The Management of Sovereign Trust Insurance Plc has announced the promotion of 29 members of staff following the conclusion of its 2010 appraisal exercise. The newly promoted staff cut across different cadre and divisions within the company across the country.

Managing Director and Chief Executive Officer of the company, Mr. Wale Onaolapo, said the promotion “is in line with management’s resolve to continually reward and recognise outstanding performance from time to time.”

He further stressed that, although, all members of staff have shown great commitment in the discharge of their duties but the ones being promoted and recognised now have been very outstanding and have equally contributed immensely to the growth of the organisation.

He charged all members of staff not to relent in their duties as management will always reward dedication and excellent performance.

Amongst the newly promoted are three Assistant General Managers that were moved to the position of Deputy General Managers. They are Kayode Adigun, Divisional Head, Finance & Investments, Ugochi Odemelam, Divisional Head for Marketing & Relationship Management and Olaotan Soyinka, Head of Energy Division.

Two Senior Managers were elevated to the position of Assistant General Managers while four Managers also got promoted to the position of Senior Managers. Former Head of Claims, Emmanuel Anikibe is now an Assistant General Manager in charge of Branch Operations while Chris Agbara of the Surulere Area Office now wears the garb of an Assistant General Manager as well. Sola Dada, (Head, Investment), Victoria Eze, (Apapa Area Office), Angela Onochie, (Port Harcourt Area Office) and Taiwo Kuyoro, (Head, Internal Audit) are now Senior Managers in the organisation.