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Olawale Banmore has been appointed as STACO Insurance Plc's new Managing Director.
According to a statement from the company, Banmore is a Chartered Insurance professional with over 21 years in the insurance industry both in the life and general insurance business.
Prior to his appointment, he was the Group Managing Director of Royal Exchange Plc between 2018 and 2020. He was also Managing Director/Chief Executive of Royal Exchange Prudential Life between 2011 and 2018.
“With diverse experience in technical Services, branch and regional operations, marketing and executive management, Banmore is an accomplished executive with exposure in operations, profits and loss oversight, multichannel product and service marketing,” the company stated.
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