Company Royal Exchange Plc

ROYALEX

NGROYALEX007

Multiline Insurance & Brokers

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Company contact information

Sector

Sector Other Multiline Insurance & Brokers

End-of-day quote Nigerian S.E. Other stock markets 23:00:00 18/06/2024 BST			5-day change	1st Jan Change
0.61 ^NGN	0.00%		+3.39%	-3.17%

01-25	Royal Exchange Plc Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Royal Exchange Plc Reports Earnings Results for the First Quarter Ended March 31, 2023	CI

Royal Exchange Plc is a financial services group organized around 5 areas of activity:

- non-life insurance (78.2% of net income): energy insurance, car insurance, fire insurance, accident insurance, marine and aviation insurances, etc.;

- life insurance (7.3%);

- financial services (7.5%);

- asset management (5.4%);

- health insurance (1.6%).

Nigeria accounts for all net income.

Number of employees: 108

NGN in Million	2022	Weight	2023	Weight	Delta
Asset Management and Credit Financing 100.0 %	340	100.0 %	882	100.0 %	+159.13%

NGN in Million	2022	Weight	2023	Weight	Delta
Nigeria 100.0 %	340	100.0 %	882	100.0 %	+159.13%

Managers	Title	Age	Since
Irene Opara CEO	Chief Executive Officer	-	-
Anthony Ogunade DFI	Director of Finance/CFO	-	-
Monday Obodo AUD	Comptroller/Controller/Auditor	-	-
Donald Nosiri HRO	Human Resources Officer	-	31/12/11

Members of the board	Title	Age	Since
Kenneth Odogwu CHM	Chairman	-	31/08/97
Anthony Ikemefuna Idigbe BRD	Director/Board Member	-	19/08/02
Ahmed Mohammed BRD	Director/Board Member	-	15/05/07
Adeyinka Ojora BRD	Director/Board Member	-	05/06/11
Hewett Benson BRD	Director/Board Member	-	25/04/18

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	5,145,370,074	4,846,416,373 ( 94.19 %)	0	94.19 %

Royal Exchange Plc

34-36 Oshodi-Apapa Expressway Oshodi

100221, Lagos

http://www.royalexchangeplc.com

Financials

Multiline Insurance & Brokers

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