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Appointments

Dangote Sugar Plc appoints new Company Secretary 

Dangote Sugar Refinery Plc has notified the NSE of the appointment of Mrs Temitope Hassan as its Company’s Secretary and Legal Adviser. 

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Dangote Sugar Plc, Dangote Sugar’s 9 months results show slight decline in profit , Dangote Sugar Refinery: Revenue recovers but cost pressures remain, Dangote Sugar Plc appoints new company secretary 

The Board and Management of Dangote Sugar Refinery Plc have notified the Nigerian Stock Exchange (NSE) of the appointment of Temitope Hassan as the Company’s Secretary and Legal Adviser.

According to the statement released by the company and signed by Ravindra Singhvi, the Managing Director of the company, Hassan’s appointment became effective from January 6, 2020.

Dangote Sugar Refinery to merge with Savannah Sugar , How Dangote Refinery will build local content capacity - NCDMB,

Dangote Sugar Refinery

Temitope Hassan’s profile: Hassan is a multi-disciplined lawyer. She holds a Bachelor’s Degree in Law from the London South Bank University, United Kingdom and another Bachelors’s degree in Insurance from the University of Lagos, Akoka. Hassan also bagged a Masters Degree in Business Administration from the Obafemi Awolowo University, Ile Ife.

Prior to joining Dangote Sugar Refinery Plc this year, Hassan worked as the Company Secretary /Legal adviser at UBA Pensions Custodian Limited. Before that, she served as the Head of the Company Secretariat of Skye Bank Plc (now Polaris Bank limited).

The new company secretary started her legal career with the law firm of Olaniwun Ajayi LLP. She has also previously worked with Industrial & General Insurance Company Limited as well as African Alliance Limited where she garnered considerable experience in Business Development and corporate strategies.

[READ MORE: Dangote Sugar Refinery in Tunga to produce 450,000 MT)

With over 22 years of work experience, she has developed valuable cognitive skills and expertise in company secretarial practice, legal drafting, dispute resolution, corporate governance advisory, investor relations, regulatory compliance, and corporate services.

Hassan has attended several courses overseas and within Nigeria. She is a certified trainer and an accredited mentor of the National Mentoring Pilot Project UK. In addition, she is a fellow of the Institute of Chartered Secretaries and Administrators of Nigeria.

About Dangote Sugar Refinery: Dangote Sugar Refinery Plc commenced business in March 2000 as the sugar division of Dangote Industries Limited. The sugar-refining factory at Apapa port was commissioned in 2001 with an initial installed capacity to process 600,000 MT of raw sugar per annum. In December 2007, DSR Plc successfully exported its first consignment of 1,500MT of sugar to Ghana.

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - [email protected]

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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 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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