Directors and Management

About Us Directors and Management

BOARD OF DIRECTORS

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


Mrs erica

Mrs EMRICA KARGBO (CHAIRMAN)

Emerica is distinguished by her ability to identify, develop and manage successful businesses, mainly in Sierra Leone, Nigeria and the USA. She is currently CEO of Shangri La Sierra Leone and co-founder of ‘K’ Consulting which operates globally. She is a driving force as an entrepreneur with key experience of emerging markets, holding a B.A. in International Business and Marketing from Howard University, Washington DC. She is an established Real Estate Consultant with over 20 years experience and is a member of the National Association of Realtors in the USA.

Emerica is the immediate, past Chairman of United Bank for Africa (UBA) Sierra Leone where she was respected as a credible voice in decision making and sourcing strategic partnerships. She is also on the Board of Zamarr Institute, an educational facility for kids with learning disabilities in Abuja, Nigeria.

As the current Chairman of the Board of Staco Insurance Sierra Leone, she brings a wealth of experience in global marketing and driving social and corporate entrepreneurship.



Mr Ehi

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 establishing 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 and gas sector, with regards to International Trading and Shipping.

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



Mr Adekunle

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.



Mr. Rowland

MR. ROWLAND WRIGHT Esq.

Rowland is a Barrister and Solicitor and lectures Banking Law and International Trade Law at the University of Sierra Leone. He is the founder and managing partner of Wright & Co (Solicitors). He has over 36 years’ experience as a lawyer. Spearheaded various projects for national and international bodies in areas of privatization, acquisitions, due diligence searches, divestiture and other finance projects. His specialism is banking, finance and commercial law.

Rowland Wright Esq. was a consultant for the British Government’s Department for International Development (DFID), The United States of America’s Overseas Private Investment Cooperation (OPIC), solicitor for OPIC on the restart of the financing of the mining sector in Sierra Leone, consultant to the World Bank on several projects including Doing Business in Sierra Leone and Administrative Barriers to Trade in Sierra Leone and Lead Contributor to the World Bank compendium on Doing Business in Sierra Leone. He also served as the drafter of the proposed legislation of the Institute of Chartered Accountants in Sierra Leone.

Rowland Wright Esq. has also been involved in various privatization projects of parastatals in Sierra Leone including Sierra Leone Ports Authority, Rokel Commercial Bank and Sierra Leone Electricity Corporation.

He is also the Chairman of the board of directors of a commercial bank in Sierra Leone.




Mr. David

MR. DAVID CAREW

David is the Managing Partner of Moore Sierra Leone and also the Managing Partner of an associate firm in Liberia – Moore Monrovia. He is a leading business consultant and has advised various businesses in his over 40 years’ experience. David qualified as a Chartered Accountant in 1982 and worked with KPMG in Nigeria, Sierra Leone and The Gambia. David joined KPMG in 1979 and from 1996 to 2010 was the Senior Partner for Sierra Leone and The Gambia with responsibility for Liberia. In 2007 David took a three-year leave of absence to serve the Government of Sierra Leone and on his return in 2010 left KPMG and joined Leone Consultants as the Managing Partner. In 2017 Leone Consultants joined the international network of Moore Stephens International

In his 42 years' experience in audit, consultancy and Taxation he has managed the professionals who provide the professional services.

In the three years he served the Government of Sierra Leone, David was the Minister of Finance in Sierra Leone from 2007 to 2009 and from February 2009 to December 2010 as the Minister of Trade and Industry.

David is a Board member of a number of businesses in the Financial Services, Hospitality, Food and Drinks and the Education sectors. David is also presently the Pro Chancellor of the Njala University..


MR. TARICA MPINGA

Tarica Mpinga is the founding member of Righini Limited, an advisory and investment firm, founded in 2016 with investment in mining, oil and gas and insurance. prior to Righini, Tarica spent 10 years at the London office of Canaccord Genuity focusing on originating, structuring and executing transactions in Africa in the energy and natural resources sector. The footprints of the transactions he put together span from West Africa (Ghana, Nigeria, Guinea and Senegal), to Central (CAR, DRC, Congo B) and Southern Africa (Zambia, South Africa, Botswana). Before he joined Canaccord Genuity, Tarica worked for Bank of Montreal’s Investment and Corporate Banking Group (BMO Capital Market) in Toronto for 8 years.

Tarica has successfully originated, negotiated and executed transactions of over US$10 billion in the natural resource sector. He has advised on several major transactions in the oil and gas sector in the Gulf of Guinea and on mining deals in Southern Africa. Some of the deals he advised on became industry ‘game changers.

Tarica was born and raised in Kinshasa, Congo DRC and has a BSc in Economics and International Trade from the Hautes Etudes Commerciales (HEC- Montreal) and a MSc in Management from the University of Sherbrooke.


MANAGEMENT TEAM

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

MR. ADEKUNLE MICHAEL ADERINOLA -MANAGING DIRECTOR

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.



Mr Adekunle

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

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, including courses organised by Continental Re, Waica Re, Africa Re. She is a holder of West African Insurance institute's Middle Management Diploma.



Miss Fredella

Miss Fredella Coker (Head Life and Medical Department Account)

Qualified as a chartered Accountant in 2016 and also holds a degree in Applied Accounting from the Institute of Public Administration and Management (IPAM), University of Sierra Leone.

She became a member of the Association of Chartered Certified Accountants (ACCA) and The Institute of Chartered Accountants of Sierra Leone (ICASL) in 2017 and 2018 respectively.

Miss Fredella Coker has over seven (7) years of relevant work experience in different industries. She gained professional accounting experience from KPMG Sierra Leone for three years where she was a Senior Associate in the Advisory Department. As part of her experience in KPMG Sierra Leone, she was team member for various assignments including Forensic Investigations, Accounting Package Installation and training (mainly SunSystems Accounting Package) among others. Her main task was the preparation of Financial Statements for various industries. She has also worked in the Insurance, Mining and Wholesale Industries.

She has attended several local courses and Continuous Professional Development Courses organized by KPMG and ICASL.



Mrs Joycie

Mrs. Joycie Hamilton-Macauley (Head Life and Medical Department)

Mrs. Hamilton-Macauley is the Head of Underwriting of the Life and Medical Department. Before joining STACO Insurance Company (SL) Limited, Mrs. Hamilton-Macauley worked with Sierra Leone Insurance Company (SL) Limited (SLICO) for Three (3) years as an Underwriting Executive where she started her insurance career. She joined STACO Insurance Company (SL) Limited in October, 2012.

She holds Honours Degree in Business Administration from the Institute of Public Administration and Management (IPAM), University of Sierra Leone from 2008.

Over the years, she has attended several insurance training courses both locally and internationally, organised by renounced Reinsurance companies such as Continental Re and Africa Re. In 2014, she became a holder of West African Insurance Institute's Insurance Foundation certificate. And in 2019 attended the West African Insurance Institute in the Gambia and holds a Diploma in Insurance for middle level managers and was awarded as the chosen valedictorian.



Ms. Musu

Ms. MUSU VERONICA SHARKA (MARKETING MANAGER)

Ms. Musu Veronica Sharka is a member of the Chartered Insurance Institute of London. She is a holder of West African Insurance institute's Insurance Foundation certificate and Diploma. .

She holds a Degree in Business Administration, specializing in Human Resource Management with Honours from the Institute of Public Administration and Management (IPAM), University of Sierra Leone in 2019, and a Diploma in Population Studies from Milton Margai College of Education and Technology (MMCET) Goderich campus, Freetown in 2008.

Ms. Musu Veronica Sharka is one of the pioneer staff of STACO INSURANCE COMPANY SL LIMITED as she had worked in the Marketing Department for over twelve years.

She had attended several insurance courses both locally and internationally, including courses organized by Africa Re, Continental Re, Waica Re etc.



Mr. Bolaji

Mr. Bolaji Ladejobi (Head of Reinsurance and Claim)

Bolaji Ladejobi obtained his B.Sc. degree in Insurance from Lagos State University, Nigeria, he is an Associate of the Chartered Insurance Institute of Nigeria and has working experience crossing over a decade. He worked with the Staco Insurance Plc Nigeria and left as an Assistant Manager.

He joined Staco Insurance Company (SL) Limited as Head of Reinsurance and claim.



Mr. Mustapha

Mustapha Ishola Kolawole (SENIOR INTERNAL AUDITOR)

Mustapha Ishola obtained his first degree in Accounting from the University of Lagos, Nigeria. He also obtained a combined degree in Economics and Banking & Finance from the International Open University. Prior to these qualifications, Mustapha had a National Diploma in Science Laboratory Technology from Lagos State Polytechnic.

Mustapha is a holder of CTP (Certified Takaful Insurance Professional) and CMM (Certified Microfinance Manager) awarded by the Centre of Economics and Banking (CIBE) based in Dubai, UAE. He is currently working towards obtaining another professional qualification – Certified Internal Auditor (CIA) from the global Institute of Internal Auditors (IIA).

After over fifteen years of working, Mustapha was employed by Staco Insurance Plc, Nigeria. He was later seconded to Staco’s subsidiary company in Freetown, Sierra Leone where he is currently serving as the company internal auditor. Prior to his employment, he has served as administrative officer and later as deputy registrar at Student Pye Nigeria Limited. Mustapha also worked as administrative officer at his Alma Mater, the University of Lagos, Nigeria. He worked in the finance department of Osun State Polytechnic, Iree, Nigeria after working as Accounts teacher at Bedrock College in Lagos. After this period, Mustapha served at Murhi International Group both as Accountant and as Head of Internal Control unit.

Mustapha has many years of experience in finance, accounting, risk management, corporate governance, business ethics and strategy. He has added landmark values to various organizations where he has served.

  • 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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