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Oando Appoints NDIC Board Chairman as Independent Director

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Ronke Sokefun NDIC Board Chairman

By Dipo Olowookere

The chairman of the board of the Nigeria Deposit Insurance Corporation (NDIC), Mrs Ronke Sokefun, has been appointed to the board of Oando Plc.

The NDIC board chairman was appointed along with Mrs Nana Fatima Mede as independent non-executive directors effective December 23, 2021, a statement from the energy firm disclosed.

She was chosen to head the board of the NDIC by President Muhammadu Buhari in January 2019 after serving for two terms as Commissioner in Ogun State under the immediate past Governor Ibikunle Amosun.

Mrs Sokefun is a lawyer who has had a sterling career spanning over three decades cutting across different sectors of the economy.

She worked at Ighodalo & Associates from 1990 to 1993 before moving to Aluko & Oyebode as an Associate and became a partner in 2001. Her practice focus was Business Advisory Services and she worked with several blue-chip companies in this regard.

In 2002, she moved to the Oando Group, where within a few years she rose to the position of Chief Legal Officer and also sat on the board of Celtel/Zain (now Airtel) as an alternate director.

She served in this position until 2011 when she became a Commissioner in Ogun State.

Mrs Sokefun is a fellow of the Institute of Directors, a member of the Institute of Chartered Secretaries & Administrators, the Nigerian Bar Association, the International Bar Association, and the Association of International Petroleum Negotiators.

On her part, Mrs Mede is an Accountant by profession and also possesses a certificate in public financial management from the prestigious John F Kennedy School of Government, Harvard University.

She has a vast amount of experience spanning over three and half decades working in the Nigerian public sector in various capacities.

In 1982, after her National Youth Service Corps (NYSC), she joined the Nigerian Television Authority (NTA) Abuja and left in 1991 as a Principal Accountant.

From 1991 to 2007, she worked with the Benue State government and rose to become the Permanent Secretary Treasury/Accountant General.

Mrs Mede moved to the Office of the Accountant General of the Federation in 2007, serving as a Director of Finance and the pioneer Director/National Coordinator of the Integrated Personnel Payroll Information System (IPPIS) and in 2014, she was sworn in as a Federal Permanent Secretary in the Ministry of Environment where she coordinated the formulation of the Nigerian Intended Nationally Determined Contribution (INDC) document on GHG in relation to Climate Change – a document which was presented by the President at the Conference of Party (COP 21) in Paris, 2015.

Afterwards, Mrs Mede was transferred as a Permanent Secretary to the Ministry of Budget & National Planning before gracefully retiring after attaining the mandatory 35 years of service in 2017.

She currently serves as a Technical Consultant to the Minister of State (Budget and National Planning) where she provides high-level technical assistance on Nigeria’s developmental plans. In December 2021, Mrs Mede was appointed a member of the National Judicial Council.

Meanwhile, Oando has announced the resignation of Mr Bukar Goni Aji as a non-executive director of the company with effect from December 23, 2021, and Mr Muntari Zubairu as an executive director with effect from December 23, 2021.

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. Mr Olowookere can be reached via [email protected]

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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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