SUNU Group Attributes 2024 Performance to Founder’s Legacy
SUNU Group, the parent company of SUNU Assurances Nigeria, has credited its impressive performance on the Nigerian Exchange Limited (NGX) in 2024 to the legacy of its late founder, Mr. Pathé Dione.
SUNU’s Strong Market Performance
The Managing Director of SUNU Assurances Nigeria PLC, Mr. Samuel Ogbodu, made this known on Wednesday in Lagos during a memorial event marking the second anniversary of Mr. Dione’s passing.
According to The PUNCH, SUNU Assurances was one of the best-performing stocks on the NGX in 2024, recording a remarkable 581% year-to-date gain as of December 20. It was the top performer in the insurance sector and the second-best-performing stock on the Nigerian stock market overall.
Commemorating the Founder’s Legacy
To honor Mr. Dione’s contributions, SUNU Group organized religious ceremonies across the 17 countries where it operates, including the Republic of Benin, Burkina Faso, and Cameroon. These events were held to highlight his dedication to African development.
Speaking about the late founder’s influence, Mr. Ogbodu stated:
“Mr. Dione’s legacy is deeply ingrained in the DNA of SUNU Group. We are committed to honoring his memory by continuing to build on the strong foundation he laid and striving to achieve the ambitious goals he envisioned for the Group.”
A Governance Structure Built to Last
Ogbodu emphasized that Mr. Dione had established a robust governance structure before his passing, ensuring the company’s continued success. He noted:
“The founder was a person of governance, so he put all the structures in place before his death. As a result, his absence has not negatively impacted the Group’s performance. In fact, we did better last year than when he was around.
We were the highest-growing stock on the NGX. The entire team is driven by the commitment to make him proud, and his vision continues to motivate us. He provided career growth opportunities for all of us, and we must not disappoint him.”
Memorial Services in Nigeria
In Nigeria, a Koranic reading was held at the NTA Mosque, Ahmadu Bello Way, Victoria Island, Lagos, while a Catholic Mass was held at the Divine Physician and St. Luke’s Catholic Chaplaincy, LUTH, Idi-Araba, Lagos.
The memorial events provided an opportunity for SUNU Group employees, partners, and the general public to reflect on Mr. Dione’s life and achievements.
A Founder Who Inspired Many
At the commemorative service, the Managing Director of SUNU Health Nigeria Limited, Dr. Patrick Korie, paid tribute to Mr. Dione, describing him as:
“More than just a founder—he was a mentor and an inspiration to all of us at SUNU Group. His unwavering belief in African entrepreneurship and commitment to social responsibility continue to guide our actions and push us to strive for excellence.”
SUNU Group remains committed to upholding Mr. Dione’s vision and expanding his legacy across Africa.
SUNU Group, the parent company of SUNU Assurances Nigeria, has credited its impressive performance on the Nigerian Exchange Limited (NGX) in 2024 to the legacy of its late founder, Mr. Pathé Dione.
SUNU’s Strong Market Performance
The Managing Director of SUNU Assurances Nigeria PLC, Mr. Samuel Ogbodu, made this known on Wednesday in Lagos during a memorial event marking the second anniversary of Mr. Dione’s passing.
According to The PUNCH, SUNU Assurances was one of the best-performing stocks on the NGX in 2024, recording a remarkable 581% year-to-date gain as of December 20. It was the top performer in the insurance sector and the second-best-performing stock on the Nigerian stock market overall.
Commemorating the Founder’s Legacy
To honor Mr. Dione’s contributions, SUNU Group organized religious ceremonies across the 17 countries where it operates, including the Republic of Benin, Burkina Faso, and Cameroon. These events were held to highlight his dedication to African development.
Speaking about the late founder’s influence, Mr. Ogbodu stated:
“Mr. Dione’s legacy is deeply ingrained in the DNA of SUNU Group. We are committed to honoring his memory by continuing to build on the strong foundation he laid and striving to achieve the ambitious goals he envisioned for the Group.”
A Governance Structure Built to Last
Ogbodu emphasized that Mr. Dione had established a robust governance structure before his passing, ensuring the company’s continued success. He noted:
“The founder was a person of governance, so he put all the structures in place before his death. As a result, his absence has not negatively impacted the Group’s performance. In fact, we did better last year than when he was around.
We were the highest-growing stock on the NGX. The entire team is driven by the commitment to make him proud, and his vision continues to motivate us. He provided career growth opportunities for all of us, and we must not disappoint him.”
Memorial Services in Nigeria
In Nigeria, a Koranic reading was held at the NTA Mosque, Ahmadu Bello Way, Victoria Island, Lagos, while a Catholic Mass was held at the Divine Physician and St. Luke’s Catholic Chaplaincy, LUTH, Idi-Araba, Lagos.
The memorial events provided an opportunity for SUNU Group employees, partners, and the general public to reflect on Mr. Dione’s life and achievements.
A Founder Who Inspired Many
At the commemorative service, the Managing Director of SUNU Health Nigeria Limited, Dr. Patrick Korie, paid tribute to Mr. Dione, describing him as:
“More than just a founder—he was a mentor and an inspiration to all of us at SUNU Group. His unwavering belief in African entrepreneurship and commitment to social responsibility continue to guide our actions and push us to strive for excellence.”
SUNU Group remains committed to upholding Mr. Dione’s vision and expanding his legacy across Africa.