Coronation Insurance Plc has announced that its 68th Annual General Meeting (AGM) will hold virtually on Thursday, September 24, 2026, at 10:00 a.m.
The meeting, which will be held virtually from the Company’s Head Office, will provide shareholders with an opportunity to consider the Company’s audited financial statements for the financial year ended December 31, 2025, alongside the reports of the Directors, External Auditors, Board Evaluation Consultants and Audit Committee.
Among the key items on the agenda is the proposed re-election of Mr. Olusegun Ogbonnewo as a Non-Executive Director and Mrs. Titilayo Osuntoki as an Independent Non-Executive Director.
Shareholders will also consider the re-appointment of the Company’s External Auditors and authorise the Directors to determine the auditors’ remuneration for the 2026 financial year.
In line with the provisions of the Companies and Allied Matters Act (CAMA) 2020, the meeting will also consider the disclosure of the remuneration of the Company’s managers and the election or re-election of members of the Statutory Audit Committee.
The AGM will further consider a special business resolution seeking approval for a General Mandate for recurrent transactions involving related parties or interested persons. The mandate, if approved, will cover transactions that are revenue or trading in nature or are necessary for the Company’s day-to-day operations, in compliance with the Rules of the Nigerian Exchange Limited governing transactions with Related Parties or Interested Persons.
The proposed mandate will take effect from the date of its approval and remain valid until the conclusion of the Company’s next Annual General Meeting.
Shareholders will also be asked to authorise the Board to appoint an external consultant to conduct the Annual Board Performance Appraisal for the financial year ending December 31, 2026, as part of the Company’s commitment to strong corporate governance and continuous Board effectiveness.
The AGM forms part of Coronation Insurance’s broader commitment to transparency, accountability and effective engagement with its shareholders and other stakeholders.
Further details on participation in the virtual meeting and other AGM-related information will be provided to shareholders in accordance with applicable regulatory and statutory requirements.
