Insurance Association of Guyana elects new President
In keeping with its Articles of Association, the Insurance Association of Guyana (IAG) held its Annual General Meeting (AGM) for the fiscal year 2023-2024 on Wednesday, November 1, and unanimously elected Managing Director of the Hand in Hand Mutual Fire & Life Insurance Companies, Omadatt Singh, as its President.
The other elected executive members are Chief Executive Officer/Director/Corporate Secretary of North America Life, Fire & General Insurance Company Limited, Basil Mahadeo as Vice President; Branch Manager, New India Assurance Company (T&T) Ltd, Selma Rahman as Secretary; Life Manager, GTM Life Insurance Company Limited, Deoram Ramsaroop as Treasurer, and General Manager of Diamond Fire & General Insurance Inc, Tara Chandra as Assistant Secretary/Treasurer.
The newly-elected President in accepting the Executive Council’s confidence, indicated that the main objective would be to maintain ethical standards and excellent working relationships with the insurance regulator while advocating for the common interest of members of the Association.