By InvestAdvocate

Lagos (INVESTADVOCATE)- Insurer,  AIICO Insurance Plc said on Wednesday its shareholders has approved the appointment of Tunde Fajemirokun as director to the board of the company.

The endorsement of Fajemirokun as director of AIICO came at the company’s 45th Annual General Meeting (AGM) held on June 22 2015, the insurer said in an issuer’s announcement with the Nigerian Stock Exchange (NSE).

Also, the shareholders approved the resignation of Adenike F. Koumpatis from the board effective June 7, 2015.

Share price of AIICO grew by 2.08 percent at the end of today’s session on the Nigerian bourse, as it opened 0.96 kobo and closed 0.98 kobo; gaining 0.02 kobo per share.