UACN Appoints Mrs. Funke Ijaiya-Oladipo as CFO, Mr. Ibikunle Oriola Resigns


Friday, December 11, 2020 /  4:41 PM / NSE / Header Image Credit: UAC/Ecographics

The Board of Directors ("Board") of UAC of Nigeria PLC ("UAC" or the "Company") hereby announces the resignation of Mr. Ibikunle Oriola as Group Finance Director of the Company with effect from 31st December, 2020. Accepting the resignation, the Board thanked Kunle for his services and wished him well in his future endeavours.


The Board appointed Mrs. Funke Ijaiya-Oladipo as Chief Financial Officer. Funke is a high-achieving, results-driven, finance professional. She has over 13 years' corporate finance and capital markets experience. With a focus on connecting Africa to the world and the world to Africa, she has advised local and international companies on raising equity capital, mergers & acquisitions, restructurings, and divestments in Nigeria, South Africa and the United Kingdom.


She joined UAC in 2020 as a member of the Executive Committee and recently served as Head of Investor Relations responsible for strategic stakeholder management. Funke deployed her experience to align UAC's capital market activities with its strategic priorities.


Funke began her career in investment banking at Goldman Sachs in London. Her experience also includes working with the Standard Bank Group, where she completed over 25 transactions in 10 years. In Nigeria (Stanbic IBTC Capital), she led the equity capital markets division, executed mergers & acquisitions as a Senior Vice President, and originated cross-border transactions as a Corporate Finance Manager in South Africa.


Funke holds a B.Sc. in Economics and an M.Sc. in Project & Enterprise Management, both from University College London (UCL). She is a CFA charter holder and a member of the advisory board of Sponsors for Educational Opportunity (SEO) Africa, a revenue generating non-profit leadership organization.


Visit UAC of Nigeria Plc IR Page in Proshare MARKETS

Graph - One Year Share Price Movement

 Proshare Nigeria Pvt. Ltd.


Table:  Q2 2020 Unaudited Results

Proshare Nigeria Pvt. Ltd.

Related News

1.              UACN Declares N1.9bn PAT in Q3 2020 Results SP N7.50k ...

2.             UACN Notifies of Dealing in 110.89m Volume of Shares By Blakeney LLP...

3.             ALERT: 24.64% of Total Market Volume Traded on UACN Shares Today

4.             ALERT: 44.52% of Total Market Volume Traded on UACN Shares Today

5.             UACN Notifies of Dealing in 80m Volume of Shares By Blakeney LLP

6.             Custodian Investment Plc Signs Binding Agreement With UACN to Purchase 51% of UAC-PROP

7.             UACN Records N1.15bn PAT in Q2 2020 Results, (SP:N6.80k)

8.            UACN Notifies of Board Meeting Date and Commencement of Closed Period

9.             UACN Notifies of Dealing in 10m Volume of Shares By Blakeney LLP

10.         UAC-PROP Declares N15.9bn loss in 2019 Audited Result;(SP:N0.92K)

11.          UACN Notifies of Dealing in 10m Volume of Shares By Blakeney LLP...

Related News