Prestige Assurance Plc gets new Director.

Prestige Assurance Plc has announced the appointment of Mrs Rekha Gopalkrishnan into its Board as a Non-Executive Director, with effect from September 13, 2021. The appointment has been ratified by the National Insurance Commission (NAICOM).

This is according to a notice issued by the Insurance firm, which partly reads: ‘’Prestige Assurance Plc (the Company) wishes to inform the Nigerian Exchange Limited (NGX), its shareholders and the investing public that the National Insurance Commission (NAICOM) has approved the appointment of Mrs Rekha Gopalkrishnan as a Non-Executive Director with effect from September 13, 2021.’’

About Mrs Rekha Gopalkrishnan

Mrs Rekha Gopalkrishnan is an accomplished insurer and administrator with over 35 years of experience. She started her working career with The New India Assurance Company Limited, Mumbai in 1985, and worked in various capacities in the Divisional and Regional offices. Her services in the aforementioned firm cuts across technical and administrative functions, she was also in charge of the Reinsurance functions in 2010, having garnered international business exposures with expertise in arranging placements of the reinsurance programmes. She was later promoted to the rank of a General Manager, where she became responsible for corporate communication department, reinsurance, credit insurance, government audit, investment, foreign business department and internal audit portfolios with functions of financial advisor. In 2019, she was appointed as Nominee Director of Stock Holding by GIPSA.

Rekha holds a bachelor and Masters degrees in Commerce.

What you should know:

  • Prestige Assurance Plc is a subsidiary of The New India Assurance Company Limited, Mumbai and was founded in 1952, with its headquarters currently situated in Lagos, Nigeria. The Nigerian based insurance company provides non-life insurance services, some of its product offerings include; motor, marine, bond, engineering, fire, aviation, oil and gas, and general insurance. The insurance firm also provides all risk insurance and products for group personal accident, burglary, fidelity guarantee, workmen’s compensation, machinery breakdown, fire and allied perils, consequential loss insurance and liability insurance.
  • The insurance firm closed trading today 23rd of September, 2021 with a share price of 47 kobo per share.

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