GlaxoSmithKline Consumer Nigeria Plc has expanded the size of its Board of Directors with the appointment of a former director at Lafarge Africa Plc, Oludewa Adodo-Thorpe. She was appointed as a non-executive director, a role that involves policymaking and planning exercises.
The appointment was disclosed through a statement published on the website of the Nigerian Stock Exchange (NSE). The Company was quoted on the NSE in 1977 but was incorporated in Nigeria on June 23, 1971 and commenced business on July 1, 1972. It last traded at N6.30 kobo per share on October 31, 2019.
Speaking on her appointment, the company said, “The Board is very confident that with her background, relevant experience and significant involvement in the capital market community, Mr. Adodo-Thorpe would add significant value to the quality and diversity of the Board of GlaxoSmithKline Consumer Nigeria Plc.”
Thorpe, who also acted as a non-executive director at Lafarge Africa Plc, will resume duties at GlaxoSmithKline on December 5, 2019.
About Oludewa Adodo-Thorpe: She is a lawyer with vast experience across board, according to the statement released by GlaxoSmithKline. Details of her career growth are noted below.
- Adodo-Thorpe is a corporate and investment lawyer, who graduated with Bachelor’s degree in law with honours from the University of Nigeria, Enugu Campus and a Master’s Degree in Law, from the University of Lagos. She was called to the Nigerian Bar in 1979.
- She joined the Nigerian Industrial Development Bank Ltd, (NIDB) now Bank of Industry Limited (BOI) after her national service and rose to increasing levels of responsibility until she was appointed the Company Secretary of NIDB Trustees Ltd (BOI Trustees Ltd) before disengaging from the bank.
- She commenced active Legal Practice specializing in Secured Credit Transactions, Corporate & Commercial Law and International Business Transactions. Apart from running a Firm of Legal Practitioners, she doubles as the Chief Executive Officer of a Firm of Company Secretaries which handles the corporate meetings and compliance duties of many Companies.
- Adodo-Thorpe is currently the National Secretary of the National Coordinating Committee of the Shareholders’ Associations; the body that coordinates the activities of the seven zones of the Zonal Shareholders’ Associations. She is also a member of the Nigerian Bar Association (NBA), Capital Market Solicitors Association and the International Bar Association (IBA). She has attended many conferences of both the IBA & NBA. She has served the Nigerian Capital Market community in various capacities.
- She is currently serving the Nigerian Capital Market community as a member of the Multiple Subscriptions Committee of the Securities and Exchange Commission. She was a Commissioner in the Delta State House of Assembly Service Commission.
- She was a member of the Statutory Audit Committee of Union Home Savings and Loans Plc, a company which used to be a subsidiary of Union Bank Plc. She is a member of the Society for Corporate Governance Nigeria and a Fellow of the Institute of Directors (IoD) Nigeria, where she was a member of many Committees.
- She was, until recently, a Non-Executive Director in Lafarge Africa Plc, where she served for nine years (September 2008 to June 2017). She was a member of Risk Management & Ethics Committee, and the Property Optimization Committee. She is an active member of the Soroptimist International, a Non-Government Organization for Professional women recognized by the United Nation, where she has served in many capacities.
- She is currently the Vice President, West and Central Africa Region, Soroptimist International Future Africa Federation. She is currently a Director on the Boards of Coastline Micro–Finance Bank Limited, where she is a member of the Credit and Risk Committees.
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.
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.
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.’’
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.
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.
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.
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.
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.
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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