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Appointments

Julius Berger gets new Non-Executive Director

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Julius Berger tells investors there're no plans for a rights issue at the moment

During a meeting on June 19th, 2019, the Board of Directors of Julius Berger Nigeria Plc announced the appointment of Engineer Goni Musa Sheikh as a Non-Executive Director of the construction firm.

According to a notice by Julius Berger Plc to the Nigerian Stock Exchange dated June 20th and signed by the Company Secretary Mrs Cecilia E. Madueke, it was disclosed that Mr Sheikh’s appointment would take effect on 1st July, 2019.

Julius Berger

Goni Musa Sheikh’s Profile: He was appointed Mining Engineer I at the Nigerian Mining Corporation (NMC), Jos, Plateau State in 1980. From 1980 to 1990, Sheikh was involved in the design, development, and executions of many mineral projects like gold, barytes, cement, feldspar, talc, bentonite, tin ores, soda ash, tantalite, lead/zinc sulphides, diatomite and kaolin.

In 1990, he became the General Manager/Chief Executive Officer of Nigerian Kaolin Limited (a subsidiary of Nigerian Mining Corporation, Jos).

[Read Also Julius Berger and Stanbic IBTC’ boards to deliberate FY 2018 results]

He rose in 2000 to the post of General Manager, Corporate Infrastructure and Projects of the Nigerian Mining Corporation, Jos, where he oversaw all the operations and development of new projects of the Corporation.

Between 2000 and 2006, he was the Executive Director of the Bitumen Project, Akure. Sheikh held several positions in Government including Director, Mines Inspectorate Department; Director, Mining Cadastre Office; Permanent Secretary, Ministry of Mines and Steel Development; Permanent Secretary, Ministry of Petroleum Resources, and Permanent Secretary, Ecological Fund Office.

He was appointed Special Technical Assistant to the Minister of Mines and Steel Development in 2006. Here, Sheikh spearheaded the technical report preparations and investment drive in INDABA South Africa and PDAC Canada. He served two ministers in this capacity.

He had been Nigeria’s representative at many international conferences, served on many boards and worked closely with different international organisations and blue chip companies.

He was the Nigeria Governor for OPEC for almost three years, later becoming the Chairman, Board of Governors of OPEC.

Before his appointment at Julius Berger, Mr Sheikh was a board member of the Nigerian LNG, Bonny Gas Transport and the National representative of African Petroleum Producers Association (APPA).

Sheikh retired as a Federal Permanent Secretary after putting in 35 meritorious years of service and is currently engaged in Consultancy works in Oil, Gas and Mining.

A recipient of many academic awards, Sheikh is a Fellow of Nigerian Society of Mining Engineers and Member of Nigerian Society of Engineers (NSE), The Council of Registered Engineers of Nigeria (COREN), Council of Mining Engineers and Geoscientists and Nigerian Mining and Geosciences Society.

Julius Berger stock opened on the floor of the Nigerian Stock Exchange today at N20.9 per share.

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Ronald Adamolekun is a creative writer with proficiency in journalism, financial reporting, financial analysis and imaginative writing. However, his core competency lies in fiction and short story writing as well as feature writing. He is a graduate of English and Literature from Covenant University, Ota, Nigeria.

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Appointments

Airtel Nigeria announces appointment of Surendran as new Chief Executive Officer

Airtel Nigeria, has announced the appointment of Mr C. Surendran as the new MD/CEO with effect from August 1, 2021.

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Like MTN, is Airtel Nigeria considering listing?

Telecommunications giant, Airtel Nigeria, has announced the appointment of Mr C. Surendran as the new Managing Director and Chief Executive Officer with effect from August 1, 2021.

Surendran would be replacing the outgoing Managing Director and Chief Executive of Airtel Nigeria, Olusegun Ogunsanya, who has been elevated to the position of Chief Executive Officer of Airtel Africa Plc with effect from October 1, 2021.

According to a report from the News Agency of Nigeria, this disclosure is contained in a statement issued by Airtel on Wednesday, May 5, 2021, in Lagos.

READ: Airtel Africa signs new $500 million loan with Bank of America, HSBC, others

The statement says that Surendran would also be appointed to the Executive Committee (ExCo) as Regional Operating Director, reporting to the CEO of Airtel Africa plc, and onto the Board of Airtel Networks (Nigeria) Limited.

Airtel in its statement said, “Surendran has been with Bharti Airtel since 2003 and has contributed immensely in various roles across customer experience, sales and business operations.

He was the Chief Executive Officer of Karnataka, which is the largest circle in Airtel India, with over one billion dollars in revenue.

Surendran delivered an exceptional performance with significant movement in Revenue Market Share (RMS) over the last few years, currently at 54 percent. He has over 30 years of business experience, including 15 years at Xerox.’’

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Airtel said that Surendran would transition into his new role from June 1, 2021, and spend the time onboarding into the business until July 31, 2021.

READ: Meet the latest billionaires on the Nigerian Stock Exchange

In case you missed it

It can be recalled that a few days ago, Airtel Africa Plc, a leading provider of telecommunications and mobile money services in Nigeria and 13 other countries, announced the appointment of Mr Olusegun Ogunsanya as the new Chief Executive Officer, following the notice of retirement given by the current Managing Director/Chief Executive Officer, Raghunath Mandava, to the Board.

In the notification sent by Airtel Africa to the Nigerian Exchange, Ogunsanya is expected to join the board of Airtel Africa with effect from October 1, 2021.

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Appointments

Guinness announces retirement of Chairman, appoints former Minister as replacement

Guinness Nigeria Plc has announced the appointment of Dr Omobola Johnson as the new Chairman of its board, with effect from July 1, 2021.

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Guinness announces retirement of Chairman, appoints former Minister as replacement

Guinness Nigeria Plc has announced the appointment of Dr. Omobola Johnson as the new Chairman of its board, with effect from July 1, 2021.

This follows the retirement of the current Chairman, Babatunde Savage, from the position, with effect from June 30, 2021.

The announcement is contained in a notice sent to the Nigerian Exchange Limited, investing public, and other stakeholders on May 4, 2021, and signed by the Company Secretary, Rotimi Odusola.

READ: Guinness, Int’l Brew, Nigerian Breweries spend N65.5 billion on key acquisitions in 2020

Johnson, who has over 30 years of experience from both the private and public sectors of the Nigerian economy, was a former Minister of Communications Technology and a former Country Managing Director in Accenture.

While commenting on her appointment, Johnson who has been serving on the board of Guinness, said, “Guinness Nigeria is an excellent company with tremendous value creation opportunities, and I believe the refreshed board and management team remain committed to maximizing shareholder value.”

In his letter addressing the board in compliance with the applicable corporate governance regulation, Savage expressed his pleasure at the opportunity to have been a part of the Guinness story over the last four decades.

He thanked the board of Guinness Nigeria and Diageo UK for the opportunity to have served in several capacities, first as an employee who held various strategic senior roles, then as an Executive Director, and later as Chairman of the board, a role that he held for almost 12 years.

READ: Guinness Nigeria’s market value surged by N23.8 billion in March 2021

He said, “After almost 40 amazing years, my journey with Guinness Nigeria is coming to an end. Guinness Nigeria is and will always be family to me.”

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