Insurance

Shareholders give NAICOM 90 days to reconstitute board of Goldlink Insurance

1122-NAICOM-Logo

Leave a comment

Chuks Udo Okonta

Shareholders of Goldlink Insurance Plc, today, gave the National Insurance Commission (NAICOM) 90 days to reconstitute the board of the company to reflect the investors.

The directive was given at the company’s annual general meeting in Lagos. It was unanimously supported by the shareholders who claimed unfair treatment as they are not represented at the board.

The Coordinator, Independent Shareholders Association of Nigeria (ISAN) Sir Sunny Nwosu, said the directive should be implemented within 90 days to salvage the company.

Recalled that NAICOM took over the management of the firm to pave way for effective management and reposition, having accused the former board of unethical practices.

Leave a Comment

Your email address will not be published. Required fields are marked *

*