AIICO Insurance AGM 2026: Dividend, Directors & Auditor
AIICO Insurance Plc held its 56th Annual General Meeting on June 6, 2026, at The Muson Centre, Lagos, passing six resolutions covering financials, dividends, board changes, and audit appointments. The company filed the resolutions with the exchange on June 8, 2026.
AIICO Insurance Plc convened its 56th Annual General Meeting on Friday, June 6, 2026, at The Muson Centre, Onikan, Lagos, where shareholders passed six resolutions.
The meeting adopted the audited financial accounts for the year ended December 31, 2025, including the Directors' and Auditor's reports. A dividend of 12 kobo per share was approved, amounting to ₦4,392,633,121.44 in total, subject to withholding tax. The dividend was payable to shareholders whose names appeared on the register as of May 28, 2026.
On board composition, two directors — Mr. Raimund Snyders and Mrs. Oluwakemi Adewole — were re-elected, while three new directors were elected: Mr. Sadiq Mohammed, Mr. Tunde Mabawonku, and Mrs. Rolake Akinkugbe-Filani.
Messrs. Ernst & Young Professional Services were re-appointed as the company's external auditor, with remuneration to be fixed by the board. Three shareholders' representatives and two board representatives were also elected to the Statutory Audit Committee. As special business, the Non-Executive Directors' remuneration for the period ended December 31, 2025 was approved by members.
