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NEWS : Local News  

Sierra Leone News : RITCORP Managing Director Commended by Shareholders
By John Koroma
Jul 4, 2017, 17:00
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Shareholders of the Reliance Insurance Trust Corporation (RITCORP) at this year’s Annual General Meeting have expressed commendation over the administrative savvy of the Managing Director, Alice Onomake for bringing more successes in the company.

 

In an exclusive interview with Mr. Alimamy Wurie and Mr. Victor Wilson shareholders expressed similar sentiments that they have no doubt that the company is in good hands. Wilson added that amidst the economic challenges in the country during the year 2016, the RITCORP company could maintain its leadership position in the market. He went on to say that he enjoys the administrative skills displayed by the managing director and the entire staff for maintaining the standards of the company. He added that he hopes that the coming years business will develop and more companies will come to invest with RITCORP, that will make RITCORP more strong and reliable. He added that it no joke that the RITCORP company has good personnel to maintain the integrity of the company. “I am elated that she has a credible staff that is working with her and I am sure many of the shareholders think the same, because we receive our dividends,” he said.

 

The managing director, Alice Onomake said that she is very happy that shareholders are pleased with her for her relentless efforts she invested into the company without any blame. She added that she appreciated all the comments about the successes of the company and its staff and she went further that that has given them the unlimited space in the insurance environment of the country.

 

Mr. Gaiva Lavalie who was appointed as director said that he is very happy to be nominated and elected by members and he vouched that he will serve them diligently and contribute to the growth and development of the company and by so doing they hope to attract more customers in the insurance business and bring smile to the entire management of the company.

 

With all the challenges, the company faced due to the country’s economy slowdown that has gradually recovering from the twin shocks of the fall of the Iron Ore prices and the outbreak of Ebola, the RITCORP made a profit of Le 3, 450, 057,000 from Le 5, 818,211,000 in 2015.

 

The chairman claimed of RITCORP company said that at a board meeting held on 14th June 2017, they proposed that a dividend of Le 0.80 per share ranking for dividend as at 31 December 2016 be paid to all stakeholders.


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