Sule Bates, Nahco M.D., Resigns - P.M. News

Sule Bates, Nahco M.D., Resigns

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The Managing Director of Nigerian Aviation Handling Company Plc (nahcoaviance), Mr.Bates Sarki Sule has resigned.

P.M.NEWS
learnt that Bates’ resignation was endorsed by Nahcoaviance’s Board of Directors on Friday.

It was gathered that Mr. Kayode Ojo, the Executive Director; Finance and Strategic Planning is to act as the new Managing Director/ CEO of the company.

Nahco’s  Head of Human Resources/Corporate Communication, Ms Becky Igyuse confirmed Bates’resignation and Ojo’s appointment.

Mr. Sule was the pioneer Managing Director/CEO under whose tenure the company became publicly quoted on the Nigerian Stock Exchange and the Company turnover and profitability grew from N3billion to over N6billion and N317.7Million to N1.2billion, respectively.

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Equally, nahcoaviance has recently embarked on transformation and repositioning exercise which are aimed at increasing efficiency and service quality.

The acting Managing Director/CEO, Mr. Ojo, joined nahco aviance in February 2010  and has been described as a seasoned financial expert with 22 years experience in corporate and investment management.

—Simon Ateba

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