Shareholders of Anchor Insurance Company has approved the appointment of Dr. Elijah Akpan as Chairman of Board of Directors following the resignation of Chief Senas Ukpanah.
The shareholders gave their approval during the company’s 25th Annual General Meeting at held recently at Le’Meridian Hotel & Resort, Akwa Ibom State.
The Annual General Meeting was preceded with a Board meeting on 23rd October, 2015 during which the resignation of two Directors were announced involving Chief Senas Ukpanah, OFR and Mr. Samuel Inyang.
The Chairman in his acceptance speech expressed his gratitude to the shareholders for electing him as a Director and the Chairman of the company and further pledged his unwavering support and dedication in making the company an insurance company of choice in the country.
He further thanked the Directors for their tireless efforts and the good works done over the years. His appreciation also went to the members of staff who had been very loyal and dedicated to the brand over the past 25 years.
The Managing Director, Mr. Mayowa Adeduro, while welcoming the new Chairman , appreciated him for his expression of gratitude and his assuring words of total support and dedication towards the continuous growth of the Company.
He further thanked the Board for instituting robust and well guided corporate governance that aided the Executive Management in the day to day running of the company. He stated that, the company had remained profitable in the last 5 years, consistently declaring profit and paying dividends to shareholders while also meetings its claims obligations as at and when due.
He said that, the company is fast expanding and reaffirms its commitment in bringing insurance to the door step of every household vis a vis her innovative products such as AUTOEASY Insurance, Loss of Employment Insurance, various Micro insurance policies and a lot more.