By investadvocate

Dec 07 2010 17.12 GMT

 

Portland Paints & Products Nigeria Plc (PPPN) operating in the Chemical and Paints sector of the Nigeria Stock Exchange (NSE) has appointed a new Executive Director (ED).

 

This was contained in a notice to the Exchange by the Paint Manufacturing firm Tuesday December 07 2010 and made available to investadvocate in Lagos Nigeria.

 

The Company notified The Exchange that Victor Bamidele Adewumi has been appointed as an ED on its Board, effective Thursday September 02 2010.

 

Adewumi, until this appointment was the Controller of Sales and Marketing in the Company. He holds a B.Sc. Degree in Bio-Chemistry and a Masters Degree in Analytical Chemistry all from the University of Ibadan, Oyo State.

 

He has held several management positions in IPWA Plc and has attended several courses in Nigeria, India and the United Kingdom. He is 47 years old and is married with two children.

 

In the same vein, MTI Plc operating in the Information and Communications sector of the Nigeria’s Exchange has this Tuesday December 07 2010 changed the venue for its 5^th Annual General Meeting (AGM) earlier scheduled to hold at Tahir Guest Palace Kano.

 

MTI has notified the Exchange that it will now hold the AGM on Wednesday December 29 2010 at Mainland Hotel, Lagos at 9.00 am.

 

The company affirmed in the notice to the NSE that the change was precipitated by general request from its shareholders in view of the festive period in December; and the fact that majority of the shareholders are in this part of the Country.