Veritas Kapital Assurance AGM 2026: Key Resolutions Passed

Veritas Kapital Assurance Plc (VERITASKAP) held its 49th Annual General Meeting virtually via its website on Friday, 16th October 2026, at 11:00 am. The company filed the resolutions passed at that meeting with the exchange on 19th October 2026.

On ordinary business, shareholders received the audited financial statements for the year ended December 31, 2025, along with reports from the directors, auditor and audit committee. Directors were authorised to fix the remuneration of the external auditors, Messrs Ernest and Young.

Three shareholders' representatives were elected to the Statutory Audit Committee for the 2026 financial year: Mr. Olusegun James Akintunde, Mal. Usman Abaji and Mal. Muhammed B. Alhassan. Two non-executive directors, Mr. Emmanuel Etuh and Mr. Paul Oki, were nominated to represent the board on that same committee.

Three non-executive directors retired by rotation and were re-elected: Mr. Babatunde Irukera, Mr. Paul Oki and Mr. Emmanuel Etuh.

On special business, non-executive directors were authorised to fix their own remuneration for the year ending 31st December 2026. Shareholders also approved the appointment of Planet Governance Advisory Limited as the company's board evaluation consultant.