Jobs/Appointments
Egbin Power Rewards Employees at 2023 Best Performance Dinner
By Modupe Gbadeyanka
Some employees of Egbin Power Plc have been rewarded with cash prizes, and others at the 2023 Best Performance Dinner, which was held recently.
The star of the night was Benson Akindileni of the Maintenance Planning Department, who emerged as the Best Performing Staff and won a GS4 compact SUV. He was closely followed by Abdullahi Shuaibu of the Mechanical Department smiled home with N5 million, and Omatseye Dasilva of the Procurement Department, who got N3 million for contributing to the growth of the company.
Egbin Power is the largest power generating station in Nigeria and is in the habit of recognising the input of its workers in the development of the business.
“We are proud of our employees, and it is our tradition to reward outstanding performance. Their hard work and dedication have helped our company achieve success and this is a show of our appreciation for their efforts.
“The employees being celebrated here have put together an impressive performance, and they have been able to deliver at an optimal level within the organisation; that is why we are celebrating them as a model to challenge and motivate others,” one of the directors of the energy firm, Mr Kola Adesina, said at the event, which also had Endurance Otaru emerging as the Best Performing Female staff, going home with N5 million.
Further, the Instrumentation & Control (I&C) team was announced as the Best Performing Team and was rewarded with N20 million, while winners in other categories bagged prizes worth between N500,000 and N1 million in recognition of their contributions.
Speaking further, Mr Adesina expressed optimism that the operations of Egbin Power Plc would get better because the initiative would further inspire the workforce as the management will continue to invest in its human capital development to create a pipeline for the kind of leadership needed for future growth and development of the industry.
He pledged that the company would continue to use this platform to drive human capital development further, sustainability and inspire outstanding performance among staff.
On his part, the chief executive of Egbin Power Plc, Mr Mokhtar Bounour, noted that the occasion was part of the company’s tradition to empower and support the employees in driving high performance and celebrating their excellence which yields results for the business.
“The rewards are part of Egbin’s ongoing commitment to creating a positive and supportive work environment that recognizes and rewards employee contributions.
“By recognising their performance for the outstanding results achieved, we further inspire them to greater heights and encourage them to keep working safely,” he said.
He explained that Egbin Power, part of Sahara Power Group, constantly strategizes to drive innovation and promote human capital development and sustainability to improve operations and deliver positive results for the power sector.
“This occasion is about empowering and celebrating our people and the results achieved while also developing human capital and driving sustainable business. We expect these rewards will further boost the motivation of our employees and improve their morale greatly.
“Recognizing and rewarding employees is essential to maintaining a strong, motivated workforce. We want our employees to know that their efforts are valued and appreciated and that we are committed to supporting their growth and development within the organization,” he explained.
A director and representative of the Bureau of Public Enterprise (BPE) on the board of Egbin Power, Mr Abdulazzez Mafindi, commended the organisation’s management for transforming the facility from what it used to be over the years before the takeover.
He urged the management to sustain the transformation and continue to drive performance in the sector by motivating the workforce and recognizing the role the staff play in the growth of the organization.
With an installed capacity of 1,320MW, Egbin is Africa’s largest privately-run thermal plant. The significance of an empowered and collaborative workforce portends great tidings for Egbin as the organisation prepares for its Phase II expansion plan.
By Aduragbemi Omiyale
In line with the 12-year tenure prescribed for non-executive directors of banks by the Central Bank of Nigeria (CBN), Mr Tony Elumelu will on August 21, 2026, cease to be chairman of United Bank for Africa (UBA) Plc.
The board of the financial institution at its meeting on July 6, 2026, has elected Mr Emmanuel Nnorom as the new chairman.
In a notice to the Nigerian Exchange (NGX) Limited, the lender said Mr Elumelu’s successor, a non-executive director of the company, will assume the new role on August 21, 2026.
Mr Nnorom is a chartered accountant with over 40 years of experience in banking, finance and audit. He brings to the role extensive leadership experience and deep institutional knowledge of UBA.
“I am honoured by the trust the Board has placed in me and deeply conscious of the legacy I inherit.
“I look forward to working with my colleagues on the board, management and our staff across all our markets to sustain UBA’s momentum and continue delivering long-term value to our shareholders, customers and stakeholders,” Mr Nnorom stated.
Commenting on his retirement, Mr Elumelu said, “Serving United Bank for Africa has been one of the great privileges of my career.
“UBA has a unique competitive position, across Africa and globally, and I leave the Board with great confidence in UBA’s future.
“Emmanuel Nnorom is a leader of integrity, experience and sound judgement, and I am confident that the Bank will continue to thrive under his leadership.”
The board thanked him for his visionary leadership and exceptional contribution to the growth, transformation and institutional strength of the UBA Group.
By Adedapo Adesanya
WACT-APM Terminals Nigeria has announced the appointment of Mr Courage Obadagbonyi as Managing Director, effective July 1, 2026, succeeding Mr Jeethu Jose and becoming the first Nigerian to hold the post.
The appointment reflects the organisation’s continued focus on developing strong leadership from within its global talent pool while ensuring sustained growth and operational excellence.
A seasoned executive with more than two decades of international experience, Mr Obadagbonyi has held leadership roles across finance, operations and general management at leading global organisations, including APM Terminals, General Electric and Lafarge.
Prior to this appointment, he served as Chief Financial Officer (CFO) for the APM Terminals Nigeria cluster, with responsibility for financial strategy across Nigeria and San Pedro, Côte d’Ivoire.
He also served in an acting capacity as Managing Director of APM Terminals Apapa between 2025 and March 2026, further strengthening his operational leadership experience.
With experience spanning sectors such as oil and gas, power generation, logistics and healthcare, Mr Obadagbonyi brings deep expertise in financial management, risk optimisation and business performance.
Speaking on his appointment, he said, “I look forward to building on the strong foundation already in place at WACT. The terminal plays a critical role in connecting businesses in Eastern Nigeria to global markets, and we will continue to focus on safe, reliable and efficient operations.”
On his part, the Chief Executive Officer of APM Terminals Nigeria, Mr Frederik Klinke, noted that the appointment reflects the company’s commitment to leadership development and long-term growth.
“Across APM Terminals globally, we see strong collaboration and talent development across our teams. This appointment reflects the depth of experience within our organisation and our continued focus on building capabilities that support sustainable growth. Nigerians have continued to distinguish themselves through exceptional performance and leadership. Colleagues from our Apapa and Onne terminals have contributed their expertise internationally while also bringing back valuable best practices to strengthen operations in Nigeria.”
He added that Mr Obadagbonyi’s experience would support the next phase of operational excellence and value delivery at WACT.
The outgoing MD, Mr Jose, said, “It has been a privilege to lead WACT-APM Terminals Nigeria during a period of meaningful progress. The team has built a strong platform for the future, and I am confident in the continued success of the organisation.”
West Africa Container Terminal (WACT)-APM Terminals in Onne, Rivers State, is one of Nigeria’s leading container terminals, having commenced commercial operations in 2006.
The company has continued to invest in capacity expansion and modernisation, including a $115 million terminal upgrade project launched in 2020. The upgrade also includes the deployment of reefer racks with a 600-plug capacity, as well as the expansion of the existing yard, a new workshop, a new terminal auto gate, modernised offices and state-of-the-art technology. These investments have enhanced efficiency, strengthened service delivery and reinforced WACT’s role as an important gateway for trade beyond Lagos.
By Aduragbemi Omiyale
A new member has joined the board of Unilever Nigeria Plc, and she is Mrs Modupe Femi-Okunbanjo, who was appointed as an executive director of the organisation.
Her appointment, according to a statement from the company, is effective June 30, 2026. It followed the resignation of Mr Ibrahim Sodipe as an executive director of the firm with effect from June 30, 2026.
Mr Sodipe was praised for his valuable service and significant contributions to the entity, particularly in driving improved turnover and profitability and supporting Unilever Nigeria’s continued progress towards sustainable and profitable growth.
Mrs Femi-Okunbanjo was described as an accomplished finance and governance leader who, for more than 15 years, has steered finance teams, shaped strategy, and strengthened risk management frameworks in the fast-moving consumer goods and telecommunications sectors.
She is currently the Financial Controller of Nigeria and Regional Controls Lead for West Africa at Unilever Nigeria, where she oversees financial governance, regulatory compliance, and enterprise risk management.
Her work has been pivotal in embedding ethical leadership and data-driven decision-making at board level, while ensuring organisations remain resilient in the face of shifting market dynamics.
The new board member has established a reputation for elevating financial reporting, advancing audit excellence, and strengthening governance frameworks, thereby positioning organisations for sustainable growth and long-term value creation.
In her previous roles, she has a consistent track record of delivering margin expansion, enhancing governance & control environments, and leading transformation in challenging macroeconomic conditions.
She is equally committed to developing future talent and advancing financial literacy among younger generations.
Prior to her joining Unilever Nigeria Plc in 2018, Mrs Femi-Okunbanjo held key roles at UAC of Nigeria Plc, Helios Towers Nigeria, and Makasa Sun Nigeria Limited, where she pioneered control frameworks from the ground up, eliminating revenue leakages, digitising operations and embedding financial discipline.
A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Member of the Chartered Institute of Management Accountants (CIMA), she holds a Bachelor’s degree in Accounting from Lagos State University and an MBA with Specialisation in Strategy from the Edinburgh Business School, Heriot-Watt University, UK.
