AIICO INSURANCE PLC Lagos: 31 December 2023
THE BOARD'S ANNUAL WORK PLAN
AIICO Insurance Plc (otherwise referred to as "the Company") wishes to inform the Nigerian Exchange Limited (NGX) and its shareholders of the Board's annual work plan. The annual plan ensures that the board covers all the necessary areas of its work during the year.
The agenda will also note for the board's information other key dates such as national championships, annual awards dinner etc.
The plan should include;
- The AGM and any board time needed for preparation
- Key dates in the CEO's performance appraisal cycle
- Strategy review sessions
- Board succession information; retirement dates, recruitment cycle etc.
- Any key stakeholder engagement dates
- Committee meeting and reporting back dates
- Annual report sign off date
- Ongoing policy review dates
- Board review and development dates
The template is indicative only. Board would decide what should be included.
January | February | March | |||||
23rd | -25th | TBD | Tentatively | 20th TBD | |||
Board meeting | |||||||
• | Quarterly CEO's Report | Board meeting | Board Training | ||||
• | Quarterly policy review | • Approval of Audited Financial | |||||
• | Discussion | on Annual | |||||
Statement (AFS) for the year | |||||||
strategic retreat | |||||||
ended 31 December 2023, | |||||||
• | Governance | development | • 2023 Annual Report sign off | ||||
update | date | ||||||
• | Annual General | Meeting | |||||
(AGM) proposed date |
April | May | June | |
23rd - 25th | TBD | TBD | |
Board meeting | • | AGM activities. | • Board Training |
• Quarterly CEO's Report | • | Board training Activities | |
- Quarterly policy review
- Strategy
- Governance development update
-
Remuneration, Nomination &
Corporate Governance Committee to meet
July | August | September | |||||
23rd - 25th | TBD | ||||||
Board meeting | • | AGM preparation | TBD | ||||
• | Quarterly CEO's Report | Board Training | |||||
• | Board training Activities | ||||||
• | Quarterly policy review | ||||||
• | Strategy | ||||||
• | Governance | development | |||||
update | |||||||
October | November | December | |||||
22nd - 24th | TBD | ||||||
Board meeting | |||||||
• | Quarterly CEO's Report | • | Board Evaluation | ||||
• | Quarterly policy review | • | Corporate | Governance | |||
• | Strategy | Assessment | |||||
• | Governance | development | |||||
update | |||||||
• | Remuneration, Nomination & | ||||||
Corporate | Governance | ||||||
Committee to meet. | |||||||
For AIICO Insurance Plc
Donald KANU, PhD.
Company Secretary
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Disclaimer
AIICO Insurance plc published this content on 27 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 December 2023 07:37:40 UTC.
