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Subramaniam Replaces Cunningham as FedEx Express President/CEO

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Subramaniam Replaces Cunningham as FedEx Express President/CEO

By Dipo Olowookere

From January 1, 2019, FedEx Express will have a new President and Chief Executive Officer (CEO), the company has announced.

Mr Raj Subramaniam will from that day occupy the position as the present occupier, Mr David L. Cunningham, retires from the firm from December 31, 2018.

Mr Subramaniam, currently executive vice president, chief marketing and communications officer of FedEx Corporation, will succeed Mr Cunningham effective January 1, 2019.

Mr Cunningham began his FedEx career in 1982 in operations at the FedEx Express World Hub in Memphis, Tenn. Over his more than 36-year career, he held numerous leadership positions across the FedEx Express operating company in multiple regions, including chief operating officer and president – international, FedEx Express Asia Pacific chief financial officer, and regional president of the Asia Pacific region.

Most recently as president and CEO of FedEx Express, Mr Cunningham has been responsible for the leadership and direction of the FedEx Express group, which includes FedEx Express and TNT.

Mr Subramaniam has been with FedEx for more than 27 years and has held various executive level positions in several of our operating companies and international regions. He began his career in Memphis and subsequently moved to Hong Kong, where he oversaw marketing and customer service for the Asia Pacific region.

He then took over as president of FedEx Express in Canada before moving back to the US as senior vice president of international marketing. He was then promoted to executive vice president of marketing in 2013 at FedEx Services, prior to being named executive vice president and chief marketing and communications officer at FedEx Corporation in 2017.

“Throughout David’s distinguished 36-year-career at FedEx, he has contributed to the growth of our company around the globe, and we wish him the best in his retirement,” said David J. Bronczek, president and chief operating officer, FedEx Corporation. “Raj’s global vision and broad experience make him uniquely qualified to lead our largest operating company. We look forward to the continued growth of FedEx Express within our global portfolio as Raj takes on this critical role.” Brie Carere, a more than 17-year FedEx veteran, will succeed Mr Subramaniam as executive vice president, chief marketing and communications officer of FedEx Corporation.

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 dipo.olowookere@businesspost.ng

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ECOWAS Trade Network Re-elects Nigeria’s Yakusak Ezra as President

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Yakusak Ezra

By Adedapo Adesanya

The Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mr Yakusak Ezra, has been re-elected as the President of ECOWAS Trade Promotion Organisations (TPOs) Network in Accra, Ghana.

With the election, Mr Ezra is to serve another one-year tenure and will lead 15 other member ECOWAS countries in driving trade within the sub-region.

A statement signed by Mr Ndubueze Okeke, Head, Corporate Communications of NEPC said Mr Ezra’s re-election was also in line with Article 11 of the ECOWAS TPO Network.

“The ECOWAS Trade Promotion Organization is a network of all Trade Promotion Organizations in West Africa established by the decisions of the Council of Ministers at the Ordinary Session.

”Nigeria became the pioneer president in April 2021. Dr Ezra became the president following the expiration of the tenure of Mr Awolowo as ED/CEO of NEPC.

”The re-election of Dr Ezra was at the end of 2nd Annual General Meeting of the Network held at Alisa Hotel, Accra, Ghana from 19th – 20th May 2022.

”He was re-elected along with the vice president, Mr Ben Guy Mbangue from Cote’ D’Ivoire.

“The duo constitute the Executive Bureau of the Network and the tenure expires after one year. All members present unanimously re-elected the President and Vice President respectively,” the statement said.

ECOWAS TPO Network is a public-sector led entity and will work in partnership with the ECOWAS commission to drive inclusive trade development initiatives within West Africa and beyond.

The body is part of steps towards building mutual trust and cooperation without borders within the ECOWAS region. As of today, intra-Africa exports only account for about 16 per cent of Africa’s global export, and more specifically intra-ECOWAS trade only accounts for a tenth of ECOWAS countries’ global trade.

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FG Names Anamekwe Nwabuoku as Acting Accountant General

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Anamekwe Nwabuoku

By Aduragbemi Omiyale

Mr Anamekwe Nwabuoku has been appointed by the federal government as the acting Accountant General of the Federation (AGF).

The appointment of Mr Nwabuoku followed the suspension of Mr Ahmed Idris from office after the Economic and Financial Crimes Commission (EFCC) arrested him over an alleged N80 billion.

Last Monday, the anti-graft agency apprehended Mr Idris after his failure to honour an invitation extended to him over the matter.

He was taken into the EFCC custody to answer questions about the alleged fraud and to ensure an “unhindered investigation,” the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, asked him to step aside.

This action led to the postponement of the monthly Federal Account Allocation Committee (FAAC) last week as the embattled AGF leads the gathering.

In order not to create a vacuum, the federal government has asked Mr Nwabuoku to head the office in an acting capacity pending the outcome of the probe into the fraud allegation against Mr Idris.

His appointment was confirmed in a letter dated Friday, May 20, 2022, and signed by the Permanent Secretary in the Federal Ministry of Finance, Budget and National Planning, Mr Aliyu Ahmed.

According to the notice, the acting AGF is expected to carry out his duties in strict compliance with extant rules and observe the highest sense of professionalism.

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Semiu Adeniran Becomes Nigeria’s Statistician-General, NBS Chief

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Semiu Adeniran Nigeria's statistician-general

By Modupe Gbadeyanka

A professional statistician, Mr Semiu Adeniran, has become the substantive Statistician-General of the Federation and Chief Executive Officer (CEO) of the National Bureau of Statistics (NBS).

The appointment of Mr Adeniran was approved by President Muhammadu Buhari, a statement signed on Friday by Sufuyan Ojeifo, the Special Assistant on Media to the Minister of State for Budget and National Planning, Mr Clem Agba, disclosed.

The new Nigeria’s statistician-general was selected for the job following the death of the former occupier of the position, Mr Harry Simon on April 13, 2022.

According to the statement today, prior to his new appointment, Mr Semiu was the Director of Demographic and Household Statistics at the stats office.

The new NBS CEO has over three decades of statistical hands-on experience garnered from various local and international institutions and has a bias toward Demography and Social Statistics.

It was stated that the appointment is with immediate effect.

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