Cadbury Nigeria Plc has announced the retirement of Fola Akande as the Company Secretary effective from 17th June 2024.
“The Board of Cadbury Nigeria Plc (the Company) wishes to inform the Nigerian Exchange Limited, the investing public and other stakeholders, of the retirement of Mrs. Fola Akande as the Company Secretary of Cadbury Nigeria Plc from 17th June 2024.”
The Board of Cadbury Nigeria Plc expressed its gratitude for Akande’s dedicated service to the company and extended its best wishes for her future endeavours. Akande’s departure marks the end of an era, as she has played a vital role in the company’s governance and compliance functions.
Her contributions have been instrumental in maintaining high standards of corporate governance and regulatory compliance at Cadbury Nigeria Plc. The Board also expressed confidence in the company’s ability to smoothly transition into a new phase with the appointment of a successor to fill the position of company secretary.
Meanwhile, Airtel Africa Plc, a leading provider of telecommunications and mobile money services across Africa, has announced that John Danilovich will retire as an independent non-executive director at the conclusion of this year’s Annual General Meeting (AGM) in July 2024.
“Airtel Africa plc, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces that John Danilovich has informed the Board of his intention to retire as an independent non-executive director of Airtel Africa plc at the conclusion of this year’s AGM in July 2024.
“Danilovich’s decision to retire comes after a distinguished tenure where he provided valuable insights and guidance to the Board of Airtel Africa Plc.
“His extensive experience and strategic vision have contributed significantly to the company’s growth and expansion efforts across the continent. The Board of Airtel Africa Plc expressed its appreciation for Danilovich’s contributions and wished him well in his future endeavours,” Airtel Africa said.
The announcement of Danilovich’s retirement makes known the company’s commitment to effective board leadership and governance practices as it continues to navigate dynamic market conditions and pursue its strategic objectives.
In a new development, Oando, Nigeria’s leading indigenous energy group, has provided an update on the ongoing petition filed in the Federal High Court, Lagos Division.
The court has further adjourned the petition to April 17th, 2024, to hear pending applications brought before it by certain shareholders. These shareholders are seeking to be joined to the petition and challenging the court’s order dated June 7, 2022.
The order directed Oando to file its Scheme of Arrangement document with the Securities and Exchange Commission (SEC) and the Nigerian Exchange Limited (NGX) within 30 days.
“The adjournment to 17th April 2024 is for the Court to hear pending applications brought before it by certain shareholders seeking to be joined to the Petition and challenging the Court’s order dated June 7, 2022, which among other orders, directed the Company to file its Scheme of Arrangement document (the “Scheme Document”) with the Securities and Exchange Commission (SEC) and the NGX within 30 days”, the company said.
