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
- Burkina Faso: Coris Bank dominates the Top 10 banking sector
- Private Equity: The Latest Deals in the African Market
- OIC: Ismail Ould Cheikh Ahmed, Mauritania’s Diplomatic Victory
- Morocco: 17% Increase in LabelVie Group’s Consolidated Revenue in the First Half of 2026
- Nigeria’s $5 Billion Swap: What It Is, What It Costs, and What Abuja Isn’t Saying
- Ivorian paper attracts investors in the UMOA financial market
- UMOA: the impressive profitability of banks
- The AGOA extension should lead to a permanent trade framework between the United States and Africa
Togo: Saham sacked the CEO of his non-life branch
Nephthali Messanh Ledy
Editor-in-chief of Financial Afrik, Nephthali Messanh Ledy has been representing the media outlet from Lomé for the past two years. In addition to African economics and finance, he is passionate about international news. He holds degrees in International Trade and in Marketing & Communication, and also has a strong interest in social media and 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