Annual General Meeting Resolutions of LASACO Assurance Plc – Summary of Key Decisions
On October 25, 2024, LASACO Assurance Plc held its Annual General Meeting (AGM) in Lagos, Nigeria, where the following resolutions were passed:
1. Approval of Audited Financial Statements
The Audited Financial Statements for the year ending December 31, 2023, along with the reports from the Audit Committee and Independent Auditors, were reviewed and approved.
2. Re-election of Otunba Akinsanya Doherty
Otunba Akinsanya Doherty, a director over the age of 70, was re-elected to the Board by a Special Notice, recognizing his ongoing contributions to the company.
3. Remuneration for External Auditors
The AGM approved the remuneration of BDO Professional Services, who were reappointed as the company’s External Auditors.
4. Election of Statutory Shareholders’ Audit Committee Members
The following individuals were elected to the Statutory Shareholders’ Audit Committee:
• Mr. Matthew Akinlade
• Mr. Samson Olagoke
• Mrs. Adijat Olatokunbo Adenike
Additionally, Otunba Akinsanya Doherty was appointed to represent the Board on this committee.
5. Disclosure of Managers’ Remuneration
The company disclosed the remuneration of its management team in line with corporate governance requirements.
Special Business: Approval of Non-Executive Directors’ Remuneration
The remuneration package for Non-Executive Directors was reviewed and approved.
These resolutions support LASACO Assurance Plc’s continued focus on strong governance, transparency, and accountability.
On October 25, 2024, LASACO Assurance Plc held its Annual General Meeting (AGM) in Lagos, Nigeria, where the following resolutions were passed:
1. Approval of Audited Financial Statements
The Audited Financial Statements for the year ending December 31, 2023, along with the reports from the Audit Committee and Independent Auditors, were reviewed and approved.
2. Re-election of Otunba Akinsanya Doherty
Otunba Akinsanya Doherty, a director over the age of 70, was re-elected to the Board by a Special Notice, recognizing his ongoing contributions to the company.
3. Remuneration for External Auditors
The AGM approved the remuneration of BDO Professional Services, who were reappointed as the company’s External Auditors.
4. Election of Statutory Shareholders’ Audit Committee Members
The following individuals were elected to the Statutory Shareholders’ Audit Committee:
• Mr. Matthew Akinlade
• Mr. Samson Olagoke
• Mrs. Adijat Olatokunbo Adenike
Additionally, Otunba Akinsanya Doherty was appointed to represent the Board on this committee.
5. Disclosure of Managers’ Remuneration
The company disclosed the remuneration of its management team in line with corporate governance requirements.
Special Business: Approval of Non-Executive Directors’ Remuneration
The remuneration package for Non-Executive Directors was reviewed and approved.
These resolutions support LASACO Assurance Plc’s continued focus on strong governance, transparency, and accountability.