Unilever Nigeria Plc has announced major changes to its board, including the appointment of Michael Ikpoki as the Interim Chairman.
As seen by Techeconomy in a notice, the company formally notified The Nigerian Exchange (NGX) Limited and the investing public regarding the appointment of Michael Ikpoki as the Interim Chairman of the Board of Unilever Nigeria Plc. This decision is in effect pending the selection of a substantive Chairman.
The change in leadership comes as His Majesty, Nnaemeka A. Achebe, Obi of Onitsha, retired from the Board effective December 31, 2023. The newly appointed Interim Chairman, Michael Ikpoki, will be tasked with steering the company during this transitional period until a permanent Chairman is appointed.
Afolasade Olowe (MRS), Senior Counsel, and Company Secretary of Unilever Nigeria Plc issued the official notice, highlighting a move to ensure continuity and effective governance within the company.
In a broader context, this development follows closely on the heels of Unilever Nigeria Plc’s recent appointments to its board. On January 18, 2024, the company welcomed two new board members – Ben Langat as a Non-Executive Director and Obinna Emenyonu as an Executive Director. These appointments were made to bolster the leadership team and bring in fresh perspectives to drive the company’s growth agenda.
Ben Langat, assuming the role of Non-Executive Director, brings a wealth of experience to Unilever Nigeria Plc. His appointment aligns with the company’s goal of diversifying its board with seasoned professionals.
Simultaneously, Obinna Emenyonu, taking on the position of Executive Director, is expected to play a key role in shaping the company’s strategic vision and execution. His expertise is seen as a valuable asset in furthering Unilever Nigeria Plc’s corporate objectives.
These appointments follow the resignation of Jaime Aguilera as Non-Executive Director on January 17, 2024. The departure of Aguilera opened up opportunities for recruiting new talent, contributing to the ongoing growth of Unilever Nigeria Plc’s leadership structure.