Airtel Africa appoints Segun Ogunsanya as new CEO

Airtel Africa appoints Segun Ogunsanya as new CEO

Airtel Africa appoints Segun Ogunsanya as new CEO     Leading telco and mobile money provider, Airtel Africa, has appointed a new CEO for its Africa operations. Olusegun “Segun” Ogunsanya, Managing Director and CEO Nigeria will succeed Raghunath “Raghu” Mandava, as Managing Director and Chief Executive Officer following Raghu Mandava’s informing the Board of his intention to retire. Segun Ogunsanya will join the Board of Airtel Africa PLC with effect from 1 October 2021. Segun Ogunsanya joined Airtel Africa in 2012 as Managing Director and CEO Nigeria and has been…

Read more

FirstBank appoints Gbenga Shobo as new MD/CEO as Adeduntan retires

FirstBank appoints Gbenga Shobo new MD/CEO

First Bank appoints Gbenga Shobo   The board of directors of First Bank of Nigeria has approved the appointment of Gbenga Shobo as the new Managing Director/Chief Executive Officer (CEO), effective from today, Wednesday.   Prior to his promotion, Shobo was the bank’s Deputy Director and he succeeds with Adesola Adeduntan who will be leaving the bank in compliance with the bank’s term limits for CEOs after leading the affairs of the bank since 2016.   Meanwhile, Abdullahi Ibrahim has been appointed as the new Deputy Managing Director, while Mr…

Read more

Nigeria Economic Summit Group appoints MTN, MRS CEOs, others into board

Nigeria Economic Summit Group

Nigeria Economic Summit Group appoints MTN, MRS CEOs, others into board     Leading policy think-thank the Nigeria Economic Summit Group, NESG as part of efforts to strengthen its activities and improve upon its mandate of driving advocacy for the nation’s socio-economic space has rejigged its board. The newly appointed board members are Ndidi Nwuneli, Managing Partner, Sahel Consulting Agriculture & Nutrition Ltd and Founder, Leap Africa; Amina Maina – Group CEO, MRS Holdings Ltd; Mike Sangster, Chief Executive Officer, Total E & P Limited and Mr Karl Toriola, CEO MTN Nigeria.…

Read more

Union Bank’s Emuwa unveils Okonkwo as successor, sounds NSE closing gong

Union Bank’s Emuwa

Union Bank’s Emuwa unveils Okonkwo as successor, sounds NSE closing gong     The management of Union Bank of Nigeria Plc, was on the Nigerian Exchange Group (NGX Group) platform Monday, to honour outgoing Chief Executive Officer, Emeka Emuwa and introduce his successor CEO, Emeka Okonkwo to the capital market community during a digital closing gong ceremony. Welcoming the visitors, the Divisional Head, Listings Business, Nigerian Exchange Limited, Olumide Bolumole said the ceremony was to enable the nation’s capital market community an opportunity to pay tribute to the illustrious career…

Read more

CBN approves appointment of Chukwuemeka Obiagwu as Wema Bank executive director

Wema Bank hits N1trn asset valuation

CBN approves appointment of Chukwuemeka Obiagwu as Wema Bank executive director   The Board of Directors of Wema Bank Plc. has announced the appointment of Chukwuemeka Obiagwu as an executive director of the bank effective from April 1, 2021. According to a statement signed by the bank’s Company Secretary/Legal Adviser, Johnson Lebile, the appointment has been approved by the Central Bank of Nigeria (CBN). The statement described Obiagwu as a multi-disciplinary professional with a background in accounting, insurance, corporate finance, stockbroking and public finance. He has over three decades experience in…

Read more

Buhari re-appoints Alex Okoh as BPE DG

Buhari re-appoints Alex Okoh as BPE DG

Buhari re-appoints Alex Okoh as BPE DG     President Muhammadu Buhari has approved the renewal of the appointment of Mr Alexander Ayoola Okoh as the Director-General, Bureau of Public Enterprises, BPE, for a second term of four years. A statement issued by the Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande explained that approval was in accordance with the provision of Section 17 (1)(a) and (2)(a) of the Public Enterprise (Privatization & Commercialization) Act, 1999. “This renewal will take effect…

Read more

Buhari approves directors for AfDB, IsDB

Economic council engages Buhari on three disturbing national issues

Buhari approves directors for AfDB, IsDB   President Muhammadu Buhari, on Tuesday approved the appointment of Dr Oyebode Oyetunde as Executive Director for Nigeria at the African Development Bank (AfDB) in Abidjan, Cote D’Ivoire. The Senior Special Assistant on Media and Publicity, Garba Shehu, disclosed this in a statement titled ‘President Buhari approves appointment of Dr Oyebode Oyetunde as Executive Director for Nigeria at AfDB’. According to the statement, before the appointment, Oyetunde was Senior Special Assistant to the President on Finance and Fiscal Policy as well as Legal Matters…

Read more

Sterling Bank appoints two directors

Sterling Bank appoints two directors

Sterling Bank appoints two directors   Sterling Bank Plc has announced the appointment of Ankala Prasad and Paritosh Tripathi as non-executive directors in replacement of Ramesh Rajapur and Grama Narasimhan on the board of the babk. According to a regulatory notice filed by the firm at the Nigerian Stock Exchange (NSE), the appointments are subject to the approval of the Central Bank of Nigeria. Prasad is presently the Country Head and Chief Executive Officer, Executive Committee of State Bank of India’s South African operations. According to the statement, Prasad joined…

Read more

Vitafoam appoints new director

Vitafoam appoints new director

Vitafoam appoints new director   The Board of Directors of Vitafoam Nigeria Plc has approved the appointment of Abdul Bello as independent non-executive director. According to a notice filed by the firm with the Nigerian Stock Exchange (NSE), Bello’s appointment is effective March 4. Bello would be succeeding Mohammed Alkali who retired from the position of independent non-executive director effective January 1. Bello retired from UAC of Nigeria in 2019 after 30 years in service during which he held various senior management positions such as group chief executive officer; group…

Read more

MTN Group appoints Chika Ekeji new executive to drive strategic repositioning

MTN Group appoints Chika Ekeji

MTN Group appoints Chika Ekeji new executive to drive strategic repositioning   MTN Group today announced the appointment of Chika Ekeji as Executive: Strategy and Transformation as part of plans to further bolster management capacity to accelerate the Group’s strategic ambitions.  Effective 15 March 2021, Chika joins Africa’s leading mobile operator from management consultancy McKinsey & Company in Nigeria, where he led the West Africa Digital Practice and served telco, financial services, and public sector clients across Africa. “We are very pleased that Chika is joining us as we work to…

Read more