SUNU Assurances MD Reassures Stakeholders of Better Performance
The Managing Director of SUNU Assurances Nigeria Plc, Mr. Samuel Ogbodu, has reassured stakeholders of the commitment to keep providing products and better services on which SUNU Group has built its reputation across Africa.
Ogbodu gave the assurance at the company’s annual general meeting (AGM) held in Lagos, where the shareholders were briefed on the company’s activities over the past year, which largely involved its rebranding efforts. The company changed its name from Equity Assurance Plc to SUNU Assurances Nigeria Plc with due approval from the shareholders and regulators.
The shareholders ratified the appointment of Ogbodu as the MD and that of Mr. Adeleke Emmanuel Hassan as Executive Director, Technical & Operations. This, according to the company, is in line with its vision of growing its business consistently over the next five years to become one of Nigeria’s 10 largest underwriting companies. Ogbodu explained that the company’s rebranding activities involved both internal and external communication strategies to inform stakeholders and the general public of the change of name and to raise awareness of the introduction of the SUNU Group’s presence in Nigeria.
The rebranding not only included a change in the company’s aesthetics but also in critical service functions and delivery as the company is focused on leveraging technology insurance offerings to provide to our quality various customers reflecting our pan African presence as a full-fledged member of the SUNU Group. “The rebranding is strategic and designed to align with the exemplary brand of our parent company (SUNU Group). It is worthy to note that SUNU Group is a foremost PanAfrican Insurance Group with asset base of over $623 million and operations in 14 African countries and 23 office locations spanning West and Central Africa. SUNU Assurances Nigeria Plc. is therefore positioned to leverage on SUNU Group’s vast network of knowledge capital, financial strength and technical resources in our quest to differentiate its offerings and service standards in the Nigerian marketplace, he said.