CIC Insurance Group Plc has issued a notice to shareholders of an upcoming Annual General Meeting(AGM) to be held electronically.
The AGM will be held on Friday 13th May 2022 at 10.00 am to transact several businesses, including adopting the Annual Report and Financial Statements for the year ended 31st December 2021 together with the Directors’ and Auditors Reports thereon.
To note that the Directors do not recommend the payment of a dividend for the year ended 31st December 2021.
Shareholders will also re-appoint Rogers Kinoti as a Director after being appointed by the Board on 1st July 2021 to fill a casual vacancy.
Peter Nyigei retires by rotation under Article 127 of the Company’s Articles of Association and, being eligible, offers himself for re-election.
Gordon Owuor retires by rotation under Article 127 of the Company’s Articles of Association and, being eligible, offers himself for re-election.
Rosemary Githaiga retires by rotation under Article 127 of the Company’s Articles of Association and, being eligible, offers herself for re-election.
Under the provisions of section 769 (1) of the Companies Act 2015, the following Directors, being members of the Audit Committee of the Board, be elected to continue serving as members of the said Committee.
They are Julius Mwatu, Peter Nyigeia and Judith Oluch.
The AGM will also receive, consider and, if thought fit, appoint PriceWaterhouseCoopers, Certified Public Accountants, having expressed their willingness to continue in office as auditors of the company.
Registration for the AGM opens on 21st April 2022 at 9:00 am and will close on Wednesday, 11th May 2022 at 5.00 pm.
The AGM will be streamed live via a link provided to all shareholders who will have registered to participate in the general meeting.
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