Get Guardian on GoogleRegency Alliance Insurance Plc has reaffirmed its commitment to sustainable growth and shareholder value creation, with plans to strengthen corporate governance and expand investor participation through the adoption of virtual and hybrid general meetings.
The Managing Director of the company, Bode Oseni, stated this at its 32nd yearly general meeting in Lagos, where shareholders reviewed the insurer’s performance for the financial year ended December 31, 2025, and considered resolutions on its governance structure and strategic direction.
The meeting brought together shareholders, members of the Board of Directors, management and other stakeholders to review the company’s affairs for the financial year ended December 31, 2025, and consider key resolutions aimed at strengthening its corporate governance framework and business operations.
A major highlight of the AGM was the consideration of the Directors’ Report and Audited Financial Statements for the 2025 financial year, alongside the reports of the external auditors and Audit Committee.
Shareholders also deliberated on the re-election of retiring directors, directors’ remuneration, the appointment of external auditors and the election of members of the Audit Committee, reflecting the company’s continued emphasis on accountability, transparency and effective oversight.
Another significant development was the proposed amendment to the company’s Articles of Association to accommodate virtual and hybrid general meetings.
The proposed amendment is expected to provide greater flexibility in shareholder participation, improve accessibility and leverage technology to strengthen engagement between the company and its investors.
Oseni reiterated the company’s commitment to delivering sustainable value to shareholders while upholding the highest standards of professionalism, accountability and service excellence.
He emphasised the importance of maintaining strong stakeholder relationships and pursuing business strategies that support the company’s long-term growth objectives.
The AGM also provided a platform for shareholders to engage with the Board and management on the company’s governance practices, operational priorities and positioning within Nigeria’s evolving insurance industry.
Insurer commits to growth, improved corporate governance
