LASACO Notifies of Board Changes


Monday, October 5, 2020 / 5:35 PM / NSE / Header Image Credit: Lasaco Assurance

Berger Paints wish to inform our esteemed Shareholders and the General Public that our former Chairman Mrs. Aderinola Disu resigned as a Director on the Board of Lasaco Assurance Plc. The resignation takes effect from 8th September 2020.


We wish to also inform all our esteemed Shareholders and the Investing Public that the National Insurance Commission (NAICOM) has given a provisional approval for the appointment of the following Directors:

1. Dr (Mrs.) Maria Olateju Phillips            Non-Executive Director

2. Prince Jamiu Adio Saka                          Non-Executive Director


Chief (Mrs) Teju Phillips is a successful Chartered Accountant who holds an ACCA from England and Wales. She speaks Yoruba, English and French fluently. She is a former Director in Keystone Bank; former Director, Lagos State Lottery Board; Honorable Commissioner for Special Duties & Inter-Governmental Relations in Lagos State; she was also the Managing Director of Alma Beach Estate Ltd (a subsidiary of Rims Merchant Bank Ltd); Managing Director, Maridot Ventures Ltd. She is a renowned Management / Financial Consultant to many companies and was at a time, the Divisional Commercial Manager of Property division of the United African Company (UAC) of Nig. Plc.


Prince Jamiu Adio Saka is an accomplished insurance professional having practiced in Canada and Nigeria career wise and now as a Broker spanning over thirty years. He brings to the Board his wealth of experience.


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