Notore Chemical Industries Plc has appointed Ohis Ohiwerei as Group Managing Director and Chief Executive Officer after Mr Onajite Okoloko retired on January 31, 2021.
The firm has also notified the Nigerian Stock Exchange (NSE), its shareholders and the general public of the changes in its management cadre.
Notore is Africa’s first indigenous urea fertilizer producer in sub-Saharan Africa including South Africa.
It said Okoloko retired after serving in the capacity for 16 years and will remain on the board as a non-executive director.
Ohiwerei, a former Executive Director and Deputy Managing Director, took over on February 1, 2021. Before he joined Notore on September 17, 2018, he served in executive capacities in Guaranty Trust Bank and former Diamond Bank (now part of Access Bank).
The firm also appointed Mr Ebiaho Emafo as an Executive Director and Chief Operating Officer effective February 1, 2021. He has over 25 years of experience.
Mr Tijjani St. James assumes office as Chief Commercial Officer of the company also from the same date. It is a new office which replaces the Group Head, Commercial Services.
The company also said Nigeria’s former Head of State, General Yakubu Gowon (retired) has retired as the board chairman as of January 28, 2021, in compliance with the company’s retirement age policy for directors.
The new board and management team are expected to push forward with the company’s ongoing Turnaround Maintenance (TAM) programme, which is billed to boost revenue, cash-flow, productivity and profitability.
They are also to lead the firm’s diversification drive, especially in the production of seeds, NPK and rice.
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