360 Data
Back to disclosures
press-release
2018EC

Call for Nominations of Candidates for the Board of Directors

Oromia Insurance Company S.C.
Disclosure summary

Amharic newspaper notice from the board of directors nomination and appointment committee of Oromia Insurance (S.C.), elected by the shareholders' general meeting under article 6.1.4 of NBE Insurance Corporate Governance Directive No. SIB/48/2019, inviting shareholders to submit nominations of candidates for the board of directors from Sene 24, 2018 E.C. (1 July 2026) until Meskerem 19, 2019 E.C. The notice lists twelve eligibility criteria to be met by nominees - including a first degree in a relevant field and at least 30 years of age, a clean record with no conviction for breach of trust, at least five years of senior management experience in insurance, banking, finance, accounting, auditing, economics, law, engineering, business management, IT, actuarial science, investment management or a related field, membership of no other insurer's or bank's board, financial soundness with no non-performing loan, and that at least one third of the seats are reserved for candidates nominated by shareholders holding less than 2% of the shares - together with the three channels for submitting nomination forms (the head office board secretariat on the 1st floor, any branch, or the committee's email address [email protected]) and three cautions on incomplete or duplicate submissions. Published in The Reporter, Wednesday Sene 24, 2018 E.C. (1 July 2026), page 31, issue 2731; the newspaper masthead date is the basis for the date shown. The source file is a PNG image published on the company's notices page (https://www.oromiainsurance.com/assets/img/Boardearep.png), converted to PDF without cropping or alteration.

Disclosure details
Type
press-release
Fiscal year
2018EC
Published
Language
አማርኛ
Pages
1
File size
820 KB
Source checked