United Overseas Insurance Limited announced the retirement of N Ganesan Pillay as Independent Director and Audit Committee Member, with effect from the close of the annual general meeting to be held on 16 April 2020. Mr. N Ganesan Pillay will retire by rotation at the company's annual general meeting to be held on 16 April 2020 and not seek re-election. This is to facilitate renewal of the board. The company also announced that Mr. Yang Soo Suan will step down as AC chairman and remain on the AC as a member, at the close of the AGM.