Appointments
International Breweries appoints a new Director
The Management and the Board of International Breweries Plc have appointed Tolulope Adedeji as a Director.
The Board of Directors of International Breweries Plc have announced the appointment of Tolulope Adedeji as a Director. The brewer, in a statement made available to the public, disclosed that Adedeji’s appointment took effect from Wednesday, September 18, 2019.
Adedeji succeeded Godwin Oche who recently resigned from the company’s Board.
Adedeji’s Profile: Tolulope Adedeji has extensive experience in building brands and businesses. She has built brands from scratch to market leadership and has transformed brands from challengers to established brands.
[READ MORE: Microsoft Africa Development Centre appoints new Managing Director]
Over the course of her career, she has built over 15 brands across Africa. She is currently the Marketing Director of International Breweries Plc where she leads the marketing teams in Nigeria and AB- Inbev brands in Ghana.
Some of the iconic brands she leads are Budweiser, Trophy, Hero, Club beer and Beta Malt. Tolu started her career in Finance prior to joining the Marketing team and had served in various capacities through her over 15 years of work experience.
Adedeji was first Brand and Commercial Leader and later Brand /Commercial Associate Director at Procter & Gamble in Nigeria and Ethiopia. She had led the startup of P&G brands in Ethiopia and had also qualified Head & Shoudlers product launch for South Africa, Kenya and Uganda. She worked on various brands such as Always, Pampers, Ariel, Gillette and Oral B in Nigeria. She navigated these brands through a challenging macro-economic recession era.
Adedeji holds a Bachelor of Science degree in Business Administration from Babcock University, a Masters of Business Administration from Obafemi Awolowo University and a Master’s of Science in International Management from the University of Liverpool, UK.
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She is a Member of the Chartered Institute of Marketing (MCIM). Tolu is passionate about growing businesses, Children Literacy, Female Empowerment and Youth Development. She established Mrsceonaija, a social enterprise for similar causes.
Adedeji authored Smart Sindara, the adventure series – a fiction book centred on self-confidence, leadership and culture for African children. She is on the board of Caring Friends Foundation (NGO for children with special needs) and on the advisory board of Irede Foundation and more.
Appointments
Seplat appoints Emeka Onwuka as CFO
Onwuka has over 30 years’ experience in financial services across Sub-Saharan Africa.
Seplat Petroleum Development Company Plc. has appointed Mr. Emeka Onwuka as Chief Financial Officer and Executive Director, Lagos, and London.
The appointment takes effect from August 1, 2020.
The appointment was announced in a notice sent to the Nigeria Stock Exchange on Friday and has been ratified by the company’s board of directors.
According to the notice which was signed by the company secretary and chief governance compliance officer, Mrs. Edith Onwuchekwa, the Board of Seplat is confident that “the wealth of knowledge and experience Onwuka brings will be a great addition to the Company”.
Mr. Onwuka has over 30 years’ experience in financial services across Sub-Saharan Africa. Mr Onwuka is a Partner at Andersen Tax Nigeria and holds various Board positions as Chairman; FMDQ Securities Exchange Limited; Director FMDQ Holdings Limited; Director, Ecobank Nigeria Limited; and Director, Bharti Airtel Nigeria.
He was also the former Group Managing Director /CEO of Diamond Bank Plc and former Chairman of Enterprise Bank Limited.
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He is a Chartered Accountant, a Fellow of the Institute of Chartered Accountants of Nigeria, and a Fellow of Chartered Institute of Taxation of Nigeria.
Mr. Onwuka received his B.SC. in Political Science from the University of Nigeria, Nsukka, and holds an MBA from the University of Benin.
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He is an alumnus of the Lagos Business School, Wharton Business School and Harvard Business School.
Onwuka also holds the Nigerian National Honor, Officer of the Order of the Niger (OON).
Appointments
Segun Agbaje elected into PepsiCo Board of directors
Mr. Agbaje will join the Board and the Audit Committee effective July 15, 2020.
Segun Agbaje, the Managing Director of Guaranty Trust Bank of Nigeria has been elected as an independent member of the Board of Directors of PepsiCo, the American owners of popular beverage, Pepsi and Moutain Dew.
According to the press release seen by Nairametrics, the Board of Directors elected Segun Agbaje as an independent member of the Board. Mr. Agbaje, 56, will join the Board and the Audit Committee effective July 15, 2020.
In his remark, PepsiCo Chairman and CEO Ramon Laguarta expressed delight in welcoming Mr. Agbaje to the PepsiCo Board.
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“Segun is a well-respected and proven business leader with a deep understanding of complex businesses and fast-growing markets, particularly Sub-Saharan Africa where we recently acquired Pioneer Foods as part of our strategy to expand in the region. His experience in business transformation and passion for delivering consumer value will serve PepsiCo well as we continue our journey to be the global leader in convenient foods and beverages by winning with purpose,” Laguarta said.
PepsiCo recently acquired Pioneer Foods, makers of Butterfield Bread. Pioneer Foods also acquired a major stake in Food ConceptPioneer, a leading baked goods company. Food Concepts are also the owners of the popular Chicken Republic quick-service restaurant chain in Nigeria.
The Chair of PepsiCo’s Board’s Nominating and Corporate Governance Committee, Daniel Vasells remarked,
“We look forward to Segun joining the PepsiCo Board and to the valued global perspective he will add to our team..His knowledge and experience of embracing and scaling new technologies and critical capabilities will be valuable as we continue to invest in opportunities that create shareholder value and deliver long-term sustainable growth.”
Segun Agbaje also currently serves as a director of MasterCard Advisory Board Middle East and Africa. He holds a Bachelor of Science in Accounting and a Masters in Business Administration from the University of San Francisco.
Appointments
Lamido Yuguda assumes duty as new DG of SEC
Yuguda says his management promises no respite for anyone who defrauds investors.
Mr. Lamido Yuguda, the new Director-General of the Securities and Exchange Commission (SEC), has started work at the capital markets regulatory agency. He assumed duty alongside three new SEC commissioners, namely – Mr Reginald Karawusa, Ibrahim Boyi, and Dayo Obisan.
Mr Yuguda announced that the SEC’s capital market master plan of 2014 will enable Nigeria’s capital markets to accelerate the development of the country’s economy. He added that the SEC in the past 20 years has worked with industry stakeholders to implement initiatives that have improved the regulation and development of Nigeria’s capital markets.
“Many of the initiatives have been successfully implemented while many others are work in progress in line with its objectives. Therefore, the continued implementation of the plan will be one of the major focus of the incoming management, while we also seek possible ways of strengthening it for enhanced impact. We would equally work towards improved market regulation, surveillance and general development,” Yuguda said.
He added that the SEC would make investor protection the focus of the initiatives that will be implemented by the new management. Assuring the public that the new management would do its best to improve capital market regulation for the benefit of all stakeholders and warned defaulting operators would be punished.
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“We want to assure investors that this market is for them and we are ready to do everything to ensure that we increase investor enlightenment through education, robust regulation and fair dealing. For those that want to defraud investors, there would be no respite,” he added.
The outgoing Acting Director-General, Ms Mary Uduk said she was confident in the new management would improve on the achievement the SEC has built so far. Adding that the SEC has introduced reforms in the past few years that have led to regulatory milestones.
Mr. Lamido Yuguda is a holder of the CFA Charter and a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), with a B.Sc. degree in Accounting from Ahmadu Bello University, Zaria and an M.Sc. in Money, Banking and Finance from the University of Birmingham.
He is holds a Certificate in Financial Asset Management and Engineering from the Swiss Finance Institute, Geneva and a Certificate in Investment Performance Management from the CFA Institute, Charlottesville, Virginia, USA.
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