This is to inform the Nigerian Exchange, all stakeholders and by extension, the general public, that the MD/CEO of Berger Paints Nigeria Plc (BPN), Mr. Anjan Sircar, will be retiring from the Board in line with the Company’s retirement policy and on completion of his three-year tenure as MD/CEO.
The Board remains grateful to Mr. Sircar for his services and dedication to the Company for the entirety of his tenure.
Consequently, in line with BPN’s robust succession planning policy, Mr. Adeyemi Adetomiwa, the Chief Operating Officer, will be replacing Mr. Sircar as Acting Managing Director/Chief Executive Officer effective January 4, 2022.
Mr. Adeyemi Adetomiwa brings on board almost three decades of management experience in the manufacturing industry. He is a Certified Environmental Scientist (National Registry of Environmental Professionals, U S A) and holds a B.Tech Degree in Chemistry from the Ladoke Akintola University of Technology, Ogbomosho.
He joined the services of CAP Plc as an Assistant Production Manager in 2001 and worked in various capacities including Process Support Manager, Planning Manager, and Plant Manager. Between 2011 and 2018, he also served as the Technical Operations Manager (Acting), Quality Assurance Manager, Health, Safety, Environment, and Quality Manager. He joined Berger Paints Nigeria Plc in 2019 as Chief Operating Officer.
The foregoing is for your information in line with Rule 17.5 and 17.6 of Part 2 (Issuer’s Rules) of the Nigerian Stock Exchange’s Rule Book (2015).