By InvestAdvocate

Lagos (INVESTADVOCATE)-Insurer, International Energy Insurance Plc (IEI) said on Tuesday it has relieved Roseline Ekeng and Paul Ekpenisi of their appointments as managing director (MD) and company secretary respectively.

IEI in a notice to the Nigerian Stock Exchange (NSE) dated February 29, 2016 said the board of directors of the company passed a resolution on February 4, 2016 following a periodical evaluation that the duo should be removed and subsequently be replaced by Peter Irene and H. Michael & Co represented by Adeyinka Hassan as chief executive officer/managing director and company secretary respectively.

This is coming on the heels of a letter dated December 21, 2015 by IEI to the NSE informing of the compulsory leave of Ekeng and Ekpenisi, while Irene and Hassan were appointed in their stead.

Click here to view notification of removal of directors of IEI