Mutual Benefits Assurance Plc set to hold 25th General Meeting on July 29.

The Board of Mutual Benefits Assurance Plc has announced that it will be hosting its 25th Annual General Meeting on the 29th of July, 2021.

According to a notice issued and signed by the company’s secretary, Jide Ibitayo, the meeting will be held at Radisson Hotel, GRA Ikeja-Lagos by 10:00am on the aforementioned date.

Some of the key issues that will be discussed include;

  • The audited financial statement for the year ended December 31, 2020, and the report of its Directors, auditor, and the audit committee.
  • Board appointments will also be considered and ratified.
  • To fix remuneration of managers and Directors in FY 2021.
  • To elect shareholders’ representatives of the statutory audit committee.

What you should know:

  • Mutual Benefits Assurance Plc had earlier reported a profit after tax of N5.11 billion in FY 2020, indicating an increase of about 41% when compared with FY 2019 figures.
  • In line with CAC guidelines, attendance at the AGM will be by proxy. Sequel to this, a list comprising of six (6) representatives authorized to represent shareholders, have been made available.
  • Register of Members will be closed from 19th-23rd of July, 2021 to enable the Registrar prepare for the Annual General Meeting.
  • The link for the Annual General Meeting will be made available on the company’s website:


For more information about the AGM, click HERE.



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