By Dipo Olowookere
Nigerian mid-tier lender, FCMB Group Plc, has fixed Friday, April 27, 2018, for its 5th Annual General Meeting (AGM). The event is scheduled to take place at the Shell Hall, MUSON Centre, Onikan, Lagos at 11am.
During the meeting, shareholders of the financial institution will approve the payment of dividend earlier proposed by the board of the bank.
A statement signed by the Company Secretary, Mrs Funmi Adedibu, disclosed that at the AGM, participants would receive and consider the Report of the Directors and the Audited Financial Statements for the year ended December 31, 2017, the Auditors’ Report thereon and the Audit Committee Report.
Furthermore, they will approve the appointment of Directors, re-elect Directors, who are retiring from their present positions.
In addition, the shareholders will approve the remuneration of Directors and authorise the Directors to fix the remuneration of the Auditors.
Lastly, they will elect members of the Audit Committee of the lender.
According to Mrs Adedibu, the directors to be approved by the shareholders are Mr Oladipupo Jadesimi and Mrs Olapeju Sofowora.
She also said the retiring directors to be re-elected are Mr Olutola Mobolurin, Prof Oluwatoyin Ashiru, and Dr Gregory Ero.
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