Nigerian Exchange Limited (NGX) and the investing public have been notified of the recent appointment of Mrs. Yemisi Lowo-Adesola as an Independent Non-Executive Director of BUA Foods Plc (the Company). The appointment was made during the Board of Directors’ meeting on 27th July 2023 and is set to take effect on 1st August 2023, pending the ratification of members at the upcoming Annual General Meeting.
Mrs. Yemisi Lowo-Adesola brings with her over 30 years of extensive experience in the banking and finance sector across Sub-Saharan Africa. Her expertise spans various functional areas, including Corporate & Institutional Banking, Correspondent Banking, Developmental Finance, Investment Banking, and Private Equity.
Currently serving as the Managing Director of CedarLink Advisory & Management Services Limited, Mrs. Lowo-Adesola previously held several senior management roles at Standard Chartered Bank for a period of nine years. Her tenure culminated in the position of Managing Director & Regional Head of Financial Institutions for Africa, where she oversaw a multi-culturally diverse team across fourteen Sub-Saharan African countries.
Throughout her illustrious career, Yemisi Lowo-Adesola held significant roles at prominent organizations, including the International Finance Corporation (a member of the World Bank Group), First Bank of Nigeria Group, Investment Banking & Trust Company Limited (now Stanbic IBTC Plc), and Vee Networks Limited (now Airtel Nigeria Limited).
Mrs. Lowo-Adesola is an accomplished professional with an impressive educational background. She holds a BSc (with honours) from Obafemi Awolowo University, Ile-Ife, Nigeria, and an MBA from Cranfield University School of Management in the United Kingdom. Furthermore, she is a distinguished Fellow of the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Stockbrokers. Her pursuit of excellence has led her to undergo executive development training at prestigious institutions such as the London Business School, INSEAD, Wharton Business School, and Harvard Business School.
The appointment of Mrs. Yemisi Lowo-Adesola as an Independent Non-Executive Director is expected to strengthen the board’s expertise and contribute to the Company’s continued growth and success. As the appointment awaits ratification at the Annual General Meeting, BUA Foods Plc remains confident in the valuable contributions that Mrs. Lowo-Adesola will bring to the organization.