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Goldlink Insurance Board Dissolved

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National Insurance Commission () on Thursday dissolved James Olatunde Ayo, seven-man led of Insurance Plc.

The Commission further reconstitute a three man management to oversee the affairs of the Company in the next six months.

Alhaji was appointed as the chairman of the new interim board, while Mr. Olanrewaju Suleiman will be part of the team.

took over the management of the company in November 1, 2012, following the discovery of anomalies in the audited financial statements of the company for the year ended December 31, 2011.

The interim board was charged with the responsibility of carrying out full investigation of the financial reports and corporate governance failures.

 

 

 

Source: The Punch

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