6th September, 2023
The Board of Directors of PZ Cussons Nigeria PLC has appointed Prof Fabian Ajogwu and Mr Kamar Bakrin as directors.
The appointments were made by the board at its meeting held on Monday, 4 September 2023.
The appointments are subject to ratification at the next Annual General Meeting of the shareholders, said acting company secretary Olubukola Olonade-Agaga.
Fabian Ajogwu is a Senior Advocate of Nigeria and Lagos Business School Professor of Corporate Governance.
He is an Alumnus of the Said Business School of Oxford University, and an Alumnus of the Lagos Business School.
Professor Ajogwu holds a doctorate in Law from University of Aberdeen, Scotland; an MBA from the IESE Business School, University of Navarra, Barcelona; and Law degrees from the University of Nigeria, and the University of Lagos.
He chairs the Novare Group in Nigeria, owners of Novare malls, ARM Harith Infrastructure Ltd, Nigeria’s pioneer infrastructure fund, and NES Global, amongst others, as an Independent Non-Executive.
He is a Non-Executive Director of Stanbic IBTC Holdings Plc and an Independent Non-Executive Director of Guinness Nigeria Plc.
Mr Kamar Bakrin, the second new director was, until recently, Operating Partner at Helios Investment Partners, the largest Africa-focused private equity firm, where he headed the Nigeria office.
Prior to this, he was a Director at the Corporate office of the Nigerian conglomerate, the Honeywell Group, responsible for the Natural Resources and Power Infrastructure businesses.
Mr Bakrin previously served as MD/CEO of Oando Energy Services during which he led the transition to a full oilfield services company.
He was, before that, the Chief Executive of Oando Marketing after having been the Head of Corporate Development of Oando’s Holding company.
Before returning to Nigeria, Kamar was a Consultant with the Boston Consulting Group in the USA and has also worked with Colgate Palmolive, South Africa and Arthur Andersen (now KPMG).
Kamar Chairs the Boards of Arnergy Solar Ltd and Scidar, and serves on the Boards of Polysmart Ltd, Quest Energy Services, owners of Ascon Petroleum and Asiko Energy Holdings.
Mr Bakrin holds a Bachelor’s degree in Agricultural Economics from the University of Ilorin and an MBA from Columbia Business School. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a member of the Institute of Directors, Nigeria.