VFD Group Plc has announced the appointment of Ibraheem Nahim Abe, current Chairman of Veritas Kapital Assurance, and Hubert Asamoah of VFD Ghana as Non-Executive Directors.
This was disclosed in a notice filed by the company’s secretary, Gbeminiyi Shoda with the NGX on Friday.
In the public notice, Morenike Ominike, the Chief Operating Officer of VFD Group, has also been appointed Executive Director of Operations to the board.
The departure of two Board members: Mr. Adeniyi Adenubi, who will move from Executive Director to Non-Executive Director, and Mr. Femi Akinware was also stated.
According to the statement, Adeniyi Adenubi, the Group’s Executive Director of Investment Management, will become a Non-Executive Director.
In his address, according to Nairametrics, the Chairman of the Board, Mr. Olatunde Busari (SAN) said “We are delighted to welcome our new Board members. Their expertise and diverse perspectives will be instrumental in guiding VFD Group on its continued growth trajectory. We are also grateful to Mr. Akinware for his dedicated service and invaluable contributions to the Group.
“In the same vein, we appreciate the significant contribution and commitment of Mr. Adenubi as an Executive Director and more is expected of him in his new role as a Non-Executive Director.”
Commenting, the Group CEO of VFD Group, Nonso Okpala stated “These appointments are part of our strategic restructuring to ensure that VFD Group remains at the forefront of delivering exceptional value to our stakeholders. By bolstering our Board with experienced and visionary leaders, we are confident in our ability to navigate the evolving financial landscape and capitalize on new opportunities for growth.”
Ibraheem Abe’s portfolio spans communications, finance, energy, and insurance. He now serves as Chairman of Veritas Kapital Assurance Plc and is a director of Veritas Glanvills Pension Limited.
He has recently served as Chairman of Goldlink Insurance Plc, Director and Chairman of Lighthouse Capital Limited, and Non-Executive Director of Emerging Markets Telecommunication Services Ltd (9 Mobile).
