SUNU Group attributes 2024 efficiency to founder’s legacy

SUNU Group, the mum or dad firm of SUNU Assurances Nigeria, has attributed its efficiency on the Nigeria Alternate Restricted in 2024 to its late founder, Mr. Pathé Dione’s affect and legacy.

The Managing Director of SUNU Assurances Nigeria PLC, Mr Samuel Ogbodu, made this identified on Wednesday in Lagos in the course of the second anniversary of the demise of the group’s founder, who died in 2023.

The PidomNigeria stories that SUNU Assurance emerged as one of many best-performing shares on the NGX with a formidable 581 per cent year-to-date acquire as of December 20. The corporate emerged as the highest performer within the insurance coverage sector in addition to the second-best-performing inventory on the native bourse.

To honour the late founder, the group held spiritual ceremonies within the 17 international locations the place it operates, together with the Republic of Benin, Burkina Faso, and Cameroon, amongst others, to “function a poignant reminder of Mr. Dione’s enduring legacy and his unwavering dedication to the event of Africa.”

“Mr. Dione’s legacy is deeply ingrained within the DNA of SUNU Group. We’re dedicated to honouring his reminiscence by persevering with to construct on the robust basis he laid and by striving to realize the bold targets he envisioned for the Group,” Ogbudu remarked.

He continued, “You realize the founder was an individual of governance, so he put all of the buildings in place earlier than his loss of life. There’s a governance construction on the bottom, and (his absence) just isn’t affecting the efficiency of the group. As an example, we did higher final yr than when he was round. We’re the very best rising on the inventory trade. So it has not impacted negatively however positively the efficiency of the group.

“The group did higher final yr as a result of everyone believes within the man’s imaginative and prescient. The dedication and dedication to make sure that we make the person proud wherever he’s. It’s a motivation; the founder gave all of us the chance for profession development, so we should not disappoint him.”

In Nigeria, a Koranic studying was held on the NTA mosque, Ahmadu Bello Means, Victoria Island, Lagos, whereas a Mass was held on the Divine Doctor and St. Luke’s Catholic Chaplaincy, LUTH, Idi-Araba, Lagos.

The group revealed that the occasions offered a chance for the SUNU Group household, staff, companions, and most people to come back collectively and keep in mind the life and achievements of this exceptional particular person.

Whereas paying tribute to him on the commemorative service, the Managing Director of SUNU Well being Nigeria Restricted, Dr Patrick Korie, eulogised the late founder, saying, “Mr Dione was not only a founder; he was a mentor and an inspiration to all of us at SUNU Group. His unwavering perception within the energy of African entrepreneurship and his dedication to social accountability proceed to information our actions and encourage us to try for excellence in all that we do.”