By Modupe Gbadeyanka
Four new persons have been appointed to the board of directors of a Nigerian consumer-packaged-goods company, Rite Foods Limited.
A statement from the company explained that the appointments were part of a strategic move to position the business for accelerated growth and improve the organisation’s market presence as it takes giant strides into the next phase of its growth strategy.
The appointees are Mr Kunle Elebute and Isa Mohammed Inuwa as Independent Non-Executive Directors, Raheem Owodeyi as a Non-Executive Director and Dr Kehinde Onijingin as an Executive Director.
The new board members are expected to use their vast experience to support the growth ambition of the company.
The Chairman of Rite Foods, Dr Sulaiman Adebola Adegunwa, said he’s “delighted to welcome a distinguished and experienced group of individuals to the board of directors.”
“The collective intelligence, expertise and experience of the new Board members, working with the old members of the board will be instrumental to guiding Rite Foods to new heights of success,” he stated.
He expressed confidence that Rite Foods will capitalise on the collective expertise and industry insights of the new directors to achieve great milestones.
Mr Elebute is a chartered accountant with over 40 years’ experience in consulting. He was Senior Partner/CEO of KPMG Nigeria and Chairman of KPMG West Africa. He has served on the board of several not-for-profit organisations.
On his part, Mr Inuwa is a former Deputy Managing Director of Nigeria Liquefied Natural Gas Limited and former Chief Operating Officer/Executive Director, Support Services at the Nigerian National Petroleum Corporation (NNPC) where he retired.
Mr Inuwa, with experience spanning over 35 years, has a degree in Accounting and Masters in Accounting and Finance. He has served on the Boards of many organisations in the Education, Banking, Food & Beverage, and Oil & Gas industries.
As for Mr Owodeyi, he is an Economist and is currently an Executive Director/Chief Operating Officer of Sterling Bank Ltd. He comes with over 32 years of experience in the Financial Services Industry.
For Mr Onijingin, he is currently the Chief Operating Officer at Rite Foods. He has two doctorate degrees in Human Resource Management and Strategic Management and comes with over 21 years of experience in manufacturing and financial services.
