DESPITE STIFF STATE OF THE ECONOMY, CUSTODIAN & ALLIED PLC HITS A RECORD N25 BILLION BENCHMARK FOR THE FIRST TIME

A Cerutti Media Special
AGM Report
EMAIL: yungchief@yahoo.com

Nothing great was ever achieved without enthusiasm’’ is a statement of fact, first
revealed to the global market by the great American philosopher, Sir Ralph
Waldo Emerson
Now, as if
taking practical lesson from that quote, one of Nigeria’s leading insurance
brand, Custodian and Allied Plc have refused to look at the   tough state of economy in the land as a
yardstick for giving excuses, rather, in spite of harsh economic climate of 20
14, the company did not only survive but advanced rapidly in all
area of her business involvement
An excited Chairman of the group, Chief Ade Ojo
confirmed during the recently held 20th Annual General Meeting that the group’s
revenue grossed the N25 BN benchmark for the first time ever, while revealing
that its profit before tax rose by an incredible margin by 18.73 per cent to
N5. 1bn, just as the earnings per share rose by 11 to 70k
According to Chief Ade Ojo, in all a total
dividend of 18k was paid to its shareholders in last years financial period,
while an interim dividend of 6k per share was paid in September 2014 subject to
year approved proposed-by board of directors- the payment of an additional 12k
per share as a final dividend, thus making a total dividend of 18k per share in
the 2014 financial account, thereby making all her shareholders to smile home
with massive profit during the year
For an organization to match words by her deeds
is no doubt  a fit worthy of commendation
and emulation, and that is what Custodian and Allied Plc deserves .Here is few
fact about the body that recently smiled home with massive profit
ABOUT
CUSTODIAN AND ALLLIED Plc.

Custodian
and Allied Plc. (CA Plc) is a holding company with leading specialist
companies and brands including Custodian and Allied Insurance Limited,
Custodian Life Assurance Limited, Custodian Trustees Limited and Crusader
Sterling Pensions Limited; all rendering best in class services in its
versatile fold.

CA Plc. is managed by a Board comprising thoroughbred professionals with proven
track records in their various fields of endeavor, who bring broad and deep
insights derived from several years of fruitful and eventful years of
experience to bear.

Currently, with the Custodian Group assets in excess of N48billion and a gross
written premium of over N11.5billion, the group sits comfortably within the top
bracket of eminent players in Nigeria’s other financial services sector.

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