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Nairaland Forum / Nairaland / General / Politics / NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds (13710 Views)
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NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by dipoolowoo: 7:59pm On Oct 08, 2016 |
By Modupe Gbadeyanka **As Denis Hasdenteufel takes over Chairman of the Nigerian Aviation Handling Company PLC (NAHCO Aviance), Mallam Suleiman Yahyah, has resigned from the board. His letter of resignation has been communicated to the regulators. Mr Yahyah cited the urgent need to attend to his failing health as the reason for his decision to bow out. With the resignation of Mr Yahyah, the Vice Chairman, Mr Denis Hasdenteufel, would take over the leadership of the Board in an acting capacity and will preside over all meetings of the Board pending the approval of regulators and further announcements from stakeholders. Mr Yahyah, who was appointed a director of the Company in November 2006, became the Chairman of NAHCO in July 2012. He had in recent months come under mounting pressures from his family to step down to enable him undergo a proper medical attention. Credited with the strategic reorganization of the company to its current modern status, Mr Yahyah had been battling with an undisclosed health issue for a couple of years now. During his tenure, NAHCO witnessed unprecedented turnover which grew from N6.92 billion when he took over leadership of the board to N8.5 billion at Year End 2015. This, we learnt, is in addition to increase in number of employees from about 1,100 to an all-time high of 1,980. During this period, the company’s asset base also grew from N9 billion to N15 billion. The hallmark of Mr Yahyah’s tenure at NAHCO was the modernization of company’s equipment to align with world’s standards in modern ground handling service. He was credited with equipping NAHCO with state-of-the-art equipment that made the Company the great force that it is today in ground handling service in sub-Sahara Africa. The diversification of the company which the board under his tenure embarked upon led to the establishment of NAHCO FTZ with the granting of a licence for same by the Federal Government. The Mainland Cargo Options also joined the growing list of companies in the group. Mr Yahyah also promoted a harmonious company-labour relations which ensure minimal disruption in company’s business operations. His welfare–oriented policies include the introduction of performance based pay (PMP) to employees and profit–sharing for workers. He introduced a management succession programme into the Company that ensured a smooth transition from one CEO to another. Under his leadership, NAHCO became the most successful privatisation story in the history of privatisation programme in Nigeria. http://www.businesspost.ng/2016/10/08/nahco-chairman-suleiman-yahyah-resigns/ 8 Likes 1 Share
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Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by Nobody: 8:05pm On Oct 08, 2016 |
EFCC should investigate this organisation. But where is lalasticlala now 2 Likes |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by ourema(f): 8:21pm On Oct 08, 2016 |
Nigerian leaders hardly resign even on glaring and detonating health conditions. Late president Yaradua is a good example 10 Likes 2 Shares |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by DaudaAbu(m): 8:38pm On Oct 08, 2016 |
Since its a private entity, its left for the owners ro decide wethe they want him investigated or not 3 Likes |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by vedaxcool(m): 8:41pm On Oct 08, 2016 |
The man demands our commendation for quitting despite his sterling performance. .. NAHCO and the country will miss 18 Likes |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by Bugatie(m): 9:32am On Oct 09, 2016 |
Speedy recovery sir and big ups for manning up to resign in a country where most persons will rather die on the seat that consider resignation 5 Likes 2 Shares |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by adebayosun02: 9:33am On Oct 09, 2016 |
. |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by OYAY(m): 9:35am On Oct 09, 2016 |
Kudos to him and wishing him quick recovery in his health condition . |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by iambabaG: 9:36am On Oct 09, 2016 |
Very honourable and can't commendable.. Some oloriburuku people will rather die there! May you be granted speedy recovery singularly because of this noble gesture 6 Likes 2 Shares |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by Nobody: 9:37am On Oct 09, 2016 |
This is how it is done in sane climes. 4 Likes |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by martineinstein(m): 9:40am On Oct 09, 2016 |
i smell corruption 1 Like |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by Justiceleague1: 9:44am On Oct 09, 2016 |
HASDENTEUFEL is that a noun or a pronoun,an adjective,adjectival clause or a grammatical expression? What is a hasdenteufel my ppl? Speedy recovery mallam 5 Likes |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by KENNSAMMY(m): 9:48am On Oct 09, 2016 |
better |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by Nobody: 9:49am On Oct 09, 2016 |
This man is setting an example for Nigerians. wishing u quick recovery. |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by doghorp(m): 9:57am On Oct 09, 2016 |
He is been investigated by EFFC dat big thief dat will say e spend millions training staff Abroad 3 Likes |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by mumumugu(m): 9:57am On Oct 09, 2016 |
buhari should learn and follow |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by Nobody: 10:00am On Oct 09, 2016 |
I know this Man he also is the Chairman of Ashaka Cement and one of the most loved board chairman by shareholders especially minority share holders. At the last AGM of Nahco Aviance he looked ok. Wishing him a speedy recovery. 8 Likes
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Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by gunuvi(m): 10:02am On Oct 09, 2016 |
Is the new man a Nigerian. Please from which state abi we don dey get Germans for we country. 1 Like |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by Yannny: 10:05am On Oct 09, 2016 |
Mr YahYah resigned when he realized that [size=15pt]GOOD HEALTH IS BETTER THAN LOADS OF MONEY.[/size] Otherwise is the case for some Nigerian Politicians and leaders, THEY WOULD EVEN WANT TO DIE WITH THE MANTLE HEAVEN and IF POSSIBLE GIVE ORDERS FROM HEAVEN - but thank God that is not possible. #IDENTITY & #LEADERSHIP 1 Like
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Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by Agimor(m): 10:20am On Oct 09, 2016 |
Never has it been heard that a Nigeria civil servant resigned even when he is sick or found wanting. Ask Yaradua. |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by zicoraads: 10:24am On Oct 09, 2016 |
Get well soon, sir. |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by XX01(f): 10:36am On Oct 09, 2016 |
Agimor: He's is not a civil servant. NAHCO was privatised. |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by Agimor(m): 11:08am On Oct 09, 2016 |
XX01:Okay thks. |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by ibkogiman(m): 11:38am On Oct 09, 2016 |
Who "Mai Deluxe" epp? I sha wish him quick recovery. |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by oluwagream: 11:51am On Oct 09, 2016 |
Hmmm. Wwll. Loads of great opportunities in Nigeria
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Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by nkhay(f): 1:30pm On Oct 09, 2016 |
Very stylish and healthy looking fine man... I hope fish isn't smelling |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by itsmine: 2:50pm On Oct 09, 2016 |
Mallam. Wish u better health & good luck in ur future endeavours. We minority s'holders saw d improvements. Kudos. |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by Nobody: 3:10pm On Oct 09, 2016 |
ourema:True. But Ronald Reagan was a borderline Alzheimer's patient and he still insisted on running for president of America. Power is apparently just too alluring. |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by nkhay(f): 3:23pm On Oct 09, 2016 |
doghorp: Ehen! This man doesn't look sick one bit! Very healthy man Iffahear |
Re: NAHCO Chairman, Suleiman Yahyah Resigns On Health Grounds by GreatEngineer(m): 8:31pm On Oct 09, 2016 |
We will know the main reason later. |
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