Final Notification under Article 9.2 of Articles of Association
All IBAI Members:
Re.: NOTIFICATION UNDER ARTICLE 9.2 OF THE ARTICLES OF ASSOCIATION
This is further to our notification dated July 21, 2017 under Article 9.2 of the Articles of Association of the Insurance Brokers Association of India (IBAI) inviting nominations from members for the positions of Directors on the Board of the IBAI, to be filled-in during the ensuing Annual General Meeting of the Association on Friday the 8th September 2017 (at 11.30 A.M.) at Walchand Hirachand Hall, IMC Chamber of Commerce & Industries, Churchgate, Mumbai – 400 020. We have now to inform the members that as on 24th August, 2017 (i.e. the last date for receipt of nominations), nominations received Zone wise are as under:
From Western Zone, we have received Six (6) nominations for the post of Three (3) Directors whose names are given below:
|Mr. Sanjay Kedia*||Marsh India Insurance Brokers Pvt. Ltd.|
|Mr. Vijay Rampal*||Prudent Insurance Brokers Pvt. Ltd.|
|Mr. Ajay Bansal||Robinhood Insurance Brokers Pvt. Ltd.|
|Mr. Sumit Bohra||India Nivesh Insurance Brokers Pvt. Ltd.|
|Mr. Jitendranath Nayer||Amicus Insurance Broking Services Pvt. Ltd.|
|Mr. Sundaram Venkatavaradan||Abhivridhi Insurance Brokers Pvt. Ltd.|
(The sitting Director Mr. S.V. Thakkar, of Alliance Insurance Brokers Pvt. Ltd who retire by rotation has expressed his desire not to contest the election)
From South Zone we have received Three (3) nominations for the post of one (1) Director whose names are given below:
|Mr. S. Sunder Raman*||Suprasesh General Insurance Services & Brokers Pvt. Ltd.|
|Mr. Narendra Kumar Bharindwal||RMS ARC Insurance Brokers Pvt. Ltd.|
|Mr. Ramakrishna Vurakaranam||India Insure Risk Management and Insurance Broking Services Pvt. Ltd..|
From North Zone we have received Two (2) nominations for the post of one (1) Director whose names are given below:
|Mr. Kapil Mehta (Co-Opted Member)||SecureNow Insurance Brokers Pvt. Ltd|
|Mr. Anuraag Kaul||JK Risk Managers & Insurance Brokers Ltd.|
From East Zone we have received Two (2) nominations for the post of one (1) Director whose names are given below:
|Mr. Arvind Kumar Khaitan*||Salasar Services Insurance Brokers Pvt. Ltd.|
|Mr. Nirmal Bazaz||Extra Cover Insurance Brokers Pvt. Ltd.|
The elections will accordingly be held at the Annual General Meeting on 8h September 2017.
Every member is requested to carry an authority letter for attending the above annual General Meeting.
*Denotes existing Directors offering themselves for re-election.
In the event of a poll, only one authorized representative holding authority letter duly supported by Board Resolution / Proxy, from a member firm will be allowed to cast the vote, which please note. ALL MEMBERS ARE THEREFORE, REQUESTED TO DEPUTE THEIR REPRESENTATIVE WITH REQUISITE AUTHORITY LETTER, IN THE PRESCRIBED FORMAT, FOR THIS PURPOSE.
In this connection, please also note that those members who have not paid their annual membership subscription for F.Y. 2017-18 will not be eligible to cast their votes at the election.
The procedure to be followed at the Annual General Meeting is enclosed for information of Members.
August 24, 2017