Mr Folasope ‘Fola’ Babasola Aiyesimoju has been announced as the new Group Managing Director/CEO of UAC of Nigeria Plc.

This announcement was made by the board of directors of UAC of Nigeria Plc in a notice to the Nigerian Stock Exchange (NSE) on Thursday.

According to the statement signed by the company’s Legal Adviser, Mr Godwin Samuel, the new Group MD/CEO will assume the position from Monday, April 1, 2019.

“The board thanked Mrs Omolara Elemide for her hard work and dedication to the company as Acting GMD/CEO from January 2019,” the statement said.

Commenting on the appointment the Chairman of the board of UAC of Nigeria Plc, Mr Dan Agbor, said that the appointment of Mr Aiyesimoju as GMD/CEO signifies the company’s ambitions, and the board’s determination to accelerate the process of change within the group.

Mr Aiyesimoju is a finance professional with experience spanning corporate finance, principal investing and private equity.

Over the course of his career, he has lived and worked in Sub-Saharan Africa’s most important economies gaining experience of the operating landscape in the region.

He holds a B.Sc. (Hons) degree in Estate Management from the University of Lagos, where he was awarded a Certificate of Excellence in Real Estate Development and finance, and earned the right to use the CFA designation in 2006.

Mr Aiyesimoju is the founder of Themis Capital Management, an investment firm focused on concentrating capital and talent on high-potential opportunities in Sub-Saharan Africa.

Prior to founding Themis, he worked with Kohlberg Kravis Roberts, a leading global investment firm. His experience also includes working with the Standard Bank Group, where he led mergers and acquisitions in Nigeria.

Mr Aiyesimoju spent the early part of his career with Ocean and Oil Holdings Limited, a principal investment firm in Nigeria and ARM Investment Managers, one of Nigeria’s leading investment advisory and wealth management firms.

He also co-founded Foodpro Limited, a nutritional snacks business focused on edible nuts, where he currently serves as a non-executive director.

The new substantive GMD/CEO first joined the board of UAC of Nigeria Plc in March 2018 and is a member of the Governance and Remuneration Committee of the board.

He was also appointed Managing Director/CEO of UACN Property Development Plc in August, 2018 and, in his capacity as Group MD/CEO of UAC, will serve concurrently as Managing Director/CEO of UPDC PLC until a new Managing Director/CEO is appointed for the subsidiary company.


https://businesspost.ng/2019/03/28/uac-nigeria-appoints-aiyesimoju-group-md-ceo/

Afonja Amaka

I wish this also happens in politics

I don't care. They can appoint whoever they want to appoint, it has nothing to do with me.

Wow!

What happened to most of there franchise sef..

hmmm

Wow! Congratulations

Nice one

Weldone... Kudos

Ixorat:
Wow! Congratulations

Congratulations to him, very impressive at his age. They would have told us a little too about his family background cos I'm sure he is not entirely a nobody as he would have gotten a little push from somewhere in addition to his brilliance.

Bro fola

Though there might be other underlying factors not stated...that's an impressive resume non the less.
Kudos...

see as baba young and fresh chai

WONDERFUL. IGBOS WILL SAY HE WHOSE PERM-KERNEL WAS CRACKED FOR HIM BY THE SPIRITS WILL HAVE LIFE MOVING FINE WITHOUT STRESS

Very lovely

wonder233:
I don't care. They can appoint whoever they want to appoint, it has nothing to do with me.

Person wey no care no go write this long story...... Envy will not kill you

The company is not functioning again

cinoedhunter:
I wish this also happens in politics

It actually happened with Yahya Bello.

Congratulations Sir.

Is this all about brilliance or the right background?

Yoruba conquering the Business World, we are achievers. Congratulation

Good

Good for him

Good for him.

it is quite commendable as a young guy to achieve the above stated status............congrax guy.

please youths commend this young man is not easy.

Great feat for a young man. Wish to be like you someday

Nukilia:
Afonja Amaka

Abi Afonja Ajoka

Odingo1:
The company is not functioning again

Huh
Your mates are leading conglomerate and you're happy being a keyboard warrior #thinkaboutit