Staco Insurance Plc has appointed Mr. Wale Banmore as its Managing Director/Chief Executive Officer (CEO).
His appointment has been approved by the National Insurance Commission (NAICOM) with two directors after the take-over of the firm’s board by a new investor.
Banmore has worked with several companies and served at various capacities in the industry.
He was the Managing Director of Royal Exchange Prudential Life Plc, a subsidiary of Royal Exchange Plc from 2011 to 2019.
An insurer with over 30 years’ experience, Banmore is a doctoral student of Strategic Marketing at Babcock University, Ogun State.
A graduate of Sociology from the University of Ibadan, Banmore holds a Master’s in Managerial Psychology from the same institution.