Institute of Administration Management and Technology (IAMTECH) affiliated to Njala University in 2010, and a Diploma in Insurance from Milton Margai College of Education and Technology (MMCET) Godrich campus, Freetown in 2007.

Before joining STACO insurance company (SL) Limited, Mrs.Kosnatu Lamin Kamara had worked with International Insurance Company (SL) Limited for about 4years as an Underwriting Executive. She started her insurance career with Sierra Leone Insurance Company Limited (SLICO).

She has attended several insurance courses both locally and internationally, included courses organised by Continental Re, Waica Re, Africa Re. She is a holder of West African Insurance institute's Insurance Foundation certificate.

THE BOARD OF DIRECTORS

Our Board includes renowned insurance practitioners, businessmen and entrepreneurs of good repute. These are;


MR. BRIMA NDOEKA (Chairman)

Mr. Brima Ndoeka is a Sierra Leonean from Kenema, in the Eastern Province of Sierra Leone. He obtained his Higher National Diploma in Marketing from Institute of Marketing, Mall House, London. Before becoming a major distributor of Aureol Tobacco Company, Mr. Brima Ndoeka was Regional Sales Manager of Agip (SL) Limited.

He was Chairman, Sierra Leone Insurance Commission between 2003 -2008. A widely travelled and read gentleman, he was member University Court (USL) between 2001 - 2004, Vice Chairman, Eastern Polytechnic College Council, Member, Sierra Leone Chamber of Commerce and Agriculture and Proprietor, Eastern Motel Enterprise.

Mr. Brima Ndoeka brings to the board of STACO Insurance Company (SL) Limited, a wealth of experience covering Marketing, Management, and Entrepreneurship.

MR. EHI EGUABOR

Mr. Ehi Eguabor, a Nigerian, businessman and entrepreneur, obtained his Higher National Diploma in Business Administration from Yaba College of Technology and Masters of Business Administration in Banking and International Finance from University of Calabar, Nigeria.

Mr. Eguabor started his career in the Financial Industry before moving to the Oil and Gas sector. Between 1990 and 2003, while in the Financial Industry, he was extensively exposed to Corporate Finance, Corporate Banking and Financial Institutions, Credit and Marketing, fund and Portfolio Management and Strategic Management Planning while working at various times in First Finance and Trust Limited, Commercial Bank (Credit Lyonnais) Limited and Access Bank, all in Nigeria.

Before founding outturn Oil and Gas, an outfit specialising in downstream sector of the Oil and Gas industry, which he is managing as Chief Executive Officer since 2005, he worked at Fossil Resources International Limited, a petroleum trading company as General Manager. At Fossil Resources, he gained a sound understanding of the oil market, International Trading and Shipping.

Mr. Eguabor is an Executive member of the prestigious Ikoyi Club 1938 and Lagos Lawn Tennis Club.

He brings to the board of STACO Insurance Company (SL) Limited, a wealth of experience covering Marketing, Strategic Management and Entrepreneurship.

MR. SAKIRU O. OYEFESO

Mr. S. O. Oyefeso graduated with distinction from Lagos State College of Science and Technology (Now Lagos State Polytechnic) in 1983 and qualified as Chartered Insurer during his NYSC Programme in 1984. He started his insurance career in the year 1978 with NICON and subsequently worked conscientiously with Rivbank Insurance Co. Limited, Prudential Union Assurance Co. Limited and Leadway Assurance Company Limited before joining Financial Assurance Company Limited as AGM (Operations) in 1992.

He was in the success story of Financial Assurance Company Limited for over two and a half years. He left the company in August 1994 as Deputy General Manager (Operations) to join Standard Trust Assurance Plc as its Managing director/Chief Executive. His success at turning Financial Assurance Company Limited around is attributed to his firm belief in prompt claims settlement and good underwriting services. He demonstrated his zeal for hard work when he combined busy office schedule at work with academic pursuit and completed the Fellowship examinations of the Chartered Insurance Institute of London in 1992.

Mrs Emrica kargbo

She holds a bachelors degree in International Business and Marketing from Howard University in Washington D.C and is a member of the National Association of Realtors in the United States.

She is a vastly experienced entrepreneur and successful in managing businesses both in Nigeria, Sierra Leone and the United States of America.

h4>MR. ADEKUNLE MICHAEL ADERINOLA

Mr. A. M. Aderinola, studied Insurance Management and qualified as a Chartered Insurer in 1992 having been awarded Associateship of the Chartered Insurance Institute, London. He holds a Masters of Business Administration, (General Management) Degree from University of Uyo, Nigeria.

His career path cut across Insurance broking, Underwriting, Claims Management, Marketing and Management, having worked for Femi Johnson and Company, a reputable insurance broking firm in Nigeria, UNIC Insurance Plc before joining STACO Insurance Plc.

Mr. A. M. Aderinola, as Claims Manager in UNIC Insurance Plc was responsible for the claims management of highly rated companies in the real sector of Nigeria economy, having handled claims in respect of United Nigeria Company (UAC), Nigerian National Petroleum Corporations (NNPC), General Motors, West African Portland Cement Company, Lever Brothers, Nigerian Breweries etc. While handling claims, he gained sound understanding of the intricacies and rudiments of loss adjusting. A well exposed underwriter and marketer, he brings to the management of STACO Insurance Co. (SL) Ltd, a cognate experience in Insurance of over 20 years.

  • Professionalism
  • Team Work
  • Integrity
  • Empathy
  • Customer Satisfaction
  • Social Responsibility
Staco seeks to:
  • Retain and enhance our client’s base
  • Expand our ability to cross sell
  • Add real and genuine value to our customer’s needs, particularly our claims settlement
  • Extend the penetration of our existing product and services
  • Develop at least one conspicuously different product each year
  • Social Responsibility
  • Flexibility
  • Excellent Services
  • Originality
  • Relationship Management
  • Good Leadership
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