AFROMEDIA Appoints Two Non-Executive Directors To Its Board

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Friday, September 13, 2019 /06:25PM /NSE

 

Afromedia Plc (Afromedia or the Company) wishes to notify the Nigerian Stock Exchange (The Exchange), esteemed stakeholders and the general public of the following changes to the composition of the Board of the Company:

With effect from 22nd July 2019, the following persons were appointed to the Board as Non-Executive Directors:

  •             Mr. Kabir Usman
  •             Mr. Lateef Bakare

Mr. Usman holds a B.sc in Mathematics from University of Maiduguri and Master's Degrees in Banking and Finance, and in Business Administration (MBA) from Bayero University, Kano and Manchester Metropolitan University, United Kingdom respectively. He also holds a Post Graduate Certificate in Islamic Banking, Finance and Management from the University of Gloucestershire United Kingdom. Mr. Usman has attended various Leadership and Management courses both local and international, and he is a member of The Chartered Management Institute of England and Wales, United Kingdom.

Prior to his appointment Mr. Usman has over 25 years of cognate Banking and Management Consulting experience with an indepth knowledge and skills in diverse areas spanning, Business Development, Credits and Risk Management, Strategic Marketing, Banking Operations, Internal Audits, Administration, Relationship Management and Branch/Group Management responsibilities.

Mr. Bakare holds a Higher National Diploma in Accountancy from the Yaba College of Technology Yaba, Lagos. He is a Fellow of the Chartered Association of Certified Accountants of U.K (ACCA), Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Fellow of the Business Recovery and Insolvency Practitioners Association of Nigeria, an Associate of the Chartered Institute of Taxation of Nigeria, and a Member of The Institute of Directors (Nigeria) Mr. Bakare holds a Higher National Diploma in Accountancy from the Yaba College of Technology Yaba, Lagos. He is a Fellow of the Chartered Association of Certified Accountants of U.K (ACCA), Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Fellow of the Business Recovery and Insolvency Practitioners Association of Nigeria, an Associate of the Chartered Institute of Taxation of Nigeria, and a Member of The Institute of Directors (Nigeria).

Prior to his appointment, Mr. Bakare has had about 42 years working experience in diverse areas spanning, Corporate Restructuring and Financial re-engineering. He is a founding member of BRIPAN (Business Recovery and Insolvency Practitioners of Nigeria).

The Board and Management of Afromedia PLC are confident that their wealth of experience will be great addition to the existing mix on the Board.

 

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