PZ Cussons appoints ex-FIRS boss as board chair
PZ Cussons Nigeria Plc has appointed a former chair of the Federal Inland Revenue Service (FIRS), Ifueko Omoigui Okauru, as chair of the company’s board.
The company also said Friday it approved key appointments in its board following the exit of two persons in its top hierarchy on account of retirement and resignation.
In a note to the Nigerian Exchange, the consumer goods manufacturer disclosed that Gbenga Oyebode retired as the chair of its board and a non-executive director with effect from 25 January.
Mr Oyebode currently chairs Okomu Oil and is an independent non-executive director at Nestle Nigeria.
He has been replaced by Mrs Okauru, whose tenure took effect on 25 January, following approval of her appointment at a board meeting held after the company’s annual general meeting (AGM) on the same date.
Mrs Okauru is the first female chair of the company, having joined the board in April 2021 as an independent non-executive director.
She trained as a chartered accountant and is a strategy and change management consultant with experience in both the private and public sectors. She headed strategy practice at Arthur Andersen and Co, where she spent more than ten years.
“She emerged as the first female Executive Chairman of the Federal Inland Revenue Service (FIRS),” the document said.
“She currently serves on the boards of MTN Nigeria Plc and Nigerian Breweries Plc. as non-executive Director and on the Boards of AfyaCare Ltd and ReStraL Ltd. as chair.”
Before her latest appointment, Mrs Okauru was the chairperson of the Audit and Risk Committee as well as the chair of the Statutory Audit Committee and member of the Governance and People Committee of PZ Cussons.
She holds a Master’s of Public Administration from the Harvard Kennedy School, an MSc in Management Science from Imperial College London as well as a BSc in Accounting (First Class) from the University of Lagos.
Mrs Okauru is a Fellow, Chartered Institute of Taxation of Nigeria, Fellow, Compliance Institute of Nigeria and Fellow, Institute of Chartered Accountants of Nigeria.
READ ALSO: Polaris Bank gets new board, management after sale by CBN
The firm has also appointed Temitope Oluwatosin, the assistant company secretary, as interim company secretary with effect from 27 January. She is filling the role left by Jacqueline Ezeokwelume, who resigned on 26 January.
Meanwhile, it was approved at the AGM a recommendation of a total dividend of N4 billion translating to N1.01 per share for the year ended 31 May 2022.
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PZ Cussons Nigeria Plc has appointed a former chair of the Federal Inland Revenue Service (FIRS), Ifueko Omoigui Okauru, as chair of the company’s board.
The company also said Friday it approved key appointments in its board following the exit of two persons in its top hierarchy on account of retirement and resignation.
In a note to the Nigerian Exchange, the consumer goods manufacturer disclosed that Gbenga Oyebode retired as the chair of its board and a non-executive director with effect from 25 January.
Mr Oyebode currently chairs Okomu Oil and is an independent non-executive director at Nestle Nigeria.
He has been replaced by Mrs Okauru, whose tenure took effect on 25 January, following approval of her appointment at a board meeting held after the company’s annual general meeting (AGM) on the same date.
Mrs Okauru is the first female chair of the company, having joined the board in April 2021 as an independent non-executive director.
She trained as a chartered accountant and is a strategy and change management consultant with experience in both the private and public sectors. She headed strategy practice at Arthur Andersen and Co, where she spent more than ten years.
“She emerged as the first female Executive Chairman of the Federal Inland Revenue Service (FIRS),” the document said.
“She currently serves on the boards of MTN Nigeria Plc and Nigerian Breweries Plc. as non-executive Director and on the Boards of AfyaCare Ltd and ReStraL Ltd. as chair.”
Before her latest appointment, Mrs Okauru was the chairperson of the Audit and Risk Committee as well as the chair of the Statutory Audit Committee and member of the Governance and People Committee of PZ Cussons.
She holds a Master’s of Public Administration from the Harvard Kennedy School, an MSc in Management Science from Imperial College London as well as a BSc in Accounting (First Class) from the University of Lagos.
Mrs Okauru is a Fellow, Chartered Institute of Taxation of Nigeria, Fellow, Compliance Institute of Nigeria and Fellow, Institute of Chartered Accountants of Nigeria.
READ ALSO: Polaris Bank gets new board, management after sale by CBN
The firm has also appointed Temitope Oluwatosin, the assistant company secretary, as interim company secretary with effect from 27 January. She is filling the role left by Jacqueline Ezeokwelume, who resigned on 26 January.
Meanwhile, it was approved at the AGM a recommendation of a total dividend of N4 billion translating to N1.01 per share for the year ended 31 May 2022.
Support PREMIUM TIMES’ journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
Donate
TEXT AD: Call Willie – +2348098788999
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