Prestige Assurance Plc has announced the retirement of Mr Gopalan Raghu from its Board as a Non-Executive Director, effective from 28th of April, 2021.

This is according to a disclosure signed by the Acting Secretary of the company, Chidinma Ibe-Louis, which reads: ‘’Prestige Assurance Plc (the Company) wishes to inform the Nigerian Exchange Limited (NGX), its shareholders and investing public that Mr Gopalan Raghu, a Non-Executive Director of the company, has retired from the Board, effective 28th April, 2021.’’

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What you should know:

  • Mr Raghu is a Chartered Accountant and an Associate of Company Secretaries, India. He holds a Bachelor of Science degree from Loyola College, Madras, India.
  • Mr Raghu is a Director of various companies including; J. T. Chanrai & Co (PH) Ltd, Woollen & Synthetics Textile Mfg. Co Ltd, Standard Biscuits Nig. Ltd, Agro Products Nig. Ltd and Polythene Enterprises Nig. Ltd and a Trustee of Indian Language School, Lagos.
  • He was appointed into the Board of Prestige Assurance Plc on 12th of April, 2012. He also served as a member of the Establishment and Governance Committee, and Finance and Investment Committee until his retirement.
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Meanwhile, Prestige Assurance Plc last traded its shares on the floor of the Nigerian Exchange Limited (NGX) at N0.46 per share.

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