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Board Hires Adeoye Fadeyibi to Reposition AEDC for Efficiency

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Adeoye Fadeyibi

By Adedapo Adesanya

The management of Abuja Electricity Distribution Company (AEDC) has poached the Managing Director of Eko Electricity Distribution Company (EKEDC), Mr Adeoye Fadeyibi, hiring him as its new Managing Director/Chief Executive Officer.

The appointment was announced by the Chairman of the Board of AEDC, Mr Victor Osadolor in a statement issued in the capital city.

Mr Osadolor said Mr Fadeyibi, a turn-around manager with more than 20 years of executive management experience, succeeds Mr Akinwumi Bada, who served as the company’s Interim Managing Director.

He was also the pioneer Managing Director at Transcorp Power Ltd, Ughelli, Delta where he ramped up the generating company’s performance from 164MW to 634MW in 25 months.

He joined Transcorp Power from General Electric where he had held several strategic roles with oversight for the Middle East and Africa.

“A fellow of several professional bodies, Fadeyibi obtained his Bachelor’s degree in Mechanical Engineering from the State University of New York, SUNY Buffalo.

“And the General Electric Power Systems University in Schenectady, New York, where he completed his training in turbine power systems and applied knowledge.

“This he obtained toward developing the Global Turbines/Generator Field resources,” he said.

AEDC also announced the appointment of Mr Kassim Burkullu as its new Chief Technical Officer (CTO), replacing Mr Oluwafemi Zacchaeus who had served as the Interim Chief Technical Officer (CTO).

Mr Burkullu, a seasoned engineer and energy industry expert, brings over 25 years’ cognate experience spanning several sectors to bear.

He joined AEDC from Kano Electricity Distribution Company (KEDCO) where he was Head of Corporate Technical Operations Services.

The Chairman of the Board of AEDC, who spoke on the new appointments, stated that: “We are very delighted that both Fadeyibi and Burkullu are joining our company.

“They are bringing with them exceptional abilities and invaluable industry expertise. They will effectively complement the composition of the management team already in place.”

“These appointments are necessary steps in positioning AEDC toward efficiency in customer service delivery and ensuring the effectiveness of turnaround embarked upon by the new management of the company.

“We are convinced that with a combined industry experience of over five decades, the new executives are very capable of meeting the yearnings of millions of our customers who seek seamless power services,” he said.

Also commenting on his appointment, Mr Fadeyibi said, “I must commend the management of AEDC and the previous managing director for the work done so far.

“I also commend the company for the confidence reposed in me to help achieve the goals of this great organisation.

“I have studied the strategic focus of this business and with the full support of the board, we are sure to meet and even surpass our expectations for this great company.”

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Jobs/Appointments

Board Picks Malolan Sampath as Champion Breweries CEO After Adoga’s Exit

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Malolan Sampath

By Aduragbemi Omiyale

Mr Malolan Sampath has been appointed as the new chief executive of Champion Breweries Plc, effective September 1, 2026.

The appointment of a new chief executive was approved by the board of the brewery giant following the resignation of Mr Inalegwu Adoga.

To ensure continuity during the transition pending Mr Sampath’s assumption of office, the board has appointed Mr Rasheed Ademola Adebiyi, Executive Director of Finance, to take charge of the affairs of the organisation.

In a statement, the board said it remains committed to the highest standards of corporate governance and to delivering a seamless leadership transition and sustainable value to shareholders and other stakeholders.

The new Sheriff in town, expected to take over next quarter, was described as an accomplished executive with over 26 years of international leadership experience across the beverage, FMCG, manufacturing and agro-industrial sectors, having built and led businesses up to $500 million in scale.

His beverage and brewing experience includes serving as Managing Director of Unique Beverages in Angola and as Sales & Marketing Director for a PepsiCo bottling franchise, in addition to earlier brewing-sector experience.

Most recently, he held the dual role of Managing Director (NPK Joint Venture) and Chief Marketing Officer at Indorama Eleme Fertilisers in Nigeria and previously served as Chief Executive Officer of Global Industries Limited, a Wilmar International joint venture in Zambia.

He holds a Postgraduate Diploma in Management (MBA) from the Symbiosis Centre for Management & HRD, Pune, and a Bachelor of Business Administration from the University of Chennai.

The board expressed confidence that his expertise in manufacturing excellence, commercial execution and business transformation will support the company’s strategic objectives and long-term growth.

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Julius Berger Appoints Muiz Banire, Chinazo Okoye to Board

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muiz banire

By Aduragbemi Omiyale

Erudite legal practitioner, Mr Muiz Banire (SAN), has been appointed to the board of a construction giant, Julius Berger Nigeria Plc.

He joins the board of the organisation as a non-executive director, with effect from July 1, 2026, alongside Mrs Chinazo Okoye, who is an alternate director to Dr Ernest N. Azudialu-Obiejesi.

A statement from the company secretary, Ms Cecilia Ekanem Madueke, said Mrs Okoye is a graduate of the University of Michigan, Ann Arbor, Michigan, USA, and holds a Bachelor of Science in Mechanical Engineering, Master of Engineering Degree in Mechanical Engineering from the Cornell University, Ithaca, New York, USA, and a Master of Science Degree in Professional Accountancy from the University of London, London, UK.

She is a Chartered Certified Accountant (ACCA) of the Association of Chartered Certified Accountants. She has worked in various positions in various companies and is currently the Managing Director of Amaranta Trading Limited.

As for Mr Banire, he is a graduate of the University of Lagos and holds a Master of Laws Degree as well as a Doctor of Philosophy Degree from the same university.

He was called to the Nigerian Bar in 1989. He also holds a Master Certificate in the Arbitration Master Course from the Lagos Court of Arbitration Training Institute. He was admitted to the Inner Bar and conferred with the rank of Senior Advocate of Nigeria (SAN). He is a Member of the International Bar Association, the Institute of Chartered Secretaries and Administrators, an Associate Member of the Chartered Institute of Arbitrators, a Fellow of the Institute of Transport Administration of Nigeria, and the Nigerian Institute of Management. He is registered with the Law Society of England.

He had served in various capacities in the Legal profession, academic community and publicly. He was conferred with the National Honour of the Officer of the Order of the Niger (OON).

He is the Founder and Principal Partner, M. A. Banire & Associates, Member of the Board of Trustees, Fountain University, Osogbo, Osun State, and Pro-Chancellor of the University of Uyo, Akwa Ibom State.

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Access ARM Pensions Appoints Sa’adu Jijji as Chief Executive

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Sa’adu Jijji

By Adedapo Adesanya

Access Holdings Plc appointed Mr Sa’adu Jijji as the new chief executive of Access ARM Pensions Limited, its pension subsidiary.

The appointment has received all necessary regulatory approvals, including the board of Access ARM Pensions, reflecting the group’s continued focus on deepening leadership capacity across its subsidiaries and reinforcing its position in Nigeria’s pension industry.

Mr Jijji obtained a Master of Business Administration (MBA) from the Saïd Business School, University of Oxford and a bachelor’s degree in Business Administration.

He is a seasoned executive with over two decades of experience in the financial services sector, spanning pension fund administration, investment management, actuarial consulting, and corporate strategy.

Mr Jijji has held senior leadership roles at Premium Pension Limited, Alexander Forbes Consulting Actuaries Nigeria and Pension Alliance Limited (PAL Pensions), where he served as acting managing director.

Also, his appointment underscores Access Holdings’ commitment to delivering long-term value to retirement savings account holders and other stakeholders, while advancing its broader strategy of building globally competitive financial services businesses.

In 2024, Access Pensions Limited acquired a majority stake in ARM Pensions Managers Limited to create Nigeria’s second-largest Pension Fund Administrator by Assets Under Management.

At the time, the then-Group Chief Executive, Access Holdings, Mr Herbert Wigwe, said, “We are pleased to have reached this transformative milestone in our pension fund administration journey. The proposed combination of ARM Pension with Access Pensions will not only create sustainable stakeholder value but will also contribute positively to the growth and development of the pension industry.”

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