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APPOINTMENTS

Flour Mills appoints Juliet Anammah to the Board of Directors

Juliet Anammah has been appointed to the Board of Directors of Flour Mills of Nigeria Plc.

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Nigeria’s leading integrated food business and Agro-allied group, Flour mills of Nigeria Plc has announced the appointment of Juliet Anammah, to the board of Directors. 

The appointment was announced in a disclosure sent to the Nigeria Stock Exchange today.

This disclosure which was signed by the Company’s Secretary, Umolu Joseph, confirmed the appointment of Anammah, to the board of Directors effective from 10th September. 

Juliet, who is the current Chair of the Board, Jumia Nigeria, and Head of Institutional Affairs across Africa brings a vast experience in the consumer product industry, along with excellent skills in product creation and high-profile brand building. 

It is noteworthy that Mrs Anammah, while the CEO of Jumia led the company through a period of impressive growth, and subsequently to become the first African tech company to be listed on the New York Stock Exchange in 2019.

Speaking about the appointment, Mr John Coumantaros, Chairman of the Board says the appointment is of tremendous value to FMN, as it will help to position the group to take advantage of the changing consumer landscape in the foods and Agro-allied sectors. 

I am truly excited to welcome Juliet to the Board of Directors. Her over 28 years of executive leadership experience in business consulting and e-commerce in Africa will be of tremendous value to FMN, as we continue to position the group to take advantage of the changing consumer landscape in the foods and agro-allied sectors,” Coumantaros said.

Coumantaros emphasized that the appointment represents the Boards’ determination to ensure a diverse mix of skills and viewpoints on the FMN Board in a bid to fulfil the purpose of feeding the nation, every day.

About Mrs Juliet Anammah 

Mrs Juliet Anammah has over twenty-five years of professional experience in Consumer Goods, Sales and Marketing Management Consulting and E commerce. She started her career with Sanofi Aventis in 1991 and worked in key sales/marketing capacities until 1999, when she joined Accenture’s Strategy service line as a senior consultant. 

In 2004 she launched Accenture’s Products Operating Group which covers Accenture’s consulting services for Fast Moving Consumer Goods, Retail and Transport Industries in West Africa. Juliet became a Partner in Accenture in 2013. 

She is presently the Managing Director/Chief Executive Officer of Jumia Nigeria, a position she undertook in 2015 and oversaw Jumia’s transition from online Retail to a Marketplace. Jumia is an online marketplace operating in 15 African countries. Jumia’s scope covers Ecommerce, Travel booking, Food ordering and Classifieds. 

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APPOINTMENTS

FSI appoints 8 new members to its board

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Financial Services Innovators has appointed eight new personalities into its Board of Trustees, as part of its efforts to make Nigeria a global leader in innovative technology-driven financial services.

This was confirmed in a statement issued and signed by the Executive Director of FSI, Aituaz Kola-Oladejo, on Saturday in Lagos.

He said, “The trustees will bring their wealth of expertise to the board to help build, support and grow a collaborative and innovative ecosystem of players in the financial services space.”

The newly appointed trustees are the representatives of the Committee of e-Business Industry Heads (CeBIH) and Head of Card and Messaging Business at First Bank of Nigeria Limited, Folasade Femi-Lawal; Co-founder/Chief Executive of Co-Creation Hub, Bosun Tijani; and Principal of Flourish Ventures, Efayomi Carr.

Others are Co-founder/Chief Operating Officer of Digital Encode Limited, Adewale Obadare; Co-founder of Domineum Blockchain Solutions, Mohammed Jega; Divisional Head of Business Services and Client Experience/Executive Committee member at Central Securities and Clearing System, Onome Komolafe; Founder/Chief Executive Officer of Capricorn Digital Limited, Dee Abudu; and Co-founder of LoftyInc Allied Partners Limited, Wole Odetayo.

According to the statement, FSI is a shared infrastructure for the financial services industry to foster innovation and support startups.

“The organisation is passionate about driving innovation in the financial services industry and in providing financial and economic development services,” Kola-Oladejo said.

What you should know

FSI is governed by a BoT, which comprises representatives from the Nigeria Inter-Bank Settlement System, a non-executive director of a foremost financial institution and the fintech community, the statement added.

A non-profit organisation, FSI aims to lower barriers to entry, promote a level playing field for innovators without undermining the safety and security of the payment system for the general public, while advocating policies that encourage innovation in the fintech community.

Femi-Lawal, a senior executive and digital payment expert, has more than 25 years’ experience spanning retail banking, business advisory services, and telecoms.

Tijani, an innovation expert, holds a masters’ degree in Information Systems and Management. He is concluding his doctoral degree programme in Innovation Systems, while Carr holds an MBA from Harvard Business School.

Obadare is a cyber-security expert, and has a portfolio of awards, and Jega has over 18 years’ experience in projects.

Komolafe, who holds an MBA, brings to bear the professional experience she garnered from leadership and service delivery in various organisations.

Abudu’s experience includes over 15 years in corporate finance, mergers and acquisitions, and project finance in the United Kingdom, United States and African capital markets.

Odetayo is passionate about birthing social change in Africa through Information Technology, innovation, research and entrepreneurship.

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APPOINTMENTS

Wema Bank announces the appointment of 2 new directors

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Wema Bank Plc has announced the appointment of Prince Olusegun Adesegun and Mr. Adeyemi Adefarakan as Non-Executive Directors, with effect from July 19, 2021.

This disclosure is contained in a notification which was sent by Wema Bank to the Nigerian Exchange Group Limited (NGX), esteemed shareholders and other stakeholders, signed by the Company Secretary, Johnson Lebile.

According to the notice, the appointments of Prince Olusegun Adesegun and Adeyemi Adefarakun have both been approved by the Central Bank of Nigeria (CBN).

 

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APPOINTMENTS

Greenwich Merchant Bank appoints Bayo Rotimi as MD/CEO

Bayo Rotimi has been appointed the new MD/CEO of Greenwich Merchant Bank.

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Greenwich Merchant Bank has announced the appointment of Mr Bayo Rotimi as its new Managing Director/ Chief Executive Officer.

This is according to a notification made available on the bank’s social media handle, seen by Themoneymetrics.

As part of his responsibilities, Mr Rotimi is expected to provide leadership and direction to the management team and take charge in optimizing the company’s overall strategic objectives and operational performance, in a bid to deliver optimal value for stakeholders, without compromising quality and standards.

About Bayo Rotimi

Mr Rotimi is an experienced investment banking professional with over 27 years’ experience. He worked for various financial institutions such as Lead Merchant Bank and FCMB Capital Markets, where he rose through the echelons to become the CEO of the latter in 2008. Prior to his recent appointment, he was the chairman of the investment committee of ARM’s Discovery, Aggressive, Growth, Ethical, Money Markets, Fixed income and Eurobond funds with over N110 billion under management.

What they are saying

Commenting on the recent development, Chairman of Greenwich Merchant Bank, Kayode Falowo said: “Bayo’s track record and pedigree speaks for itself and offers a reassuring nexus between the corporate ideals that Greenwich is reputed for and proactive dynamism required to stay on the cutting-edge of innovation, product development and stakeholder satisfaction.”

What you should know

  • Recall that Greenwich Trust Limited was officially renamed Greenwich Merchant Bank in September 2020, after obtaining regulatory approval from CBN to operate as a Merchant Bank.
  • Greenwich Merchant Bank Limited was incorporated on the 25th of February, 1992 and subsequently commenced operations in June 1994.
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