Board Secretary – People’s Insurance PLC

Board Secretary – People’s Insurance PLC

People’s Insurance PLC, a member of the prestigious People’s Group, is a fast-growing business entity in the insurance sector. We have achieved benchmark industry standards with high profitability and serve a premier portfolio of customers. To strengthen our growth and stability, we are in search of a purpose-driven, dynamic person to build upon our hard-earned reputation of reliability, trust, and unparalleled service.

We are currently inviting applications for the position of Board Secretary. This is a pivotal role within our corporate governance structure, offering a unique opportunity for a seasoned legal professional to work directly with the Board of Directors of a leading PLC.

About the Role: Board Secretary

As the Board Secretary at People’s Insurance PLC, you will act as the primary guardian of the company’s governance framework. You will be responsible for ensuring that the Board procedures are followed and that the company complies with the Companies Act, Listing Rules, and other relevant regulations. This role requires a blend of legal expertise, administrative precision, and high-level communication skills to effectively liaison between the Board, Management, and Shareholders.

You will passionately work towards meeting the objectives of respective department functions while providing critical legal and administrative support to the Board members.

Key Responsibilities

Your duties will encompass a wide range of governance, legal, and administrative tasks:

• Meeting Administration: You will organize Board Meetings, Board Subcommittee Meetings, Annual General Meetings (AGMs), and Extraordinary General Meetings (EGMs). This includes ensuring that all proceedings are minuted accurately and that minute books are meticulously maintained.

• Agenda & Coordination: You are responsible for preparing agendas and coordinating with the Management on Board papers and presentations. You must also share extracts of Minutes and resolutions with relevant heads of departments to ensure the timely implementation of decisions.

• Regulatory Compliance: Ensure the Company strictly complies with the Companies’ Act and Listing Rules, including making timely disclosures to the Colombo Stock Exchange (CSE). You will also ensure compliance with the Articles of Association and Terms of Reference (TORs) of Board Committees.

• Documentation & Filing: You will handle the filing of documents at the Department of Registrar General of Companies and coordinate the inspection of Company documents as required by laws.

• Policy Management: Draft and update Policies and Terms of Reference for Committees, ensuring they remain relevant and legally sound.

• Corporate Governance: You will assist in drafting disclosures and reports for the Annual Report in relation to corporate governance and continually review developments in this field to keep the Board informed.

• Liaison & Communication: Act as the liaison with the regulator regarding director appointments and serve as a channel of communication and information for non-executive Directors and shareholders.

• Legal Advisory: Provide legal advice and support in areas of corporate law, employment law, contract law, and intellectual property to the extent required by the Board of Directors. This includes assisting in the set-up and support of legal management, such as drafting and reviewing contracts.

Candidate Profile: Who We Are Looking For

We are looking for a highly experienced professional who possesses the gravitas and expertise to support our Board of Directors.

Educational & Professional Qualifications:

• You must be an Attorney-at-Law (AAL).

• Preferably, you should hold an LLB Degree awarded by a recognized university or institute.

Experience:

• A minimum of 10 years of post-qualifying experience is required, preferably as an Attorney-at-Law.

• Out of this, at least 05 years must be experience as a Board Secretary in an Insurance or Financial institute.

Skills & Competencies:

• Organizational Skills: Strong organizational and time management skills to meet strict deadlines are essential.

• Technical Knowledge: Comprehensive knowledge of corporate governance and compliance is mandatory.

• Communication: You must be fluent in English and possess excellent writing, note-taking, and transcription skills.

• IT Proficiency: Computer literacy, specifically in MS Office, is required.

Why Join People’s Insurance PLC?

This is an opportunity to join a team-driven environment where professionalism and excellence are paramount. We offer an attractive remuneration package together with the opportunity for further advancement within the organization for the selected candidate. As a member of the People’s Group, you will be part of a stable and respected corporate family.

How to Apply

If the above position interests you and you feel that you have it in you to meet these expectations, please forward your complete resume to us.

1. Prepare Your CV: Ensure your resume is detailed and includes the contact details of two non-related referees.

2. Email Application: Send your application to careerspeoplesinsurance@plc.lk.

3. Subject Line: You MUST specify the designation (Board Secretary) that you wish to apply for as the subject of the e-mail.

4. Deadline: Applications must reach us within 10 days of this advertisement.

Only those who possess the above qualifications should apply.

About People’s Insurance PLC: A member of People’s Group. Empowering a Resilient Nation.