BERGER Announces Appointment of new Managing Director and Operating Officer

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Wednesday, May 8, 2019 03:20PM / NSE

 

We are pleased to inform our stakeholders and the public, that as part of the Board’s plan to strategically position the business for increased efficiency, the Board of Berger Paints Nigeria Plc has approved changes to the Management team.

In this regard, Mr Anjan Sircar, has been appointed as Managing Director/Chief Executive Officer of Berger Paints Nigeria Plc., effective April 30, 2019.

Mr. Sircar comes with vast experience having served as the CEO of Elite Group of Companies, Bangladesh (Aqua Paints division), Country Director & Head of Berger Paints (Nepal) Ltd., a subsidiary of Berger Paints India Ltd., Director and General Manager, Asian Paints India Ltd, and as Country Director of Kadisco Asianpaints (Subsidy of Asian Paints India Ltd).

Mr. Sircar holds a Bachelor of Science degree from Calcutta University (Ashutosh College) and has attended several management courses at the Indian Institute of Management Ahmedabad. He has also completed Harvard Business School’s ‘Manage Mentor 18 Module’.

Additionally, the Board has also appointed Mr. Tolulope Ogunkolade as the Chief Operating Officer effective May 6, 2019.

Mr. Ogunkolade has almost two decades of proven accomplishments in operations, management, Strategy, business development, energy, infrastructure assets, manufacturing and natural gas utilization infrastructure. He holds a Higher National Diploma with Upper Credit in Electrical and Electronics Engineering from the Federal Polytechnic, Ado-Ekiti, and a Master of Science (M.Sc) Degree in Strategic Engineering Management from the Anglia Ruskin University, United Kingdom. Until his appointment, he was the General Manager, Manufacturing, Income Electrix Limited, Rivers State.

The foregoing is for your information in line with Rule 17.5 and 17.6 of Part 2 (Issuer’s Rules) of the Nigerian Stock Exchange's Rule Book (2015).

 

 

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Table: Unaudited Q1 2019 Results

 

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