Tunis Re: amending the mode of governance
In order to comply with the code of commercial companies and in particular the new provisions of the Law No. 2019-47 dated 29 May 2019 relating to the improvement of the investment climate, Tunis Re's Board of Directors has proposed to amend the company's mode of governance.
The amendment provides for the separation of the Board Chairman and the Chief Executive Officer positions as well as updating certain provisions of the reinsurer's articles of associations. Hence, all shareholders will be convened to an Extraordinary General Meeting to be held on March 18, 2020 at 9:30 a.m. at the Sheraton Hotel, Tunis.
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