United Africa Company of Nigeria appoints Funke Ijaiya-Oladipo as new CFO

NIGERIA – The Board of Directors of The United Africa Company of Nigeria (UAC of Nigeria PLC), a leading diversified Company, has announced the appointment of Mrs. Funke Ijaiya-Oladipo as Chief Financial Officer (CFO) of the Company. The Board also announced the resignation of Mr. Ibikunle Oriola as Group Finance Director of the Company with effect from 31st December 2020. According to a press release by the company, Funke is a high-achieving, results-driven, finance professional. She has over 13 years’ corporate finance and capital markets experience. With a focus on…

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Liquid Telecom appoints Wole Abu as Chief Executive Officer for Nigeria

NIGERIA – Liquid Telecom has appointed Wole Abu as Chief Executive Officer (CEO) for Nigeria. Wole will also serve as the CEO of the company’s new Africa Data Centre (ADC) in the country, effective January 2021. This new Data Centre in Nigeria once completed will address the growing demand for cloud storage and digital services on the continent, and Abu will be responsible for overseeing the strategic growth of ADC’s operations in this new market. The organisation had recently acquired a premium piece of land in Lagos to build the…

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Hamilton and George appoints Lekan Olatoke as Group Head Institutional Sales

NIGERIA – Hamilton and George, a frontline investment and advisory firm, has announced the appointment of Mr Lekan Olatoke as its Group Head Institutional Sales. Mr Joseph Edgar co-Founder and lead strategist at Hamilton and George stated in an announcement, that with the immense potentials currently being underutilized especially in the area of capital placement and distribution the need for H&G to strengthen its capacity has more than ever before become imperative. According to Mr Edgar, the Firm in the coming new year would redirect its efforts towards working assiduously…

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Verod Capital appoints Nieros Oyegun Soerensen as Principal and COO

NIGERIA -Verod Capital Management, a West African private equity firm, has hired Nieros Oyegun Soerensen as a Principal and the firm’s Chief Operating Officer (COO). Soerensen brings over 15 years of rich finance and leadership experience, most recently as the Head of The Africa List and Nigeria coverage at CDC Group, where she supported the growth of CDC’s investment footprint in the region, with an emphasis on developing management and organisational capacity within the portfolio and beyond. She was previously the Head of Corporate Finance and Investor Relations at LADOL,…

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Pharmaceuticals company May and Baker appoints Patrick Ajah as Managing Director

NIGERIA – The Board of Directors of May and Baker Nigeria Plc, a manufacturer and distributer pharmaceutical products, has announced the appointment of Mr. Patrick Ajah, as the Managing Director of the company, with effect from 1st January 2021. This disclosure was made in a notification issued and signed by the Company’s Secretary, Mrs. Adetoun Abiru. According to the notification, Mr. Ajah would be replacing Mr. Nnamdi Nathan Okafor as the Executive Director and Managing Director of the Company, with effect from 1st December 2020. The board disclosed that this…

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Household goods distributor Spar appoints Brett Botten as new group CEO

SOUTH AFRICA – Spar, a household goods distributor and a member of Spar International, with a footprint across 48 countries, has named the managing director of its South Rand division, Brett Botten, as its new group CEO, with effect from March 2021. Botten is expected to replace Graham O’Connor after the group’s 2021 annual general meeting. O’Connor is then expected to become board chair, also from March. Hankinson, who served SPAR Group as chairperson with distinction since 2004, had stayed on one extra year since turning 70. O’ Connor, who…

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Bombardier Transportation appoints Makgola Makololo as Managing Director for South Africa

SOUTH AFRICA – Global mobility technology leader Bombardier Transportation has announced the appointment of Makgola Makololo as Managing Director for South Africa. In this significant leadership role, Ms. Makololo will be responsible for Bombardier Transportation’s strategy development and deployment in the country, with sustainable customer and partner relationships as priorities. “We are delighted to welcome Makgola Makololo to Bombardier as Managing Director for South Africa; her leadership experience and award laden career makes her a great addition to our senior team”, said Andy DeLeone, President, Europe (Switzerland, Italy, Nordic Countries,…

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BAT Kenya appoints Rita Kavashe as the new and first woman board chairman

KENYA – British American Tobacco Kenya plc (BAT Kenya), part of British American Tobacco, a multinational company that manufactures and sells cigarettes, tobacco and other nicotine products, has appointed Rita Kavashe as the Chair of the Company’s Board. “Rita’s appointment comes at an ideal time, when the Company is accelerating its transformation agenda. BAT’s evolved corporate strategy and purpose – to deliver A Better Tomorrow for our stakeholders – is underpinned by an ambition to reduce the health impacts of our business,” BAT Kenya Managing Director, Mrs. Beverley Spencer-Obatoyinbo. “Our…

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On-demand delivery company Glovo appoints Priscilla Muhui as the General Manager for Kenya

KENYA – Glovo, an on-demand delivery start-up, has announced the appointment of Priscilla Muhiu as the General Manager for Kenya. She takes over from William Benthall who has been appointed Glovo’s General Manager for Sub-Saharan Africa. Glovo lauded the new General Manager on her passion for solving problems in Africa through technology. “Priscilla has a wealth of industry knowledge when it comes to growth hacking, market strategy development and business modelling. She is also very passionate about solving problems in Africa through the use of innovative technologies,” read a statement.…

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Liquid Telecom appoints Clayton Naidoo to the new post of Group Chief Business Officer

AFRICA – Liquid Telecom, a communications solutions provider, has appointed Clayton Naidoo as Group Chief Business Officer (GCBO), to drive growth, innovation and strategy in the enterprise market across the Group’s holdings, effective 1 October 2020. The Group Chief Business Officer is a new position within Liquid Telecom, and forms part of the Group’s wider digital transformation strategy. In this role, Naidoo is tasked with establishing Liquid Telecom’s enterprise business offering of managed solutions to large companies. This is a vital role as the organisation is migrating to a digitally…

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