Regency Alliance Insurance Plc Appoints 3 New Directors
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The company has been in operation since 1994 as a private company. We are drawing from technical expertise and knowledge of both local and international markets acquired over the past two decades. Early in 2007, three other strong insurance brands merged with us making us a more formidable force and leading player in Nigeria’s Insurance Industry.
We reached a milestone in 2008 when we became part of the league of Publicly Quoted Companies. This is aimed at broadening our ownership structure and expanding our operations. As a public quoted company, we are also able to increase our capacity for insuring volatile risks. We are expanding our operations to some African countries through formation of Subsidiaries aiming to unify and expand the regional insurance market.
The management of Regency Alliance Insurance Plc (‘’Regency’’ or ‘’the Company’’) has notified the investing community through The Nigerian Stock Exchange that the Board of Directors at its meeting of November26, 2015 approved the appointment of the following persons “Clem Omeiza Baiye, Osayaba Matt Aikhionbare, and Col. Isa Aminu Kontagora” as Non-Executive Directors of the Company effective 01 January 2016.
The company also stated that all above mentioned appointments are awaiting approval of the National Insurance Commission (NAICOM) as a regulatory body of industry.
