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Appointments

GlaxoSmithKline Nigeria Plc gets new Managing Director

The Board of Directors of GlaxoSmithKline Consumer Nigeria Plc (GSK), has appointed a new Managing Director (MD). 

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GlaxoSmithKline Nigeria Plc gets new Managing Director, GlaxoSmithKline resignation, GlaxoSmithKline appointments, GlaxoSmithKline shares, GlaxoSmithKline Dividends, GlaxoSmithKline financial result

The Board of Directors of foremost pharmaceutical company, GlaxoSmithKline Consumer Nigeria Plc (GSK), has appointed a new Managing Director (MD). The announcement was made recently at the 48th Annual General Meeting of the company. 

The new Managing Director, whose appointment took effect from 1st June, 2019, is Mr Kunle Oyelana. 

 A pharmacist by training, Oyelana brings to the Board of GlaxoSmithKline 20 years wealth of experience in the pharmaceutical industry. 14 years of those years was spent in managerial positions spanning Africa and Asia. 

[READ MORE: A step towards new frontiers – Olumide Adeosun appointed CEO at Forte Oil Plc]

Before rising to the rank of MD, he was the Marketing Director of the company, for the Classic and Established Products (CEP) portfolio in Africa and developing countries in Asia. 

Mr Oyelana’s educational background: He is an alumnus of Obafemi Awolowo University, Ile Ife, where he bagged a Bachelor’s in Pharmacy. He equally holds a Master’s of Business Adminstration (MBA) degree from the same institution. 

GSK new MD, Kunle Oyelana

Core competences: His areas of core competence encompass sales, marketing and business development in pharmaceuticals, vaccines and consumer healthcare. Oyelana rose to the position of Group Product Manager for Vaccines in Anglophone & Francophone West Central Africa in July 2007. He served in this capacity between January 2005 and June 2007. 

[ALSO READ: GSK Consumer Nigeria declares dividends amidst ‘missing’ results]

Other positions held: In January 2009, he left the position of Group Product Manager to take up the role of Sales Manager, Vaccines between February 2009 and May 2009. 

After this, Oyelana served as the Group Product Manager, Antibiotics for Nigeria and Anglophone West Africa from June 2009 to June 2010. He was made Category Manager of GSK Africa Centre of Excellence for Classic Brands in July 2010, a position he left in March 2012. 

Also, Mr Oyelana spent over 3 years as Marketing Manager for Nigeria and Anglophone West Africa between April 2012 and September 2015, after which he was appointed the Marketing Director of GSK in September 2015. 

Remark after appointment: After he was appointed the Managing Director of the company, Oyelana remarked, “I am excited at this new opportunity and I’m confident about the outlook for the GSK business in Nigeria. Together, with the resilience of the Nigerian team, we hope to continue to serve our customers, grow our brands and contribute to the economic growth of Nigeria. 

Given the exceptional talents that we have in Nigeria and the huge resource base of the country, I am confident that GSK will continue to deliver immense value to our consumers.” 

 [READ FURTHER: AIO appoints NEM Insurance’s Tope Smart as Vice President]

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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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