The Nation Newspaper

Tag: DMD

  • UACN appoints five new MDs, DMD

    Nigeria’s largest conglomerate and oldest surviving business, UAC of Nigeria (UACN) Plc has appointed four new managing directors and a deputy managing director for five of its subsidiaries.

    In a group-wide management changes, the conglomerate has appointed new heads for its paints and chemical, logistics and agricultural businesses. Mrs Oluwakemi Ogunnubi takes over as Managing Director, Chemical and Allied Products (CAP ). Mr. Taiwo Ajibola is the new Managing Director, MDS Logistics Limited. Mr. Adedamola Olusunmade has assumed office as Managing Director of Portland Paints & Products Nigeria Plc while Mr. Solomon Aigbavboa, previously Managing Director of MDS Logistics Limited, has been appointed Managing Director of Livestock Feeds Plc.

    Mr. Mukhtar Yakasai, former Managing Director of Portland Paints and Products Nigeria is now the Deputy Managing Director of Grand Cereals Limited, a Jos-based agricultural subsidiary of the group. Mrs. Modupe Asanmo, erstwhile Managing Director of Livestock Feeds has retired from the company after 10 years of service. All the appointments took effect from January 1, 2018.

    Ogunnubi, a Chartered Accountant (ACA), attended The Polytechnic, Ibadan where she obtained a Higher National Diploma (HND) in Accountancy in 1992.  Until her appointment, she was the Head, Financial Services of UACN. She is an alumnus of Ashridge Business School and a member of the Institute of Risk Management, United Kingdom (UK).

    Olusunmade, a graduate of Chemical Engineering from the University of Benin started his career as an Assistant Production Manager with CAP in 1999. He worked in different capacities including plant manager, marketing manager, corporate responsibility and strategy manager and technical operations manager. He has attended local and international training courses including the Lagos Business School’s Advance Management Programme and was in 2007 appointed to the International Labour Organisation’s Committee of Experts on Safe Handling of Hazardous Chemicals.

    Yakasai is a graduate of Agriculture with Agricultural Economics option from Ahmadu Bello University Zaria and holds an MBA from the same University.  He joined CAP in July 1985 and held various roles as National Sales Coordinator, Business Manager Flame Guard and CAP Decorators, General Manager Business Development and General Manager Paints. He was at various times the Managing Director of Spring Waters Nigeria Limited (SWAN) and Warm Spring Waters Nigeria Limited (Gossy) and Special Projects Manager, UAC. He was appointed to the Board of Portland Paints in June 2013 as a Non-Executive Director and, subsequently, Managing Director of the company in October 2015. Mukhtar is an alumnus of Ashridge Business School, UK and has attended other local and international training programmes.

    Aigbavboa, a pharmacist, was educated at the University of Benin (B.Pharm & M.Sc) and Federal University of Technology, Owerri (MBA). He joined UACN in June 1997 as Personal Products Manager in the then GBO – MDS Division. He thereafter, occupied various management positions in the UACN Group including National Customer Service Manager, MDS Logistics and General Manager -Franchise Operations, Mr Biggs. In September 2008, he joined Zain Telecoms, Nigeria where he served as General Manager, North West Regional Operations and Director, Regional Support in the Sales Group.  In June 2009, he returned to UACN and was subsequently appointed in January 2010 as the Managing Director of MDS Logistics Limited. He is a fellow of the Chartered Institute of Supply Chain Management

    Ajibola, a graduate of Industrial Mathematics from the Federal University of Technology, Akure, started his career in UACN as an Assistant programmer in management and computer services before his deployment to CAP as the Tetra CS3 ERP project. He was transferred to MDS Logistics in 2001 to work on the implementation of the Enterprise Warehouse Management System deployed to the business. Upon completion of the project, he was appointed the pioneer ICT Manager of MDS Logistics Limited.  He later became the Warehousing and Depot Operations Manager before his appointment as the General Manager, Operations comprising Warehousing, Haulage and Distribution Operations of the business. He has attended numerous training programmes within and outside the country including Lagos Business School, Cranfield University (UK) and Robert Kennedy College (Switzerland).

     

     

  • Wema Bank gets new DMD

    Wema Bank gets new DMD

    The Board of Directors, Wema Bank Plc has appointed Ademola Adebise as the bank’s Deputy Managing Director (DMD).

    The board, which announced the appointment at a retreat in Lagos, said the Central Bank of Nigeria (CBN) has approved the appointment. In a letter to the bank, the CBN said it had no objection to the appointment.

    As DMD, Adebise will oversee Wema Bank’s Corporate and Business Directorate covering Corporate Banking, Treasury & Financial Institution, South Business Group (Southsouth and Southeast) and Business Support Division.

    Prior to his appointment, Adebise was the Executive Director in charge of Corporate & South Directorate.

    Adebise has over 28 years experience in the banking industry (inclusive of four years in management consulting), and has worked in various capacities in Information Technology, Financial Control & Strategic Planning, Treasury, Corporate Banking, Risk Management and Performance Management.

    Before joining Wema Bank, he was Head, Finance & Performance Management Practice at Accenture (Lagos Office) where he led various projects for banks in Business Process Re-engineering, Information Technology and Risk Management.

    He is an alumnus of the Advanced Management Program (AMP) of the Harvard Business School and a Bachelor’s degree holder in Computer Science from the University of Lagos. He obtained a Master’s degree in Business Administration (MBA) from the Lagos Business School.

    Adebise is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN). He is also an Associate of the Chartered Institute of Taxation and Computer Professionals (Registration Council of Nigeria). He is an honorary Member of the Chartered Institute of Bankers of Nigeria (HCIB)and a member of the Institute of Directors. He equally serves on the board of AIICO insurance Plc, AIICO pensions management Limited and Financial Institutions Training Centre (FITC).

  • Kidnappers free The Sun DMD’s wife

    Kidnappers free The Sun DMD’s wife

    After spending two days in kidnappers’ den, the wife of The Sun’s Deputy Managing Director ( DMD ), Steve Nwosu, Toyin, was in the early hours of Thursday freed.

    She was abandoned by her abductors at Festac First Gate, Amuwo Odofin, where the police recovered her at about 2:20am.

    The heavily armed kidnappers had whisked her away from her Ago Palace residence in Okota on Monday at about 1:50am, with a speed boat, after robbing her family and two other houses.

    Confirming her release, the state Commissioner of Police, Fatai Owoseni said efforts were in top gear to arrest the suspects.

    “Yes we rescued her at about 2:20am. The criminals left her at First Gate, Festac, where we were told to go and pick her up.

    “No ransom was paid. I want to assure Lagosians that efforts are still on to arrest the suspect and bring them to justice.

    “We are appealing for people to not hesitate in providing the police with useful information that will help in containing crime and criminality in the state,” he said.

  • Total E&P appoints DMD

    Total E&P appoints DMD

    The Board of Total Exploration and Production Nigeria Limited (TEPNL) has appointed Mr. Ahmadu-Kida Musa as the Deputy Managing Director (DMD), Deepwater District of the firm with effect from August 1.

    He replaced Mr. Charles Ngoka, who has proceeded on retirement.

    The company’s Deputy General Manager, Media & Public Affairs, Charles Ogan, said Musa is a dynamic and focused manager with 30 years’career in oil and gas operations and management.

    A 1984 Engineering graduate (B.Eng. Civil) from Ahmadu Bello University, Zaria, Musa also holds a Postgraduate Diploma (PGD) in Petroleum Engineering from the Institut Francais du Petrole ( IFP), Paris, France.

    He has attended various management and technical courses at the University of Port Harcourt, Harvard Business School and the Massachusetts Institute of Technology, among others.

    Musa is a fellow of the Nigerian Society of Engineers, member of various bodies, including the Council of Registered Engineers of Nigeria, Nigeria Institute of Management, Society of Petroleum Engineers International and Institute of Petroleum, United Kingdom (UK).

    Musa started his career in 1985 with Elf Petroleum Nigeria Limited as a trainee engineer and materials co-ordinator – engineering department and was later appointed to various positions of responsibility in production, operations and projects.

    Last September, he was appointed to the Board of TEPNL as Executive Director, Port Harcourt District, a position he held until his present appointment.

    Musa is also the Chairman, Rivers State Basketball Association, member and Southsouth zone representative, Nigerian Basketball Federation and Vice-President, Federation of International Basketball Associations, (FIBA) Africa Zone 3.