The director general of Saham Assurances Togo, Magloire Dochamou, was sacked this Tuesday at the head of the company.
According to information received by Financial Afrik, this former Fedas Ivory Coast executive has been summoned for a few weeks to resign, following an inspection mission sent by the group in Lome.
Contacted, the now ex-CEO of Saham Togo, cited in a case of malpractices by the local press, did not want to comment on the subject.
Major player in the insurance sector in Togo, the subsidiary of the largest pan-African insurance group (excluding South Africa) had recorded in 2015, its greatest performance in terms of turnover, from 5,653 billion to 2014 to 7,179 billion. That is a rise of about 27%, thus holding 25,19% of market share, behind NISA Togo.
Trending
- CMC Motors exits East Africa on challenging economic environment
- Kenyan startup raises $4.5 million toward sustainable tourism
- World Bank suspends disbursements to Gabon on $27 million loan arrears
- Mozambique swears-in new president amid disputed polls
- Kenya, East Africa leads in startup funding received in 2024
- US President-elect Trump taps Kenya Dusit attack hero
- Ethiopia Accelerates Its Shift Towards a Market Economy with the Stock Exchange (ESX)
- Companies Exit Zambia and Zimbabwe Amid Economic Instability
Togo: Saham sacked the CEO of his non-life branch
Nephthali Messanh Ledy
Rédacteur en chef de Financial Afrik. Basé à Lomé, Nephthali Messanh Ledy représente Financial Afrik depuis deux ans. Outre l'économie et les finances africaines, il est passionné de l’actualité internationale. Diplômé en Commerce International et en Marketing - Communication, il s’intéresse également aux réseaux sociaux et au football.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com