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.
more recommended stories
The Inspiring Growth of FBNQuest Trustees in 40 Years
For the past 40 years, FBNQuest.
Weaker Naira, Oil Price Too Risky for Access Bank
By Dipo Olowookere One of the.
Stanbic IBTC Lists New 232.9 Million Shares on NSE
By Dipo Olowookere Additional 232,899,013 ordinary.
SEC Orders Registrars to Pay Defunct Afribank Shareholders
By Modupe Gbadeyanka A directive has.
Zenith Bank Gets Offers to Buy Back $392.6m Eurobonds
By Dipo Olowookere On Wednesday, September.
Stanbic IBTC Pegs Scrip Dividend Allotment Price at N35.86
By Dipo Olowookere Last month, the.
Stanbic IBTC Begins Campaign for *909# USSD Code
An Integrated Marketing Campaign (IMC) to.
How to Lock Your GTBank Account with 737
By Modupe Gbadeyanka One of the.