The Board of Directors of PZ Cussons Nigeria PLC has appointed Prof. Fabian Ajogwu (SAN) and Mr. Kamar Bakrin as directors.
The acting company secretary, Olubukola Olonade-Agaga, said the appointments that were made by the board at its recent meeting are subject to ratification at the next Annual General Meeting of the shareholders.
Fabian Ajogwu is a Senior Advocate of Nigeria and Lagos Business School Professor of Corporate Governance.
He is an Alumnus of the Said Business School of Oxford University, and an Alumnus of the Lagos Business School.
Professor Ajogwu holds a doctorate in Law from University of Aberdeen, Scotland; an MBA from the IESE Business School, University of Navarra, Barcelona; and Law degrees from the University of Nigeria, and the University of Lagos.
He chairs the Novare Group in Nigeria, owners of Novare malls, ARM Harith Infrastructure Limited, Nigeria’s pioneer infrastructure fund, and NES Global, amongst others, as an Independent Non-Executive.
He is a Non-Executive Director of Stanbic IBTC Holdings Plc and an Independent Non-Executive Director of Guinness Nigeria Plc.
Professor Ajogwu assisted the Securities and Exchange Commission in drafting Nigeria’s pioneer Code of Corporate Governance between 2001 and 2003.
He chaired the Nigerian Communications Commission Committee on Corporate Governance between 2013 and 2014 which produced the pioneer NCC Code of Corporate Governance for the telecommunication sector.
He served on the Financial Reporting Council of Nigeria Committee on the 2018 National Code of Corporate Governance. He chairs the Body of Senior Advocates of Nigeria Committee on Continuing Legal Education.
Professor Ajogwu is a Fellow and Director of the Society for Corporate Governance Nigeria; a Fellow of the Nigerian Institute of Chartered Arbitrators, Fellow of the African Leadership Initiative West Africa, Henry Crown Global Leadership of the Aspen Institute (2009 Class set), Fellow of the AIFA Reading Society, Fellow of the Society for Art Collection, and a member of the Oxford Philosophical Society.
He served on the pioneer board of the Lagos Court of Arbitration between 2010 and 2020 and was Vice-President. He serves on the Governing Council of the Nigerian Institute of Chartered Arbitrators, as its Vice -President.
He served on the Governing Council of the Pan-Atlantic University (Lagos Business School), served as a member of the General Council of the Bar from 2015 to 2020, and the Council of Legal Education (Nigerian Law School) as the statutorily designated Distinguished Legal Author between 2010 and 2018.
Professor Ajogwu is a member of the London Court of International Arbitration, and a member of the Lagos Court of Arbitration, and listed on its panel of neutrals. He is also a member of the International Council for Commercial Arbitration.
Mr. Kamar Bakrin, the second new director was, until recently, Operating Partner at Helios Investment Partners, the largest Africa-focused private equity firm, where he headed the Nigeria office.
Prior to this, he was a Director at the Corporate office of the Nigerian conglomerate, the Honeywell Group, responsible for the Natural Resources and Power Infrastructure businesses.
Bakrin previously served as MD/CEO of Oando Energy Services during which he led the transition to a full oilfield services company.
He was, before that, the Chief Executive of Oando Marketing after having been the Head of Corporate Development of Oando’s Holding company.
Before returning to Nigeria, Kamar was a Consultant with the Boston Consulting Group in the USA and has also worked with Colgate Palmolive, South Africa and Arthur Andersen (now KPMG).
Kamar Chairs the Boards of Arnergy Solar Ltd and Scidar, and serves on the Boards of Polysmart Ltd, Quest Energy Services, owners of Ascon Petroleum and Asiko Energy Holdings.
Mr Bakrin holds a Bachelor’s degree in Agricultural Economics from the University of Ilorin and an MBA from Columbia Business School. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a member of the Institute of Directors, Nigeria.