Staco Insurance PLC
Adebowale is a financial expert who has been in the financial industry for over two decades. He started his career with Leadway Assurance Company Ltd in 1998 in the account department as an accountant.
He left Leadway Assurance in 2008 after putting in over 10 years to become the Chief Financial Officer of Fin Insurance Company Limited (a subsidiary of FinBank Plc then) between January 2009 and September 2010. The lure of higher challenges made him proceed to Royal Exchange Plc in 2010 where he was seconded to the Finance & Asset Management Company in 2010 as Head, Human Capital & Strategic Planning.
He also gained experience at Royal Exchange plc (Holding Company), where he worked as an executive assistant to two Group Managing Directors before being transferred to one of its subsidiaries (Royal Exchange Finance Company Limited as Head of Finance and Strategy between June 2020 and July 2022.
He is an alumnus of Ahmadu Bello University, Zaria, where he holds a Master’s in Business Administration (MBA) with a specialization in management. He is a professional accountant and banker.
He is an associate member (ACA) of the Institute of Chartered Accountants of Nigeria (ICAN 2005) and also an associate member (ACIB 2002) of the Chartered Institute of Bankers of Nigeria (CIBN).
He has undergone many professional trainings, both local and internationally.
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Staco Insurance PLC
STACO Insurance Plc is a Nigeria-based company engaged in the provision of non-life insurance business. The Company operates through eight segments: Fire, General Accident, Motor Vehicle, Oil and Gas, Marine, Aviation, Bond and Engineering. The Company's portfolio serves Nigeria's public and private sectors, including oil and gas, engineering/construction, manufacturing, trade, aviation and marine. The Company is also developing its micro insurance arm. The Company provides non-life insurance services to both retail and corporate clients all over Nigeria. The Company provides insurance for accidental death, permanent disability or hospitalization. The Company's subsidiary is Staco Insurance Company (Sierra Leone) Limited. Staco Insurance Company (Sierra Leone) Limited is an insurance company engaged in the provision of life and non-life businesses to retail and corporate customers in Sierra Leone, West Africa.