
LASACO Assurance Plc said it increased its revenue base in the last financial year, which revealed its strategic approach in shoring up its profit.
According to a statement obtained from the firm on Sunday, the Group Managing Director, Lasaco Assurance, Mr. Olusola Ladipo-Ajayi, said the company’s performance was a product of teamwork and strategic deployment of resources.
He stated that the company deployed both human and physical resources to chart a new direction for the organisation to remain the toast of investors.
Ladipo-Ajayi said the company was living up to its mission to enhance profitability and deliver dividends to its stakeholders.
The company, according to its managing director, has embarked on several restructuring programmes aimed at focusing on its core competence areas to deliver positive results that engender corporate growth.
He also underscored the commitment of the company to sustaining its customer centric posture in order to remain a “dynamic and vibrant player in the nation’s financial services sector.”
He added, “This has manifested in several strategies being deployed to develop innovative products and services to align with the aspirations of the customers.”
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