Lasaco
Assurance Plc
Reg No.J**26
Lagos, Nigeria, Tuesday, February 24", 2026
NOTIFICATION OF APPOINTMENT OF OUR NEW MANAGING DIRECTOR/CHIEF
ExEcuTzVE OFFICER
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 Nlanaging Director /Chief Executive Officer effective 6'^ February, 2026.
Mr. Ademoye Shobo holds a Bachelor of Science Deg ree in Chemistry from the Lagos State University in 1988 and Master's Degree in Business Administration from the Nassarawa State University in 2023. He became an Associate f4ember of the Chartered Insurance Institute of Nigeria in 1998. He joined Lasaco Assurance Plc in 1993 as an Officer in the Audit Department of the Organization.
He was promoted to the position of Deputy General Manager and assigned to oversee the Technical Division in 2013. He was later promoted to the position of General Manager (Marketing), saddled with the responsibility of coordinating al) Marketing activities of the Northern Reg ion. He has attended many courses both locally and internationally.
He joined the Board in 2021 as Executive Director (Technical).
We are confident that Mr. Ademoye Shobo will advance the company's strateg ie objectives and enhance its operational and financial performance.
GERTRUDE OLUTEKUNBI
Company Secretary Lasaco Assurance Plc
Nrs. Teju Phillips, (Chairman), Otunba. Akan Ooherty, Nr. Ademota Osho0i
I'm. Oluwarobiioba larval, Mr. Biodun Oosunmu, Nr Ademoye Shobo (ED TgCFI) Nr. Rilwan Oshinusi (DMD COkP SERVICES), or Razzaq Adiodun (ND/CEO)
L4SACO House, Piot is,
Acme Road, Ogda, tke a, P.O. Box 3724,
Lagos, nigeria.
07OOOLASACO (07000 fi27226)
infog lasacoassurance. com www.lasacoassurance.com