Managing Director of Continental Reinsurance Plc, Dr. Femi Oyetunji, has said that the company has been creating wealth for its shareholders since its listing on the Nigerian Stock Exchange (NSE) 10 years ago.
Oyetunji, stated this when he led the companyâ€™s management team to ring the bell at the closing gong ceremony at the exchange in Lagos recently.
The event was part of activities to mark Continental Re’s 30th anniversary.
According to him, since its listing, the company has continued to create wealth for its shareholders by paying them dividend every year.
Oyetunji said that the company had a good interaction with the management of the NSE, to complement how far it had moved since it got listed on the NSE.
According to him, since Continental Re’s listing, the company had continued to create wealth for its shareholders by paying them dividend every year.
“We have been listed on the stock exchange since 2007, we have consistently paid dividend over the years, and we have put things in place to ensure that we continue to do so,” he said.
He noted that over the years, Continental Re had grown to become the largest privately owned reinsurance company in Africa, with offices across all the regions to serve its clients.
In his comments, the Executive Director, Market Operations and Technology, NSE, Mr. Ade Bajomo, said that the exchange was delighted to have Continental Re as one of the companies to ring the bell on the NSE.
Continental Re is a composite reinsurer, writing business in more than 50 countries across the African continent.