By Dipo Olowookere
The board of directors of PZ Cussons Nigeria Plc has announced the retirement of Mr Christos Giannopoulos as the Chief Executive Officer of the company effective June 30, 2020.
A statement signed by the Company Secretary/Legal Adviser, Jacqueline Ezeokwelume, disclosed Mr Giannopoulos is leaving the position after occupying it for about 11 years.
In 2009, he was picked to head the Nigerian unit of the global organisation and has helped the company achieve some feats, which the board appreciates.
According to the notice sent to the Nigerian Stock Exchange (NSE), Mr Giannopoulos joined PZ Cussons UK in July 1988 and has over the years served in various roles and functions across the business before rising to the position of the Chief Executive Officer in Nigeria in 2009.
“The board thanks Mr Giannopoulos for his service over many years,” the disclosure said.
In order not to create a vacuum, PZ Cussons Nigeria has announced the appointment of Mr Panagiotis Katsis as the new head of the firm in the country.
“Mr Panagiotis Katsis will be appointed as the new Chief Executive Officer of the company effective July 1, 2020,” the statement disclosed.
Mr Katsis joined PZ Cussons Group in 1998 and has worked in a variety of senior roles including General Manager, Commercial and Deputy Managing Director, PZ Cussons Nigeria Plc. He has been Managing Director, HPZ/TEC since 2018.
University of Ibadan Elects Prof Adebowale as 13th VC
By Adedapo Adesanya
Professor Kayode Adebowale has emerged as the 13th Vice-Chancellor of Nigeria’s premier university, the University of Ibadan, Oyo State.
This was disclosed by the Chairman of the institution’s Governing Council, Mr John Odigie-Oyegun, on Thursday at the Senate Chambers in Ibadan.
He said the Joint Council-Senate Selection Board interviewed the eight candidates shortlisted and the Professor of Chemistry, who until his appointment was the Deputy Vice-Chancellor (Administration), was preferred to head the 73-year-old university.
Mr Odigie-Oyegun said: “Two representatives of the Federal Character Commission (FCC) and the representatives of the Federal Ministry of Education were in attendance.
“At the end of the very thorough, transparent and highly competitive exercise, Prof. Kayode Oyebode Adebowale emerged as the best candidate for the position of Vice-Chancellor.
“The Governing Council, at its just-concluded meeting today considered the report of the Selection Board and approved the recommendation of the Board to appoint Professor Kayode Oyebode Adebowale as the next Vice-Chancellor of the University of Ibadan.”
Mr Odigie-Oyegun further said that the position of the VC became vacant on December 1, 2020.
In his acceptance speech, Prof Adebowale said that though, he was not the best among all the candidates, he was happy to have been appointed to the institution’s apex position and called for support from the entire university community for his administration.
The selection came almost a year after the process for the appointment of the 13th substantive vice-chancellor at the University of Ibadan was halted. Sixteen candidates had applied to lead the university.
However, the withdrawal of a former Dean, Faculty of Arts of the same institution, Professor Remi Raji-Oyelade, had reduced the number to 15.
Following a screening exercise by the Governing Council of the university, the number of contestants was pruned to eight on Wednesday.
Those who scaled through the screening on Wednesday included the Acting VC, Professor Adebola Ekanola, Professors Yinka Aderinto; Adebowale; Ademowo and Babatunde Salako.
The process of appointing the 13th vice-chancellor of the university began afresh under the newly appointed Chairman of the institution’s Governing Council.
This was due to various allegations of malpractices by various factions within the university community under the former VC, Professor Idowu Olayinka.
The new race, which commenced in the second week of July 2021, came after the decision on the cancellation of the initial process of the VC race by the new Governing Council of the University.
The initial UI VC race, which started in May 2020, ended on November 23 with the directive from the Federal Ministry of Education, through the Nigerian Universities Commission (NCC), due to various crises that marred the election of members of the Senate representatives.
Senate Confirms Justice Baba-Yusuf as FCT Chief Judge
By Sodeinde Temidayo David
The Nigerian Senate has confirmed the nomination of Justice Hussein Baba-Yusuf as the Chief Judge of the Federal Capital Territory (FCT) High Court.
President Muhammadu Buhari had last week transmitted a letter to the upper chamber of the National Assembly for the confirmation of Justice Baba-Yusuf for the position.
Mr Buhari had explained in the letter that the nomination of the respected legal practitioner was in accordance with the provision of Section 256(1) of the Constitution of the Federal Republic of Nigerian 1999, as amended.
At the Senate, the nomination of the judge was considered and approved following the recommendations of its Committee on Judiciary, Human Rights and Legal Matters headed by Mr Opeyemi Bamidele.
While presenting his report on Tuesday, Mr Bamidele said the judge met all the requirements expected of him.
Mr Baba-Yusuf has been holding the position in an acting capacity since August and is now recognized as the chief judge following the approval.
The development followed the resignation of Mr Salisu Garba as the chief judge of the FCT high court.
The Chief Judge is the highest judicial officer in the state and acts as a chief administrative officer as well as a spokesperson for the judicial branch.
The Chief Judge presides over oral arguments before the court and also has significant agenda-setting power over the court’s meetings.
FG to Deepen Job Creation in Green Economy
By Ashemiriogwa Emmanuel
The Federal Government of Nigeria has drawn attention to the vast provision of job opportunities in the green economy of the country.
It considered the sector’s provision of creating environmentally-friendly jobs in areas such as construction, renewable energy, afforestation, and waste management, which includes e-waste.
The Minister for Labour and Employment, Mr Chris Ngige, who mentioned this at the opening of the 6th Meeting of the National Employment Council, noted that the opportunities presented, especially to youths, in this sector have not been explored enough.
Speaking on the theme Creating Environmental Friendly (Green) Jobs, the Minister, represented by the Director, Employment and Wages, Mr John Nyamale, noted that the government was committed to the large-scale installation of mini-grids and solar home systems.
He said this will be effective in a minimum of five million households not currently on the grid as part of the government’s post-COVID-19 economic recovery plan titled Bouncing Back.
The Minister, in a statement by the Deputy Director, Press and Public Relations in the ministry, Mr Charles Akpan, said that the council will discuss extensively the activities of the federal ministries of Power and Environment, in evolving strategies and innovative ideas to create decent jobs in the green economy.
“This council has the responsibility of following up on the implementation of this plan and making useful recommendations that can deepen job creation in the green economy,” he explained, urging participants to be aware of the presentations from the critical ministries.
Mr Ngige also disclosed that the council would be informed on the implementation of the afforestation program and Nigeria’s Sovereign Green Bonds by the Federal Ministry of Environment.
Like Our Facebook Page
Latest News on Business Post
- How to Make a Premier League Team Profitable October 19, 2021
- Adrian Grenier Joins Panel Discussion about Green Bitcoin October 19, 2021
- CNPP Accuses APC, PDP of Undermining Democratic Growth October 19, 2021
- Osinbajo Lauds US Advocacy on Climate Change October 19, 2021
- Temple Company Seals Marketing Deal With Zee World October 19, 2021
- Google Thrills Android Lovers With Pixel 6, Pixel 6 Pro October 19, 2021
- Contestants to Win N7m in MTN Spelling Bee Contest October 19, 2021
- Eid-el-Maulud: Akande-Sadipe Sues for Peace in Nigeria October 19, 2021
- Apple Rolls Out New AirPods, MacBooks, Processor October 19, 2021
- NCDMB to Complete Four Energy Projects Before Year-End October 19, 2021
Feature/OPED2 years ago
Davos was Different this year
Economy5 years ago
Kwara Disburses N1.7b For Projects
Technology10 months ago
How To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN
Travel/Tourism5 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
Economy5 years ago
How To Identify Fake Naira Notes
Banking3 years ago
Sort Codes of GTBank Branches in Nigeria
Economy4 years ago
FAAC: FG, States, LGs Share N655.18b in January
Economy4 years ago
NSE Market Capitalisation Sheds N76b as Sell‐offs Persist