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Portland Paints and Products Nigeria Plc Appoints New Managing Director

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Friday, December 8, 2017 / 6:55PM /NSE 

At a recent Board meeting, Mr. Adedamola Olusunmade was appointed as the Managing Director of Portland Paints and Products Nigeria Plc. with effect from 1
st January 2018. Mr. Olusunmade will take over from Mr. Mukhtar Yakasai who has been assigned another Executive responsibility within the UACN Group. Mr. Yakasai however remains on the Board of Portland Paints and Products Nigeria Plc. as a Non- Executive Director. 

Profile of Mr. Adedamola Olusunmade
Mr. Adedamola Olusunmade, a graduate of Chemical Engineering from the University of Benin started his career as an assistant production manager with CAP Plc. in 199. He worked in different capacities as plant Manager, site/utilities engineer, marketing manager, corporate social responsibility and strategy manager and also had oversight functions for quality assurance, research and development, and business process and efficiency. 

He assumed the position of technical operations manager in 2009 before proceeding to UACN plc. Head office as special duties manager on the integration project of UACN/tiger brands JV.
 

Damola had brief stint in paints and coating manufacturers of Nigeria Plc where he was the Escravos Project Lead. He was appointed as country Manager in 2012 for Beckers Industrial Coatings Nigeria Ltd a subsidiary of Beckers Group owned by Lindengruppen, Sweden.
 

At Beckers, Demola was fully responsible for setting up the manufacturing facility for coil and industrial coatings and management of the business. He also had oversight function for the West African Sub Region.
 

Demola is an alumni of Lagos Business School and The Business School, Netherlands and has attended several courses both locally and internationally. Demonal is married to Omoyemi a Legal Practitioner, and has three children. A great sports enthusiast, Demola enjoys supporting his favourite football team Manchester United.
 

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