Berger Paints Plc has announced the appointment of a former staff of International Finance Corporation (IFC), Mr. Victor Olusegun Adeniji as an Independent Non-Executive Director effective February 16, 2021.
Besides, two of the company’s independent and non-executive Directors, Chief Musa Danjuma and Chief Nelson Nweke would be retiring after this year’s Annual General Meeting (AGM), having served the company meritoriously.
A statement signed by the Company’s Secretary and Legal Adviser, Mr Ayokunle Ayoko, indicates that Mr Adeniji’s appointment would be ratified by the shareholders at the next AGM.
Ayoko noted that Adeniji would bring on board, almost four decades of extensive financial services sector experience, encompassing multilateral development finance, investment banking and asset management at top-flight institutions, most notably The World Bank/International Finance Corporation (IFC).
“ Adeniji is the Chief Executive Officer of TechnoFuture Nigeria Limited, a Lagos-based technology skills training company and West Africa franchisee for an innovative Canadian e-learning product. He recently co-founded Communities United to Remove Epidemics (the CURE Initiative), a nonprofit that operates in the public health space.
“ He is the co-author of Economies of Help: The Concept Behind the Consortium for Humanitarian Intervention (International Psychology Bulletin, June 2015).
Adeniji studied Economics at Pembroke College, Cambridge University, where he earned BA and MA degrees in 1986 and 1990, respectively.
“ In 2002, he served as a member of the Nigerian Securities and Exchange Commission Committee on Corporate Governance that drafted a muscular corporate governance code for listed companies. In 2001 he was nominated as one of the 100 Global Leaders for Tomorrow by the World Economic Forum.”, Ayoko said.