Nigeria: Lafarge Africa has appointed Adebode Adefioye as its new chairman with effect from 4 June 2020.
He succeeds Mobolaji Balogun, who has decided to retire from the role.
Adefioye, a non-executive director of the company, is the chairman of the board finance and strategy committee, chairman of the board property optimisation committee and a member of the nominations, governance and remuneration committee.
He has also served on the statutory audit committee and the risk management and ethics committee.
Adefioye holds over 32 years experience in different industries and is a graduate of the University of Lagos with Masters of Science degree. He is a member of the Institute of Directors and the Institute of Public Analysts of Nigeria.
He was appointed to the board of directors in late 2012 and currently sits on the boards of Wema Bank and Eterna.
He also resides on the governing council of Bank Directors Association in Nigeria. Adefioye will step down from all board committees of Lafarge Africa on assumption of the role as chairman of the board.
Balogun has worked for Lafarge Africa for over 15 years, having joined the board in 2005. He served for the first 10 years as a non-executive director and was appointed chairman in mid-2015.
Source: Global Cement