UAC of Nigeria names Funke Ijaiya-Oladipo as its new Chief Financial Officer

NIGERIA – UAC of Nigeria Plc, a leading diversified company operating in the food &beverage, animal feed and Quick Service Restaurant sector has appointed Funke Ijaiya-Oladipo as Chief Financial Officer replacing Mr Ibikunle Oriola, who has tender in his resignation in the company with effect from December 31, 2020. Accepting the resignation, the board thanked Oriola for his services and wished him well in his future endeavours. “The successor, Ijaiya-Oladipo, is a high-achieving, results-driven, finance professional. She has over 13 years’ corporate finance and capital markets experience,” indicated UAC. She…

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UAC Nigeria Plc Appoints Folasope Aiyesimoju as new Group MD/CEO

NIGERIA – The United Africa Company of Nigeria Plc (UAC), parent company of Grand Cereals Ltd and UAC Foods Limited, has appointed Mr Folasope Babasola Aiyesimoju new Group Managing Director/Chief Executive Officer. According to a statement made by the board of directors of UAC of Nigeria Plc in a notice to the Nigerian Stock Exchange (NSE) Mr Folasope Aiyesimoju will assume the position effective April 1, 2019. Before his appointment, Mrs Omolara Elemide had been holding the position as the Acting general managing director and CEO since January 2019. Mr…

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Nigeria UAC Appoints Ibiyinka Oriola as new group finance director

NIGERIA – The United Africa Company of Nigeria PLC (UAC), the parent company of UAC Foods Limited has appointed Mr. Ibikunle Ibiyinka Oriola as the Group’s Finance Director. Mr. Oriola is a seasoned professional with 17 years’ experience gained from diverse functional roles spanning finance, strategy, risk management and corporate finance. He has provided strategic finance leadership, driving transformational and growth agenda of conglomerate businesses spanning several sectors such as hospitality, real estate, power, agriculture and asset/funds management. In the past, Mr. Oriola has worked as Group Chief Finance Officer…

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Nigeria’s quick service restaurant Mr. Bigg’s launches new outlet

NIGERIA- Nigeria’s quick service restaurant Mr Bigg’s and subsidiary of United Africa Company (UAC) of Nigeria, has opened an outlet in Ogun States as part of its expansion strategy, reports This Day. Speaking during the launch of the outlet, Mrs. Joan Ihekwaba, UAC Restaurants’ managing executive said the restaurant features spacious design with its menu aimed at ensuring consumer satisfaction. “The use of comfy seats and flush tables to depict different seating arrangements that accommodate various consumers’ profile, family and individual seating add to the splendour of the new outlet,”…

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