UAC appoints non-executive directors

UAC of Nigeria PLC (UACN) has announced the appointments of Mr Folasope Babasola Aiyesimoju and Mrs Olufunke Ighodaro as NonExecutive Directors of the Company.

Mr Peter Benedikt Mombaur would serve as the alternate Director to the new nonDirectors.

Mr Aiyesimoju, finance professional, has vast experience spanning corporate finance, principal investing and private equity in Sub-saharan Africa’s most important economies. He holds a B (Hons) degree in Estate Management from the University of Lagos, where he was awarded a Certificate of Excellence in Real estate development and finance, and earned the right to use the CFA designation in 2006. Mr Aiyesimoju is the founder of Themis Capital .Sc. Management, an investment firm focused on concentrating capital and talent on highpotential opportunities in Sub-saharan Africa.

Mrs Ighodaro is an astute and experienced business leader with considerable experience in executive as well as nonexecutive leadership positions with some of Africa’s most successful companies. She holds a B.SC. (Hons) degree in Operational Research from Salford University and is a Fellow of the Institute of Chartered Accountants in England and Wales.

Mr Mombaur is an investor and entrepreneur with professional experience in SubSaharan Africa, Western Europe and North America. He has lived and worked in Nigeria for seven years and overseen investments for over a decade.