The Board of UAC of Nigeria Plc (UAC) has announced that the Group Chief Executive Officer, Mr Abdul Bello, would be proceeding on retirement from 1st January 2019.
Consequently, the board has appointed Mrs. Omolara Elemide, the Executive Director, Corporate Services, as acting Group CEO with effect from January 1, 2019.
The board chairman, Mr Dan Agbor, thanked Mr Bello for his dedicated service to the company and wished him the very best in his future endeavours.
Mrs Elemide, who joined UACN Board on 1st January 2018, is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).
She joined UAC in October 1983 and has worked in various capacities within the UAC Group including Group Audit Manager, Finance Director of UACN Property Development Company PLC from where she joined the Board of CAP PLC as Finance Director/Company Secretary in February 2005.
She was appointed Managing Director of CAP Plc in May 2009, a position she held until December 2017.