Coronation Insurance Plc AGM 2026: Key Resolutions Passed

Coronation Insurance Plc (NGX: WAPIC) convened its 68th Annual General Meeting virtually on Thursday, September 24, 2026, at 10:00 a.m., with nine resolutions passed by shareholders.

Under ordinary business, shareholders received the audited financial statements for the year ended December 31, 2025, alongside reports from the Directors, Auditors, Board Evaluation Consultants, and Audit Committee. Two board members — Mr. Olusegun Ogbonnewo as Non-Executive Director and Mrs. Titilayo Osuntoki as Independent Non-Executive Director — were re-elected after retiring by rotation.

Ernst & Young was re-appointed as external auditors to serve until the conclusion of the next AGM, with directors authorised to fix their remuneration for the year ending December 31, 2026. The remuneration of the company's managers, as disclosed in the annual report, was noted by shareholders. Five members were confirmed to the Statutory Audit Committee, comprising three shareholders' representatives and two board nominees.

Under special business, shareholders granted the company a General Mandate covering recurrent related-party transactions of a revenue or trading nature necessary for day-to-day operations, valid until the next AGM. Directors were also authorised to engage an independent consultant for the 2026 Annual Board Performance Appraisal. The filing was signed by Company Secretary Mary Agha.