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.
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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.
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