The Board of Directors of French giant, Total Exploration and Production (E&P) Ltd has announced the appointment of Mr Victor Bandele, as its new Deputy Managing Director in charge of the oil firm’s Deepwater District with effect from September 23, 2020.
This disclosure was made by Country Communication Manager, Total E&P Nigeria Ltd, Mr Charles Ebereonwu, in a statement that was issued on Tuesday, October 6, 2020, in Lagos.
According to a report from the News Agency of Nigeria (NAN), Bandele, who is a fellow of the Nigerian Society of Engineers, takes over from Mr Ahmadu-Kida Musa, who has retired from the company after a successful 35-year career.
The statement pointed out that prior to his current position, Bandele was the Executive Director in charge of the company’s Port Harcourt and Joint Venture District, where he supervised the activities of 3 main technical divisions and 2 support entities within the district.
It states that Bandele joined the company as a Trainee Reservoir Engineer in 1993. He was involved in many subsurface fields, management and development activities onshore and offshore, including some non-operated assets of the company until 2004 when he became the Geosciences and Reservoir engineering (GSR) team leader for the offshore OML 99 Assets.
The new Deputy Managing Director has held several important positions in operations, projects and management within Nigeria and overseas. These include serving as GSR Manager for Akpo Field which was the first Deepwater development project executed by Total in Nigeria.
He was Executive General Manager, GSR and Assets management within the JV District and also worked as Petroleum Architect in the Development Studies entity at Total’s headquarters in Paris. He returned to the Nigerian subsidiary as Executive General Manager, Special Duties, JV District in 2015, and was later appointed to the Board of Directors of Total E&P Ltd, as the Executive Director, JV District, where he made several landmark achievements.
First Bank CEO appointed into Bretton Woods Committee
First Bank CEO has been honoured with membership of Bretton Woods Committee (BWC).
Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan, has joined the Bretton Woods Committee (BWC) as a member.
This is a sequel to his invitation to the committee as reported by The Vanguard.
The BWC membership is strictly by invitation and extended to top influencers from every region of the world. Therefore, Dr. Adeduntan’s invitation is in recognition of his remarkable leadership traits and the impact of his organization in driving financial inclusion in Africa.
What they are saying
Commenting on his invitation and acceptance, Dr Adeduntan said, “On behalf of the Board, Management, and Staff of FirstBank, I’m deeply honoured to be recognised as a member of The Bretton Woods Committee.
“In addition, as a contributor, FirstBank remains committed to the goals of the Bretton Woods Committee. Especially at this time when the role played by business and political leaders is critical to exploring efficient ways of deepening collaboration and inclusion across borders, whilst mitigating the adverse effects of the coronavirus on not just the global economy but on other aspects of the livelihood of every individual and household.
Speaking further he said, “I look forward to working with other members of The Bretton Woods Committee, as we continue to build on the successes achieved over the years. With these, we will make the world a better place.”
What you should know
The Bretton Woods Committee was established in 1983 with a goal of creating more awareness for the World Bank, International Monetary Fund, World Trade Organization, and other major development banks. Also, they work towards accelerating economic growth, lessen poverty, and increase financial stability, along with demonstrating the importance of international economic cooperation and fostering collaboration among institutions.
The Committee’s greatest asset is its global membership, with more than 650 members including leaders in business, finance, academia, foreign government, and non-profit organizations from around the world.
African Alliance Insurance Plc appoints Joyce Ojemudia as MD/CEO
Joyce Ojemudia has been appointed, substantive MD/CEO of Africa Alliance Insurance Plc.
Africa Alliance Insurance Plc has announced Mrs. Joyce Ojemudia as its substantive MD/CEO.
The announcement was signed by the company’s Secretary, Mrs. Abisola Akinrin (Pp: TOPE ADEBAYO & CO), and made through a public disclosure issued 15th October 2020, to the Nigerian Stock Exchange (NSE).
The announcement also noted the resignation of Alhaji Aminu Ahmed Nahuche – a former Non-Executive Director and contained information about the appointment of three Non-Executive Directors.
The Company had earlier announced the resignation of Mrs. Funmi Omo as the MD/CEO in a disclosure dated September 3rd, 2020. Following her departure, the company confirmed Mrs. Joyce Ojemudia as the substantive MD/CEO of the Company – replacing Mrs. Olabisi Adekola who served in an acting capacity from the 1st of September 2020.
What you should know
Mrs. Joyce Ojemudia is an accomplished insurance professional and astute manager of resources. She has over twenty years of experience in insurance sales, business development, risk management, claims administration, and reinsurance, with a proven track record of revitalizing businesses and/or departments.
She is a Fellow of the National Institute of Marketing of Nigeria and an Associate of both the Chartered Insurance Institute of Nigeria and the Institute of Chartered Economists of Nigeria. She is also the current President of the Professional Insurance Ladies Association (PILA).
McNichols Consolidated Plc appoints Temitope Abefe Adebayo as CFO
Temitope Abefe Adebayo has been announced as the new CFO of McNichols Consolidated Plc.
McNichols Consolidated Plc has announced the appointment of Mr. Temitope Abefe Adebayo as the new CFO of the company with immediate effect.
The appointment was confirmed in a letter by the company dated 12th October 2020, and available on the NSE website – corporate disclosure. The letter was signed by Mrs. Benedicta Sadare, S.E. Nomuoja & Co. Secretaries, on behalf of McNichols Consolidated Plc.
The announcement noted that Mr. Temitope Adebayo is an associate member of the Institute of Chartered Accountants of Nigeria (ICAN), with about a decade of experience as an accountant. The announcement further submitted that the new CFO has served as an accountant in various companies and industries – including manufacturing, supply, hospitality, external audit, and tax consulting.
What you need to know
McNichols Plc is an indigenous home-grown fast-moving consumer brand food and beverage company. The company is “committed to enhancing the quality of life and contributing to a healthier future of Nigerians from ideas to reality.” The company was incorporated on April 26th, 2004, and commenced operations as a food processing and packaging company in April 2005. It is currently engaged in the production of various food and beverage products that include cube and icing sugar, choco, vanilla, milk, and choco custard.
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The company’s shares were listed on the NSE on 18th December 2009. The current share price is N0.47. The shares’ highest price in 52 weeks was N0.50 and the lowest N0.42. A total volume of 455, 455 units were sold in the last seven day’s trades. The shares outstanding are 326.70 million units.