FRI, MAR 15 2024-theGBJournal| Notore Chemical Industries Plc (Notore) has appointed Mr. Femi Agbaje as the Chairman of the Board of Directors, ”until the Completion of the Company’s ongoing Private Placement Transaction,” Notore said in notification to the Nigerian Exchange Limited (NGX) today.
The appointment takes effect immediately.
Agbaje takes over from General Dr. Yakubu Gowon, who retired from the Board of the Company effective from 28th January 2021.
Until his appointment, Agbaje sits as a Non-Executive Director of the Company, and until September 2018 was the Chief Financial Officer of the Company.
Mr. Agbaje led his team, upon joining the company, in successfully raising $222 million for the rehabilitation of the Notore fertilizer plant located in Onne, Rivers State.
He began his career in 1979 at Peat Marwick Cassleton Elliot & Co, Lagos and later Deloitte Haskins & Sells UK. He obtained his ACCA in 1984 and ACA in 1986.
He continued his accountancy career at Arthur Young Oshindero & Moret between 1984 and 1986, after which he went into Banking; starting at Nigerian-American Merchant Bank in 1986 and leaving the industry in 2006 as Managing Director of Midas Bank
Mr. Agbaje obtained a Bachelor’s degree in History and Political Science from the University of Ife, Osun State, in 1979. He was made an Associate of the Chartered Association of Certified Accountants in 1984 and is currently a Fellow of the Institute of Chartered Accountants of Nigeria.
He was also made a Fellow of the Chartered Association of Certified Accountants, UK in 1990. He currently sits on the Board of FSDH Merchant Bank Limited.
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