AIICO appoints new non-executive director amid eligibility concerns over past deals

By Segun Elijah WorldStage— AIICO Insurance Plc, the largest retail life insurer in Nigeria, announced May 25 the appointment of three new non-executive directors(NEDs), one of them an independent NED who might not be exactly so. And that is in violation of Nigeria’s code of corporate governance. Section 7.2.5 of the NCCG 201 8 states: … Continue reading AIICO appoints new non-executive director amid eligibility concerns over past deals