ETHIO-RE CONDUCTED ITS 6TH AGM AND 3RD EGM OF SHAREHOLDERS

The 6th Regular Annual General Meeting (AGM) & 3rd Extraordinary General Meeting (EGM) of  Ethio-Re was held on  Thursday 23rd of December, 2021 at Hilton Hotel, Addis Ababa. The AGM deliberated on Thirteen agenda items under the AGM category and Six items under the EGM side. Accordingly, one of the Agenda items discussed and resolved on the meeting was election of Board of Directors. Hence the results of the vote for the election are summarized as shown below and the first seven from all shareholders vote and the first two from the non-influential category will serve as board of directors after securing the necessory approval from the National bank of Ethiopia 

All Share Holders Votes Non-Influential Votes
Rank         NameTotal Vote Rank        NameTotal Vote
1Nib Insurance Company S.C.80,974 1Eyuel Ewnetu Gebretsadik5,234
2Ethiopian Insurance Corporation78,156 2Hailemariam AssefaYeshitila3,608
3Jibat Alemneh Faji68,450 3Shiferaw Bante Seleshi2,494
4Commercial Bank of Ethiopian67,934 4Teshome Beyene Berhe1,938
5Africa Insurance Company S.C.62,384                               
6Kelbessa Kara Tobo53,300 
7Messeret Bezabih Abebe48,612 
8Bunna International Bank S.C.46,322 
9Lion Insurance Company S.C.43,522 
10Nigus Anteneh Yirsaw32,192 
11Tesfaye Migbar Abebe24,866 
12Firehiwot Alemayehu Kelbesa22,554 
13Global Insurance Company S.C.9,040 
14Temtim Tola Gudda200