csrreporters 
Lasaco Assurance Plc has rebranded its subsidiaries—Lasaco Properties Limited (LPL) and Lasaco Trading and Investment Limited (LTIL)—as part of a strategic transformation aimed at boosting operational efficiency and strengthening group performance.
In line with the restructuring, the company announced the appointment of Mr. Akinwale Sofile, a seasoned finance and investment professional and former Chief Financial Officer of Lasaco Assurance Plc, as the new Managing Director of LTIL. The board expressed confidence in his expertise, noting that his leadership would position the subsidiary for enhanced profitability and market growth.
Lasaco Properties Limited will continue under the stewardship of Mr. Olumide Jayeola, an experienced executive with diverse qualifications in project management, estate management, law, and theology.
According to the group, the rebranding reflects its forward-looking approach to business transformation. The overhaul includes refreshed corporate identities, enhanced service offerings, streamlined processes, and a restructured board featuring highly skilled directors, all geared towards delivering greater value to clients and stakeholders.
Lasaco Assurance Plc emphasized that these changes are expected to translate into improved financial performance across the group in the near term. With Sofile and Jayeola leading the subsidiaries, the company reaffirmed its commitment to providing innovative insurance, financial, and real estate solutions while positioning itself for sustainable growth and market leadership.
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