Sovereign Trust Insurance Plc, has October 22, 2020, as the D Day for its 25th annual general meeting, having received all approvals for its 2019 annual reports and accounts from the National Insurance Commission, and the Nigerian Stock Exchange respectively.
The meeting place this year shifts to Bay Lounge Hall, Block 12A, 10, Admiralty Road, Lekki, Phase 1, Lagos; and it will follow the federal and state government directives on restriction of gatherings of large number in curbing the spread of the Covid-19 pandemic, majority of the shareholders will be participating online via a link on the company’s website on www.stiplc.com with the exception of the approved proxies of the shareholders.
The chief spokesperson of the company, Mr. Segun Bankole, who shared this with the media during the briefing on the preparation for the annual general meeting, said the company showed great resilience amidst the various challenges that characterised the operating environment in the year 2019.
He said there is every reason to be appreciative to all the shareholders and customers of the organisation who had shown great level of commitment and patronage to the company since inception 25 years ago. He emphasised that this year’s meeting is a remarkable one as the company celebrates her 25th anniversary in the insurance industry in Nigeria.
Amidst the vicissitudes of 2019, the company ended the financial year under review with a great sense of optimism that the days ahead will continue to look brighter and better.