Notore announces changes in its board of directors

In a notice sent to the Nigerian Stock Exchange (NSE) and the general investing public, fertilizer producer, Notore Chemical Industries Plc has announced some changes to its board of directors.

Chief Odoliyi Lolomari who is a non-executive director has retired while Bernard Longe and Dedieu Geoffroy who are also non-executive directors resigned from the board. Also, in the same vein, the Notore Chemical Industries appointed Ovie Ukiri, Olusoji Adekunle Emiola, and Tseyi Louis Hammond replacing the exiting non-executive directors with effect from December 14, 2018.

The statement also said the board expressed its appreciation to the departing directors for their commitment, leadership and extensive contributions to the company and wished them all the very best in their future endeavours.

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About Chief Odoliyi Lolomari

Chief Odoliyi Lolomari served as Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) and Nigeria’s OPEC representative. Lolomari has over 50 years experience in the petroleum industry. He serves as the Chairman of Frontier Oil Limited. He is a Founding Member of the Nigerian National Oil Company (NNOC) and the Department of Petroleum Resources (DPR). Lolomari is a Fellow of the Institute of Petroleum, London and the Nigerian Mining and Geosciences Society. He has a bachelor’s degree in Physics which he obtained from the University of London and a Diploma in Oil Technology from the Imperial College (DIC), London. He joined the Board of Notore Chemical Industries Plc on April 27, 2007, and has served as a non-executive director for 11 years.

About Dedieu Geoffroy

Dedieu Geoffroy joined the Notore’s Board of directors on 8th February 2011 and has served on the Board as a non-executive director for over 7 years. He also served on the Board Audit and Board Technical committee.

About Bernard Longe

Bernard Longe joined the Board of directors on the 17th November 2011 and as served on the Board for over 7 years. Longe also served on the Board finance committee and Board Technical committee.

About Ovie Ukiri

Ovie Ukiri is a fellow of the Chartered Institute of Taxation of Nigeria. Ukiri is also a Partner at Ukiri Lijadu (a law firm). He has been with the internationally focused law firm since 1999 and heads the commercial, corporate, and oil and gas departments.

A long-standing member of the Nigerian Bar Association, Ukiri served as chair of the Finance and General Purpose Committee of the association’s Lagos branch from 2010 to 2011. In June 2013, he participated in the 7th Annual Business Law Conference, during which he chaired and moderated a breakout session on mergers and acquisitions.

Olusoji Adekunle Emiola

Olusoji Emiola is an experienced professional with a successful career in the insurance industry. He is currently the managing director of TY Holdings Limited with the mandate to provide strategic leadership, direction and guidance in line with approved plans.

Tseyi Louis Hammond

Tseyi Louis Hammond is a finance professional with over 1 7 years experience in the financial sector. His career has involved successfully establishing business lines and products through strategic assessment of the financial market.

He is currently a Deputy General Manager at FBNQuest Merchant Bank Limited.