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Olateju Phillips Takes Over As LASACO Assurance New Chairman

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BY NKECHI NAECHE-ESEZOBOR-Nigeria’s top underwriter, LASACO Assurance Plc on Thursday announced the appointment of Olateju Phillips as the company’s new chairman following the resignation of Mrs Aderinola Disu.

According to statement released on the floor of the Nigerian Stock Exchange (NSE) and signed by Gertrude Olutekunbi, Company Secretary/Legal Adviser
that the decision was reached at the company’s board meeting held yesterday.

The notice further stated that the appointment takes effect from September 8, 2020.

The notice reads: “We wish to inform our esteemed shareholders and the general public that at Lasaco’s board of directors’ meeting held on Wednesday, October 7, 2020, the board approved the appointment of Mrs Maria Olateju Phillips as the new Chairman,” the notice said.

Mrs Phillips, a former Commissioner for Commerce in Lagos State, is the first child of the late billionaire business, Mr Deinde Anthonio Fernandez.

She is a successful Chartered Accountant who holds an ACCA from England and Wales. She is a former director in Keystone Bank; former Director, Lagos State Lottery Board.

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 Nigeria Plc.

She brings her wealth of experience and exposure to the Board and Company.

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