Nigerian German Chemicals Plc. (“NGC or the Company”) has notified The Nigerian Stock Exchange that at the meeting of its Board of Directors held on Friday, 4 September 2015, Mr Babatunde Savage (Chairman) and Mr Olusegun Oshinowo (Non-Executive Director) resigned their respective appointments.
The Company also announced the resignation of Mr Adeboye Shonekan, its Executive Vice Chairman and Chief Executive Officer with effect from 4 September 2015.
However, following the resignation of Mr Babatunde Savage (Chairman) and Mr Adeboye Shonekan (Chief Executive Officer), the Company has appointed the following persons in acting capacity effective 4 September 2015. Mr. Samson Osewa – Chairman, Board of Directors Mr. Stepahane Le Bouder – Chief Executive Officer