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Home General News Appointments

Lafarge Africa Plc announces retirement of two directors, appoints new ones

Chidinma Nwagbara by Chidinma Nwagbara
April 8, 2020
in Appointments, Company News, General News
Lafarge Africa

Khaled El Dokani, CEO of Lafarge Africa Plc

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Lafarge Africa Plc has announced the retirement of two of its Non-Executive Directors, as well as the appointment of three new Directors. This was disclosed by the company in a notification signed by the Company Secretary, Adewunmi Alode and sent to the Nigerian Stock Exchange (NSE).

The retirements of Non-Executive Directors – Mr. Christof Hassig and Mr Rossen Papazov, was said to have taken effect from April 7, 2020.

Lafarge Africa also announced the appointment of Mr. Gbenga Oyebode as a new Independent Non-Executive Director, Mr. Olivier Guitton as a Non-Executive Director, and Mr. Lolu Alade-Akinyemi as the new Finance Director. All three appointments took effect today, April 8, 2020.

Speaking on the appointment, Chairman of Lafarge Africa Plc, Bolaji Balogun said:

“I wish to thank Christof Hassig and Rossen Papazov for their service and contributions to the Board over the last two years and wish them well in the future. 

“I am delighted to welcome Gbenga Oyebode, MFR, Olivier Guitton and Lolu Alade-Akinyemi to the Board of Lafarge Africa. I consider them strong additions with rich and diverse experience and we look forward to working with them on the Board and wish them a successful tenure.”

(READ MORE: Lafarge Africa Plc posts N213 billion revenue, profit up by N17 billion in 2019)

Oyebode’s profile: Oyebode is a lawyer with over 35 years of experience in corporate and commercial practice. He has served in various capacities and companies since he began his career, some of which include being the Chairman of Access Bank. He has also worked as a Director at MTN Nigeria Plc, as well as the Chairman of Okomu Oil Palm Company.

Lafarge Africa provides grant for startups, Lafarge Africa’s latest earnings report reveals 8.5% decline in gross profit , Lafarge Africa gets new CFO one month after resignation of former finance director, Lafarge Plc reveals why it invited Italian man with Coronavirus to Nigeria, Lafarage Africa group Plc posts a revenue of N213 billion in 2019, profit up N17 billion, Lafarge Africa Plc announces retirement of two directors, appoints new ones
Lafarge Africa Plc

Oyebode currently serves on the Boards of Nestle Nigeria Plc, and Socfinaf S.A. He is the Chairman of CFAO Nigeria Plc. Other positions include Member of the Global Advisory Council of the Africa Leadership Academy Johannesburg, Director Jazz at the Lincoln Centre New York and Director African Philanthropy Forum, Member Board of Trustees Carnegie Hall New York, Member Board of Trustees Ford Foundation New York and Director International Lawyers for Africa (ILFA), London.

He holds an LL.M from the University of Pennsylvania, Philadelphia and an LL.B from the University of Ife. Oyebode is also a fellow of the Chartered Institute of Arbitrators (UK) (FCIArb) and the Nigerian Leadership Initiative, as well as a member of the Nigeria Bar Association, the American Bar Association, and the International Bar Association (IBA), amongst others.

He is the founder and Chairman of the management board of Aluko & Oyebode (one of the largest integrated law firms in Nigeria).

(READ MORE: Lafarge Africa Plc said it is sorry for helping bring Coronavirus into Nigeria)

Guitton’s profile: Guitton has over 22 years work experience in the transportation industry and currently holds the position of Head of Finance, Middle East & Africa at Lafargeholcim.

Prior to this, he held various positions within the Bombardier Group as Vice President, Finance, Asia, Bombardier Transportation, Singapore, Vice President, Finance Shared Service, Bombardier Transportation, France, Head of Finance, South Europe, Director, Cash Management, Bombardier Capital, France, General Manager and Division Controller, Europe. He was also the Group Deputy CFO & Group Controller Louis Dreyfus Company, France.

Guitton holds a Bachelors degree in Business Administration at the EDHEC Business School, French Instit des techniques de Marches (ITM).

Alade-Akinyemi’s profile: Alade-Akinyemi is a certified accountant with 20 years of experience leading and transforming Finance & Supply Chain teams in complex, multinational companies in the United Kingdom, Ghana and Nigeria.

(READ MORE: Jean-Philippe Benard resigns from Lafarge Africa Plc board )

He holds a Master’s degree in Business Administration from the Edinburgh Business School, Scotland, UK, and is currently the Chief Financial Officer and Supply Chain Director of Lafarge Africa Plc.

Prior to joining Lafarge in 2014, he was Finance Director, PZ Cussons Nigeria Plc, Head of Business Operations & Development Strategy, New Business and Head of Supply Chain & Operations, Coca-Cola Bottling Company, Accra-Ghana, Finance Manager (Group Office), Coca-Cola Europe, Eurasia & Middle East Group, London, Finance Manager (Africa Group), Coca-Cola Africa, Windsor, UK and Assistant Budget & Planning Manager at Coca-Cola Nigeria Limited. 

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