U.A.C of Nigeria Plc appoints Khalifa Biobaku as Non-Executive Director, Ayomipo Wey as Company Secretary

NIGERIA – UAC of Nigeria Plc, a leading diversified company operating in the food &beverage, animal feed and Quick Service Restaurant sector, has appointed Mr. Khalifa Biobaku as a Non-Executive Director.

Mr. Biobaku is a seasoned finance and investment professional with two decades of experience spanning investment banking, fund management and private equity across Europe, the Middle East and Africa.

He has extensive experience in strategy development and execution, capital raising, corporate actions and restructurings, commercial negotiations and effective team building.

Currently, he is a director in Themis Capital Management, and the Founder of Dalio Property Development Limited, an active real estate investment company in Nigeria with 5.29% holding in UAC, and newAGE_Northstar 1, a UK LLP which actively invests in Africa’s digital economy with investments in Flutterwave Inc and Alerzo Pte Limited.

Mr Biobaku is also the Co-Founder and Director of GPMT Nationwide, an active real estate investment company.

For almost 10 years, he was co-Managing Partner of Blakeney Management, London, a specialist emerging markets investment firm with over US$2bn assets under management.

He has worked in Goldman Sachs International, London; Morgan Stanley International, London; Davidson Kempner Partners, London.

ADVERT

Mr. Biobaku is a graduate of Real Estate, Economics and Finance from the London School of Economics and obtained MA (Hons) in Engineering, Economics and Management from Kebble College, Oxford University.

UAC names new Company Secretary

His appointment follows the naming of Ms. Ayomipo Wey as the company’s new General Counsel/Company Secretary.

As the Group General Counsel/Company Secretary of UACN, Ayomipo will guide and advise the Company and the Board in ensuring full compliance with Legal, Governance, Secretarial and regulatory requirements whilst coordinating the Legal, Governance and Secretarial activities of all the Group companies.

ADVERT

She is currently the General Counsel/Company Secretary of Chemical and Allied Products Plc (“CAP Plc”), a position she has held since September 2019.

In addition to her role in CAP Plc, Ayomipo concurrently served as the Company Secretary/Legal Adviser of Portland Paints and Products Nigeria Plc until June 2020.

Ayomipo holds a Bachelor of Laws (LLB) from the Lagos State University Ojo, Lagos, and obtained a Master of Laws (LLM) (with distinction) from Queen Mary, University of London in 2011.

She has extensive legal, company secretarial, compliance and corporate governance experience spanning over fourteen years.

Ayomipo was the Assistant Group General Counsel of United Capital Plc from June 2015 to August 2019 and had her formative legal years in the prestigious firm of Banwo & Ighodalo where she spent over seven years gathering extensive and invaluable knowledge and experience in the legal aspects of corporate finance, mergers and acquisitions, corporate restructurings, corporate governance and company secretarial practice.

She is a Member of the Institute of Chartered Secretaries and Administrators (UK) and the Nigerian Bar Association.

She has taken over from Ms. Nkemdirim Agboti who resigned as UACN’s Company Secretary/General Counsel effective February 1, 2022.

Liked this article? Subscribe to Food Business Africa News, our regular email newsletters with the latest news insights from Africa and the World’s food and agro industry. SUBSCRIBE HERE

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.