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Article abstract
- Mrs. Christabel Onyejekwe has been appointed as a Non-Govt Director of Cornerstone Insurance coverage Plc. The appointment was topic to approval by Nationwide Insurance coverage Fee (NAICOM) and ratification by members at a common assembly.
- The insurance coverage agency closed its final buying and selling day (Friday, Might 5, 2023) at N0.65 per share on the Nigerian Inventory Alternate (NGX).
The Board of Administrators of Cornerstone Insurance coverage Plc has introduced the appointment of Mrs. Christabel Onyejekwe as a Non-Govt Director of the Firm.
This was contained within the firm’s discover to the Nigerian Alternate Restricted, obtained by Nairametrics.
In keeping with the assertion signed by the corporate’s administration, the appointment was topic to approval by the Nationwide Insurance coverage Fee (NAICOM) and ratification by members at a common assembly.
Profile of Christabel Onyejekwe
In keeping with the corporate, Mrs. Onyejekwe is a authorized practitioner, with a demonstrated historical past of working within the monetary providers trade.
She is a powerful enterprise growth skilled with coaching centered on Organizational Management from Harvard Enterprise Faculty.
Onyejekwe has over 35 years of labor expertise within the Nigerian monetary providers sector. She is presently an Govt Director with the Nigeria Inter-Financial institution Settlement System PLC (NIBSS PLC).
- “We belief that she’s going to make a big contribution to the corporate in her function as a Non-Govt Director of the Firm,” the corporate mentioned.
The administration famous that following the change, the Board of Cornerstone Insurance coverage Plc is now comprised of Mr. Segun Adebanji Chairman, Mr. Ganiyu Musa Managing Director/CEO, Mr. Steve Iwenjora Non-Govt Director, Ms. Elizabeth Amadiume Impartial Non-Govt Director, Dr. Ogechi Adeola Impartial Non-Govt Director, Mrs. Christabel Onyejekwe Non-Govt Director, Mr. Chidiebere Nwokeocha Govt Director, and Mr. Stephen Alangbo Govt Director.
What it is best to know
Cornerstone Insurance coverage Firm is listed on the Nigerian Inventory Alternate (NGX). The insurance coverage agency closed its final buying and selling day (Friday, Might 5, 2023) at N0.65 per share on the Nigerian Inventory Alternate (NGX). Cornerstone started the 12 months with a share worth of N0.60 and has since gained 8.33% on its valuation.
For the complete 12 months, the corporate reported a web revenue of N 2,530.72 million, in comparison with N 3,511.22 million a 12 months in the past. Primary earnings per share from persevering with operations had been N0.14, in comparison with N0.19 a 12 months in the past.
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