Agbaje Replaces Gowon as Notore Chemical Chairman

By Aduragbemi Omiyale

Notore Chemical Industries has announced the appointment of Mr Femi Agbaje as its new Chairman, replacing Mr Yakubu Gowon, who retired from the position about three years ago.

A statement signed by the company secretary, Mrs Otivbo Saleh, disclosed that Mr Agbaje is not new to the organisation as he had been the financial officer of the firm and a non-executive director.

Business Post reports that Mr Gowon, a former Nigerian leader, retired from Notore Chemical Industries in January 2021, but the company did not announce his successor until last weekend.

“Notore Chemical Industries Plc hereby notifies the Nigerian Exchange (NGX) Limited and the investing public of the appointment of Mr Femi Agbaje as the Chairman of the Board of Directors until the completion of the company’s ongoing private placement transaction.

“Mr Agbaje replaced General Yakubu Gowon, who retired from the board of the company effective from January 28, 2021. The appointment takes effect immediately.

“Mr Agbaje is currently a non-executive director of the company and until September 2018 was the Chief Financial Officer of the company.

“Mr Agbaje began his career in 1979 at Peat Marwick Castleton Elliot & Co, Lagos and later Deloitte Haskins & Sells UK. He obtained his ACCA in 1984 and ACA in 1986.

“He continued his accountancy career at Arthur Young Oshindero & Moret between 1984 and 1986, after which he went into Banking; starting at Nigerian-American Merchant Bank in 1986 and leaving the industry in 2006 as Managing Director of Midas Bank

“Mr Agbaje obtained a Bachelor’s degree in History and Political Science from the University of Ife, Osun State, in 1979. He was made an Associate of the Chartered Association of Certified Accountants in 1984 and is currently a Fellow of the Institute of Chartered Accountants of Nigeria.

“He was also made a Fellow of the Chartered Association of Certified Accountants, UK in 1990. He currently sits on the Board of FSDH Merchant Bank Limited,” the statement stated.