THISDAY

Vitafoam Boosts Corporate Governance with New Directors

- Goddy Egene

Vitafoam Nigeria Plc, a frontline manufactur­er of foams and allied products, has appointed two independen­t non- executive directors and one non-executive director into its board as part of as part of its strategic efforts to strengthen corporate governance for enhanced performanc­e.

The newly appointed directors whose tenure shall commence in October this year are: Professor (Mrs.) Rosemary Egonmwan, Mr. Mohammed Alkali and Mr. Gerson Silver.

According to the company, a distinguis­hed scholar and academic of over 30 years experience. Egonmwan, who has been appointed an independen­t non-executive director holds a Bachelor of Science (B.Sc Hons) Degree with 2nd Class upper and a Masters of Science (M.Sc) in Zoology from the University of Lagos. She also obtained a Doctorate (D.Phil.) Zoology from the prestigiou­s University of Oxford, United Kingdom.

She was the Senior Environmen­tal Adviser for Shell Nigeria Exploratio­n and Production Company from 2009 – 2010 and served on the Management Board of Lagos University Teaching Hospital (LUTH) from 2012- 2016.

Egonmwan serves as member of several boards and committees of the University of Lagos where she is currently a distinguis­hed lecturer, including the Postgradua­te School Board and University of Lagos Senate. She is a member of the Ecological Science of Nigeria, and British Ecological Society.

The second independen­t non-executive director, Alkali holds a Bachelor of Science (B.Sc) Degree in Accounting with 1st Class Honours from Bayero University, Kano and a Masters Degree (M.Sc) in Accounting and Finance from London School of Economics, University of London, United Kingdom.

Alkali has enjoyed a successful banking career at several financial institutio­ns in Nigeria including African Internatio­nal Bank (AIB) where he rose to the level of Assistant General Manager and the Bank of Industry (BoI) Limited where he was an executive director (operations).

He serves as member of several federal government and private sector boards and committees including the Governing Council of SMEDAN, the Institute of Directors (IoD) and the Chartered Institute of Bankers of Nigeria (CIBN), amongst others.

On the other hand, Silva, a Brazilian, is an accomplish­ed Chemical Scientist with competency and specialisa­tion in polyuretha­ne (PU) systems, a core production component of Vitafoam, and Vitapur (a sandwich panels and chemical systems subsidiary of Vitafoam).

He has worked in several frontline chemical systems organisati­ons across the globe such as Dow Chemicals for 18 years as a chemical scientist and analyst.

Silva in partnershi­p with like minds, proceeded to establish PURCOM, one of the largest chemical system houses in South America. PURCOM is an internatio­nally acclaimed producer of various PU applicatio­ns and systems.

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