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UAC-PROP Announces the Resignation and Appointment of Directors

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Friday, December 06, 2019 / 04:15 PM / NSE / Header Image Credit: LinkedIn

UACN Property Development Company Plc ("the Company") wishes to announce then resignation of Mrs Adeniun Taiwo from the Board of directors ("the Board") of the Company with effect from January 10, 2020. Mrs. Taiwo had served the Company in various capacities and most recently, the Executive Director, Head, Facilities Management. The Board in accepting the resignation appreciated her contributions to the Company over the years and wished her all the best in her future endeavor.

The Company is pleased to announce the appointment of two new Directors to its Board. They are Mrs. Deborah Nicol-Omeruah and Mr. Oyekunle Osilaja.

Brief Profile of Mrs. Deborah Nicol-Omeruah

Mrs. Deborah Nicol-Omeruah, who has been appointed as the Deputy Managing Director of the Company with effect from 3^rd December 2019, has over 15 years' experience in real estate and banking with specialization in Property Development, Finance & Acquisitions; Mortgages; Private Banking and Investment Planning in the United Kingdom and across Africa. Her prior leadership roles include Account Director for Broll Property Group; Chief Operating Officer for Landmark Africa and Head, Property Finance and Acquisitions for Stanbic IBTC Bank.

Mrs. Nicol-Omeruah is a Real Estate Professional and a Certified Mortgage and Financial Adviser (CeFA, CeMAP) by the Institute of Financial Services in the United Kingdom. She is a recognized industry expert in the Nigerian mortgage and real estate development market. She holds a BArch Architecture from the University of Nottingham.

Brief Profile of Mr. Oyekunle Osilaja

Mr Oyekunle Osilaja, who has been appointed as a Non-Executive Director with effect from January 13, 2020, has a wealth of experience in the real estate sector. In his immediate past role, he was the Group Head of Real Estate for Ecobank Transnational Inc. (ETI) and Head, Ecobank Capital, Nigeria. Before joining ETI in 2012, he spent most of his professional career in Jones Lang LaSalle Corporate Finance in London as Executive Director covering advisory, debt and structured finance. Mr Osilaja has amassed a considerable track record of closing big ticket corporate real estate advisory debt transactions, including, inter alia, arranging a capex facility for Four Season Hotel in Milan; acquisition finance for The Adelphi building in London West End and; the quasi securitization development facility for Civil Justice Centre in Spinningfields, Manchester. He holds a BSc (Hons) from the University of Lagos, Nigeria and has attended various management courses in INSEAD and Warwick University, United Kingdom.

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