Berger Paints Plc has named Adeyemi Adetomiwa acting Managing Director, according to a statement submitted to the Nigerian Exchange on Tuesday.
The company informs the Nigerian Exchange, all stakeholders and by extension, the general public, that its MD/CEO 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.
It said in line with its existing 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, US and holds a B.Tech Degree in Chemistry from the Ladoke Akintola University of Technology, Ogbomosho.
Adetomiwa 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.
The company said 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.
Berger Paints said it issued this 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).