SOVRENINS Notifies NSE of Changes in top Management Positions


Monday, January 04, 2015 10:12 AM / NSE 


We acknowledge receipt of your letter dated December 10, 2015 in respect of the above.


We have noted your observation in respect of the Personal History Statement (PHS) forms relating to our new Executive Directors which would be duly completed and re-submitted shortly.


We wish to clarify that the Board has appointed an Independent Director, Col. Musa Shehu (Rtd.) and ratify by Shareholders at our 2011 Annual General Meeting. Please find attached extract of Board Chairman’s statement and identify of the Independent Director in the annual report & accounts.


Please also be informed that Mr. Samuel Ogbodu, who is retiring, is not the Company’s Chief Compliance Officer and find attached copy of letter to the Commission of our designated officer in this regard.


It has always been our established practice to comply with the regulations in the various jurisdictions in which we operate, particularly with the circulars and operational requirements of the Commission in a responsive manner.


We trust that the above will satisfy your enquiry on the subject matter.


Thank you for your continued support and cooperation. 

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