Sovereign Trust Insurance

Adebayo Obajemu

Thursday, October 22, 2020 has been set as the date to hold the 25th Annual General Meeting of one of Nigeria’s prolific and fast growing Insurance Company, Sovereign Trust Insurance Plc, having been granted approvals for its 2019 Annual Reports and Accounts by the National Insurance Commission, NAICOM, and the Nigerian Stock Exchange, NSE, respectively. The Meeting this year, would be held at the Bay Lounge Hall, Block 12A, located on 10, Admiralty Road, Lekki, Phase 1, Lagos.

However, in line with the Federal Government and Lagos State directives on restriction of gatherings of large number in curbing the spread of the COVID-19 pandemic, majority of the Shareholders will be participating at this year’s Annual General Meeting of the Underwriting Firm 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 Organization, Mr. Segun Bankole shared this information recently in Lagos while briefing newsmen in preparation for the 25th Annual General Meeting of the Underwriting Firm.

The company, no doubt showed great resilience amidst the various challenges that characterized the operating environment in the year 2019. He said, there is every reason to be appreciative to all the Shareholders and customers of the Organization who had shown great level of commitment and patronage to the Company since inception 25 years ago. According to him, this year’s Annual General Meeting is a remarkable one as the Company celebrates her 251 h 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