BOARD CHANGES AT NCR NIGERIA, A G LEVENTIS PLC

NCR NIGERIA: MRS HUSSAIN, NEW DIRECTOR.

The boardroom doors of NCR Nigeria revolved unexpectedly recently just as nine months figures indicated it was heading for a record year.

It revolved principally because Ambassador H Ahmadu passed on thus ceasing to be a non executive director of the company.

To fill the vacuum, the board picked not a new non executive director but an executive one rewarded  for recording board proceedings for 8 years without being a m formal member.

Mrs Olufunke Hussain has thus been appointed an executive director while still retaining her old job as company secretary.

She holds LLB from Obafemi Awolowo University Ile Ife and was called to the Nigerian bar in 1987.

In the past 28 years she gained experience in both private and corporate legal practice and has been the company secretary of NCR Nigeria since 2006.

It will be recalled that nine months figures released recently and analysed in an earlier post indicated profit margin leap to 12% from 3.73% compared to September 2015 as profit before tax ended at N615.8m from previous N199.3m.

NEW CHAIRMAN FOR A G LEVENTIS.

A new chairman has been appointed for the board of directors of A G Leventis PLC in the person of Mr Ahmed Mantey from September 8, this year.

He replaced Chief Joseph Babatunde Oke who retired on the same day after serving the group in various capacities for 50 years.

According to a release signed by Company secretary, Mrs Y Titi Talabi, the new chairman is also a director of Nigerian Bottling Company Ltd.

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