Nestle Nigeria gets new Board Chairman

Nestle Nigeria has notified the investing public of the appointment of Mr Gbenga Oyebode as the new Chairman of its Board of Directors.

The appointment follows the retirement of Mr David Ifezulike as the Chairman of the Board of the company with effect from May 18, 2023.

Oyebode is a Fellow of the Chartered Institute of Arbitrators (UK) and the Nigerian Leadership Initiative and Chairman of Okomu Oil Palm Plc, Teach for All, and the African Philanthropy Forum.

He is currently a Director of both CFAO Nigeria and Lafarge Africa Plc, as well as a member of the Board of Trustees of the Ford Foundation.

Oyebode was first appointed to the Board of Nestlé Nigeria Plc on February 24, 2014, and has served on the Statutory Audit Committee, Nomination, Governance and Remuneration Committee as well as the Board Audit and Risk Management Committee of the Company.

Source: Nestle Nigeria gets new Board Chairman – StocksWatch (stocksng.com)

Related Posts

14

Nov
Business & Economy

Fidelity Bank Plc reports N132.31bn profit in H1 2025

Fidelity Bank Plc on Thursday published its Second Quarter report for the period ended 30 June 2025. The Financial Institution reported Gross Earnings of N748.71 billion for the 6 months period, up by 45.99% from N512.86 billion reported in the corresponding period of 2024. Profit after tax of N132.31 was achieved for the 6 months period, down […]

14

Nov
Market Update

Stock market stays 1.08% afloat as 55 stocks rally

The Nigerian market stayed afloat on price appreciation in CUSTODIAN, Linkage Assurance and other 53 stocks that made the green table on Thursday, consolidating on the impressive rebound on Wednesday from a prolonged losing streak that had pushed the market to its lowest level since 2010. The All Share Index grew 1.08%, closing at 146,981.17 points from[…]