Wapic Insurance Plc hereby informs The Nigerian Stock Exchange and the investing public of the resignation of Mr. Bababode Osunkoya and Mrs. Ifeyinwa Osime from the Board of the Company effective August 18, 2020.
Mr. Bababode Osunkoya was recently appointed as the Chairman Board of Directors of Wapic Life Assurance Limited where Mrs. Ifeyinwa Osime also serves as an Independent Non-Executive Director. These resignations are to enable both Mr. Bababode Osunkoya and Mrs. Ifeyinwa Osime adequately focus on their roles on the Board of Directors of Wapic Life Assurance Limited.
Mr. Bababode Osunkoya and Mrs. Ifeyinwa Osime joined the Board of Wapic Insurance Plc on January 1, 2013, and April 30, 2014, respectively and have during their tenures made strong contributions to the Company in its strategic planning and growth.
The Board of Directors and Management of Wapic Insurance Plc express their appreciation to Mr. Bababode Osunkoya and Mrs. Ifeyinwa Osime for the invaluable commitment, experience and insight which they brought to the Board deliberations.
