MAY 19: CORPORATE NEWS FROM NIGERIA AND KENYA

NIGERIA:

NEW NCR CEO

A new country manager/CEO has been appointed for NCR Nigeria in the person of Mr N Anumihe.

According to the company secretary, Olufunke Hussain, the replaced Mr Ahmed Abdel Aziz Hamada who resigned effectively by April 28 after three years on the job.

Anumihe is a graduate of computer science University of Nigeria Nsukka with years of experience gathered in banking and information technology.

In the course of his career he worked with Citibank, Ivory Merchant bank and Intercontinental bank.

He also worked with IBM, Oracle, Dell and Misya helping to establish many of them in Nigeria.

He took over the NCR CEO from May 12, this year.

NAHCO CEO RESIGNS

The managing/CEO of National Cargo Handling co PLC (NAHCO) Mr Norbert Bielderman, has given three months notice of his intention to resign his appointment.

According to NAHCO corporate communications and services manager, Tayo Ajakaye, the outgoing CEO joined the company in May 2010; was appointed executive director, operations December 2013 and confirmef as managing director in April 2015 after acting from October 2014.

At the board meeting held on May 17, the CEO's notice was noted and succession plan is now in top gear.

Also, the board meeting accepted the retirement of Dr Faruk Umar who was representing minority interest on the board and accepted his replacement by Sir Sunny Nwosu.

Finally, Mrs Folashade Ode was also appointed as the acting managing director of NAHCO Energy, Power and Infrastructure, a subsidiary of NAHCO. Hitherto, she was executive director legal, risk and subsidiary services.

IKEJA HOTEL RECONSTITUTES BOARD.

Ikeja Hotel ltd, owners of Sheraton Lagos Hotel, has reconstituted its board of directors with effect from May 15, 2017.

This followed the retirement of three directors: Goodie Minabo Ibru, Dr Oba Otudeko and Rasheed Olaoluwa.

The new board has Chief Anthony Idigbe as chairman and Abatcha Bulama , Toke Ibru, Ufuoma Ibru, Felix Thomopholus, Waheed Olajungu, Kunle Aluko and Fadeke Alamutu as members.

According to the new chairman, Chief Idigbe. Mr Yakubu Dish also remains a member of the board until the securities and exchange commission (SEC) advises otherwise.

Reconstituting the board was part the final resolution of the crisis in the board for a while now. It was also resolved that a new business plan for the company was necessary.

KENYA:

NEW DIRECTOR FOR LONGHORN PUBLISHERS.

Longhorn Publishers ltd has announced the appointment of Mr Fred Murimi as a director of the company with effect from April 21, this year.

According to the chairman of the board,Hon F T Nyamno, the new director is currently the CEO of Centum Capital, the investment arm of Centum Investment company Ltd.

He holds an MBA from United Stated International University, Africa and is a multi disciplinary professional.

He is an advocate of the Kenyan High court; a certified public secretary and certified public accountant.

SAMEER LTD TO CHANGE NAME.

When the shareholders of Sameer ltd meet on June 20 at Sameer Industrial park, Nairobi, one of the major decisions they will have to endorse is the boards decision to change the name of the company.

If approved, it will be changed to Sameer Africa PLC and a new article of association adopted to reflect this.

The shareholders will also receive and adopt the 2016 annual report and re-elect Peter Gitonga to the board.

They will also formally elect to the board three new directors appointed earlier this month: Dr Winnie Iminza Nyanute; Dr Lydia Muthoni Mbuthia and Ms Mary Ngatia.

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