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3 Directors Leave Notore Chemicals, 3 Others Join

By Dipo Olowookere

Mr Odoliyi Lolomari and two other directors on the board of Notore Chemical Industries Plc have left the company.

While Mr Lolomari retired as a non-executive director of Notore Chemicals, Mr Geoffroy Dedieu and Mr Bernard Longe both resigned their appointments as non-executive directors of the firm.

It was disclosed that their exit from the company was effective from Friday, December 14, 2018.

Mr Lolomari, armed with over 45 years’ experience in the petroleum industry, was a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

He holds a Bachelor’s degree in Physics which he obtained from the University of London in 1960 and a Diploma in Technology which he obtained in 1961 from the Imperial College (DCI) London.

Mr Lolomari is a Fellow of the Institute of Petroleum, London and the Nigerian Mining and Geosciences Society.

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He joined the Board of Notore Chemical Industries Plc April 27, 2007 and has served on the board as a non-executive Director for a period of 11 years.

Among other board roles, Mr Lolomari also served as the Chairman of the Board Audit Committee.

For Mr Geoffroy Dedieu, who joined the board of the company on February 8, 2011, served as a non-executive director for over 7 years.

He also served on the Board Audit Committee and Board Technical Committee.

On his part, Mr Bernard Longe joined the firm’s board on November 17, 2011 and served for 7 years. Among other Board roles, Mr Longe also served on the Board Finance Committee and Board Technical Committee.

In the statement, board expressed its appreciation to the departing directors for their commitment, leadership and extensive contributions to the Company and wished them all the very best in their future endeavours.

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Meanwhile, three new appointments have been made by the board of Notore Chemicals and they are Mr Ovie Ukiri, Mr Olusoii Adekunle Emiola and Mr Tseyi Louis Hammond, all as non-executive directors.

The board said it was confident that the appointment of the above directors to the board would support the continued success of the company and be instrumental in driving the growth strategy of the business.

Mr Ovie Ukiri is a legal luminary with over 28 years’ experience in the legal sector, with a focus on commercial law practice. He is currently the founding partner in Ukiri & Lijadu, a full serviced Corporate and Commercial law practice, specializing in Energy, Oil & Gas, Company Law and Corporate Governance and Compliance Law.

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Mr Ukiri holds a B Soc. Sci. (Hons) Law and Economics from Leeds University and an LLM (Tax Law) from Kings College, London.

He is a member of the Nigerian Bar Association, a fellow of the Chartered Institute of Taxation of Nigeria and is a CEDR accredited Mediator.

On his part, Mr Olusoii Adekunle Emiola is an experienced professional with a successful career in the Insurance Industry. He is currently the Managing Director of TY Holdings Limited, with a mandate to provide strategic leadership, direction and guidance, in line with approved plans.

For Mr Tseyi Louis, he is a finance professional with over 1 7 years’ experience in the finance sector. His career has involved successfully establishing business lines and products through strategic assessment of the financial market.

He is currently a Deputy General Manager at FBNQuest Merchant Bank Limited and possesses a comprehensive understanding of the investment banking capital structures. Mr Hammond is uniquely positioned to provide investment advice across the developed and developing markets.

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Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

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