The Board of Directors of Chemical and Allied Products Plc (“CAP Plc”) is pleased to announce as follows:
The appointment of Mrs. Bolarin Okunowo (“Bolarin”) as Managing Director/CEO effective December 1, 2021 following the retirement of the current Managing Director, Mr. David Wright (“David”) on November 30, 2021.
Bolarin is a seasoned business leader and finance specialist with over 17+ years’ experience in a range of roles spanning investment banking and financial services, manufacturing, oil and gas, real estate and hospitality. She joined UAC of Nigeria Plc (“UACN”) Group in October 2018 and served as UACN’s Investment Executive responsible for managing the company’s investments in its Industrial businesses (paints, logistics and real estate). In her role as an Investment Executive, Bolarin was responsible for working with management teams to shape strategy and deliver commercial outcomes.