Portland Paints and Products Nigeria Plc has announced changes in its board of directors as it appointed Mrs Bolarin Okunowo as Managing Director and Dr Zitus Ezinwa as Non-Executive Director.
The announcement, which is to take effect on March 21, 2020, was made known in a statement signed by Ayomipo Wey, the Company’s Secretary/Legal Adviser and made available to the investing public.
Okunowo’s profile: Mrs Bolarin Okunowo had previously served as a Non-Executive Director of the company. She is a seasoned finance and investment specialist with over 15 years of experience in a range of finance roles including debt advisory, debt finance, corporate finance, principal investments and financial management.
Okunowo joined UAC of Nigeria Plc (UACN) in October 2018 and served as UACN’s Investment Executive responsible for managing the company’s investments in its industrial businesses (Paints, logistics and real estate). In her role as an Investment Executive, Okunowo was responsible for working with management teams to shape strategy and deliver commercial outcomes.
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She has also worked as Stanbic IBTC Capital‘s Head, Energy & Infrastructure Finance where she handled oil and gas, power and infrastructure debt finance portfolio, among many other responsibilities.
Before joining Stanbic, the new MD worked at Asset & Resource Management Company (ARM). Okunowo worked with an investment banking team at ARM, pioneering work on the company’s Hospitality & Retail Fund, as well as executed a host of financial advisory mandates across multiple sectors including infrastructure, government (PPP), aviation, real estate, and many other vital sectors.
Prior to joining ARM, Okunowo worked at Pricewaterhouse Coopers (PwC), providing audit services to the firm’s financial service clients.
Okunowo’s qualifications speak for her. She is a qualified Chartered Accountant, with a Bachelor’s degree in Commerce from the University of Birmingham UK and a Master’s degree in Information Systems from the prestigious London School of Economics.
Ezinwa’s profile: Dr Vitus Ezinwa is currently the Group Human Resources Director at UACN. He is a seasoned business manager and human resource professional with experience in leading multinational corporations.
Prior to joining UACN, Ezinwa worked as Group Human Resource Director for Promasidor Africa; Human Resources Director for Coca-Cola Nigeria & Equatorial Africa with responsibility for 10 countries and Human Resources Director for British American Tobacco, West & Central Africa covering Ghana, Benin, Niger & Togo.
Ezinwa was until recently the Group Human Resource Director for Tropical General Investments (TGI) Group. He is a member of the Advisory Board of Afterschool Graduate Development Centre, member of the Institute of Directors and a Fellow of the Chartered Institute of Personnel and Development (CIPD) UK. He is a co-founder and Director of HR Network Africa and was until 2014, a member of the Lagos Business School’s Advisory Board.
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The new Non-Executive Director holds a Bachelor’s degree in Sociology/Anthropology from the University of Nigeria, Nsukka and an MBA in Management from Lagos Business school. He also holds a Masters Degree in Applied Business research and a Doctorate in Business Administration both from Swiss Business school, Zurich, Switzerland. He joined UACN in November 2018 as the Group Human Resources Director. In addition to sitting on the board of UACN, Ezinwa is a Non-executive Director of Grand Cereals Limited.
Standard Bank Group appoints Yinka Sanni as new Chief Executive of Africa Regions
Yinka Sanni has been appointed as Standard Bank Group’s Chief Executive of Africa Regions.
The Standard Bank Group has announced the appointment of Yinka Sanni as the new Chief Executive of Africa Regions.
This announcement was made by the Group in a post shared via its official LinkedIn account. The bank revealed that Sanni will be replacing Sola David-Borha who is retiring after 31 years of distinguished service to the group.
His appointment will play an integral role in driving the growth of the Standard Bank Group in Africa further in the years ahead.
He is expected to build on the work of David-Borha, a renowned professional who played a key role in growing the Group’s Africa Regions portfolio in terms of capacity, market share and contribution to the group’s headline earnings.
What you should know
- Yinka Sanni is a Fellow of the Chartered Institute of Stockbrokers of Nigeria.
- He has served in key positions within the Stanbic Group, as the Chief Executive of Stanbic IBTC Holdings PLC, Chief Executive of Stanbic IBTC Bank PLC, Deputy Chief Executive of the Bank and Executive Director, Corporate & Investment Banking of the Bank.
- He was also the pioneer Chief Executive, Stanbic IBTC Pension Managers Limited and the pioneer Chief Executive, Stanbic IBTC Asset Management Limited.
Usman Alkali Baba assumes office as new IG of Police
The FG announced that IGP Usman Alkali Baba assumed duty as the new Inspector General of Police on Wednesday.
The Federal Government announced that IGP Usman Alkali Baba assumed duty as the new Inspector General of Police on Wednesday.
The FG disclosed this in a statement on Wednesday evening, citing that he is taking over from IGP Mohammed Abubakar Adamu, NPM, who retired after 35 years of meritorious service to the nation.
What the FG is saying
“The handing/taking over of leadership between the former and new Police Chiefs was held in a brief but colourful ceremony at the Force Headquarters, Abuja. The event was climaxed with the symbolic handover of the Nigeria Police flag.
The new IGP, who is the 21st indigenous Inspector General of Police, Ag. IGP Usman Alkali Baba, NPM, psc (+), fdc, a fellow of the National Defence College, hails from Geidam in Yobe State. He was commissioned into the Nigeria Police Force on 15th March 1988 as a Cadet Assistant Superintendent of Police.
He holds a Masters degree in Public Administration (MPA) and a Bachelor of Arts degree in Political Science.
The FG also disclosed that the new IGP believes in the provision of motivational and credible leadership driven by professionalism and strategic planning, all directed at stabilizing internal security and modernizing police operations within the framework of citizens’ consent, trust, and the rule of law.
In case you missed it
The Federal Government revealed why President Buhari terminated the appointment of the outgoing Inspector General of Police (IGP), Muhammad Adamu, before the expiration of the 3-months extension, saying the ex-IGP’s tenure was terminated following the completion of the selection process for a new Inspector General of Police.
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