Search
Close this search box.

Notice of 49th Annual General Meeting

Sterling Bank
Published: April 28, 2011

Share this post ūüĎáūüŹĹ

Facebook
Twitter
LinkedIn

NOTICE OF ANNUAL GENERAL MEETING

NOTICE  IS HEREBY GIVEN that  the 49th Annual General Meeting of Sterling Bank Plc will be held at Golden Gate Complex, 25B, Glover Road,  Ikoyi, Lagos on Tuesday, the 31st day of May 2011 at 11.00 a.m. to transact the following business:

ORDINARY BUSINESS:

1. To receive the Audited  Financial Statements for the period ended 31st  December 2010, together with the Reports of the  Directors, Auditors and the Audit Committee thereon.
2. To elect/  re-elect Directors.
3. To approve the remuneration of the Directors.
4. To authorize the Directors to fix the remuneration of the Auditors.
5. To elect members of the Audit Committee.

SPECIAL BUSINESS:

To consider and  if  thought  fit  to pass  the  following as a Special Resolution:
6. ‚ÄúThat pursuant to the Articles of Association of the Company, Messrs¬†Ernst & Young be appointed as Auditors of ¬†the Company ¬†in place¬†of Messrs KPMG Professional Services who have indicated that they¬†will not continue in office as Auditors having served the mandatory¬†ten ¬†(10) years ¬†stipulated by ¬†the Central Bank of Nigeria Guidelines‚ÄĚ
NOTES:

SPONSORED

Ad
1. PROXY
A member entitled to attend and vote at the General Meeting is entitled to appoint a proxy to attend and vote in his/her stead. A proxy need not be a member of the Company.  To be valid,  the Proxy form must be duly stamped at the Stamp Duties office and returned to the Registrar, Sterling Registrars Limited, Akuro House (8th floor), 24, Campbell Street, Lagos not less than 48 hours prior to the time of the meeting.
2. AUDIT COMMITTEE
The Audit Committee consists of three Shareholders and three Directors. In accordance with section 359(5) of the Companies and Allied Matters Act 1990, any shareholder may nominate a shareholder for appointment to the Audit Committee by giving notice in writing of such nomination to the Company Secretary at least twenty-one (21) days before the Annual General Meeting.
The Central Bank of Nigeria in its Code of Corporate Governance for banks stipulates that members of the Audit Committee should be knowledgeable in internal control processes.
BY ORDER OF  THE BOARD
Justina Lewa
Company Secretary
20 Marina
Lagos

Share this post ūüĎáūüŹĹ

Facebook
Twitter
LinkedIn
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Suggested Reads

Subscribe to Newsletter

Be the first to know when we publish new content! Join the Newsletter today.

0
Would love your thoughts, please comment.x
()
x

*Showing only the top 5 results.

Position Username Points
1st
yuyu.odukoyas FB
100
2nd
jo.bug IG
92
3rd
lisa.m X
92

We are still collecting gems. Please check back later. 

Interested in investing in Nigeria? Please fill the form below and we’ll reach out to you.

HOW TO PLAY

  • Provide your contact details for win notifications.
  • Click "Spin" to start the wheel. Cross your fingers for an "EDF Ticket" win, or try again if it lands elsewhere!
Spin the wheel!
whatsapp