Lafarge Africa Plc’s Board of Directors has announced the selection of Mr. Lolu Alade-Akinyemi as the new Group Managing Director/Chief Executive Officer (GMD/CEO) of the company, effective from July 1st, 2023.
This appointment comes after the resignation of Mr. Khaled El-Dokani, who served as the Group Managing Director/CEO until June 30th, 2023.
The company conveyed this information through a notice to the Nigerian Exchange Limited (NGX) and the investing public, in light of recent management changes.
The notice, signed by Adewunmi Alode, the General Counsel & Company Secretary, stated that prior to this appointment, Mr. Alade-Akinyemi held the positions of Chief Financial Officer (CFO) and supply chain director within the company.
Having been appointed as an Executive Director to the Board on April 8th, 2020, Mr. Alade-Akinyemi brings over 20 years of diverse experience in finance, supply chain, business development, and sales.
With an impressive international background, he has demonstrated his expertise in navigating turnaround situations, optimizing business processes, fostering growth in challenging environments, and overseeing Profit & Loss operations.
Before joining Lafarge in 2014, Mr. Alade-Akinyemi served as the Finance Director at PZ Cussons Nigeria Plc for four years. Prior to that, he spent 16 years at the Coca-Cola Company, where he held various roles with increasing responsibilities in finance, business development, supply chain, and sales across the UK, Belgium, Ghana, and Nigeria.
