By InvestAdvocate
Lagos (INVESTADVOCATE)-Honeywell Flour Mills Plc on Tuesday named five (5) non-executive directors to the board of the company. The fast consumer moving goods firm said in an issuer’s announcement to the Nigerian Stock Exchange (NSE).
They include Wonuola Adetayo, Raymond Zate Zoukpo,Alan Palmer,Teddy Ngu and Andrew Smith-Maxwell.
According to the company, Adetayo has over 25 years of combined experience in marketing and consulting. She obtained her MBA from the University of Lagos in 1988 and she has also attended the Harvard Women and Power Programme at the prestigious Harvard Business School among several other international programmes.
Also, she has held different seniour executive positions in high net worth companies. She served as group marketing manager Unilever Caribbean in Trinidad and Tobago from 1992 till 1995. She was divisional marketing director of UAC Foods Division of UAC of Nigeria Plc from May 1995 till 1997 when she was appointed Executive Director (Marketing), CAP Plc.
She was subsequently appointed the managing director of UAC Pharmaceutical and Personal Products Limited in January 1999. Adetayo is a partner, co-founder and the chief executive officer of Kainos Edge Consulting Limited, a consulting firm born out of a merger of SoftSkills and Edward Kingston Associates. She currently serves as a director on the board of the Nigerian Economic Summit Group (NESG) and is the vice-chairman, Oil and Gas Trainers Association.
On his part, Zoukpo is an international development expert and practitioner with over 25 years’ experience. He has vast experience in banking, financing and development, having worked in different capacities at the African Development Bank where he has served for about 18 years.
He joined the African Development Bank in 1986 as economist, Research and Planning Department. He later served as personal assistant to the president, head of debt management and head of credit risk management. Zoukpo also worked as director of Financial & Risk Management Department (FFMA) in 2006 and director of the Reform Implementation Team (RIT), President Office in 2007. He is currently, first vice president and chief operating officer at the African Development Bank.
Palmer has close to 40 years’ experience in the Fast Moving Consumer Goods (FMCG) industry; and brings on board a robust blend of knowledge of the local, regional and international FMCG industry with a sound appreciation and application of leading practices across key value chain areas.
He has worked with global organisations such as Kraft Foods Incorporated, Cadbury Plc and Trebor Bassett Limited. He was the immediate past managing director and CEO of Kraft West Africa and Cadbury Nigeria Plc and the managing director, South-East Asia for Cadbury Schweppes Plc. He has also held several strategic roles including board positions, locally and internationally.
Ngu is the group head of corporate development & investments for the Honeywell Group. Prior to joining Honeywell, he was a director in the Management Consulting practice and head of the PwC Strategy & Operations Consulting Service of PricewaterhouseCoopers in Nigeria.
he has over 17 years’ experience working in strategy consulting, corporate strategy, corporate finance and auditing. He has led and served on project teams in over 15 countries in four continents.
Honeywell Flour Mills affirmed that before joining PwC Nigeria, Ngu was a consultant with the Boston Consulting Group’s (BCG) New York Office and a Strategist at PepsiCo, New York. Prior to BCG he attended The Wharton Business School, from where he obtained his MBA.
“Prior to attending The Wharton School, Teddy worked with British Telecom and Ernst & Young UK. Ngu is an engineering graduate and he studied engineering up to PhD level. He is also a UK chartered accountant,” the company added.
While Smith-Maxwell has spent 25 years in investment banking primarily in Energy and Utilities. He spent the last 10 years as a partner in Fieldstone, a boutique investment bank, specialising in power and infrastructure projects in Africa.
Prior to that he led and built up the Energy and Utilities Group at Dresdner Kleinwort Wasserstein, and was responsible for overseeing its teams in the U.K., Germany, Asia, Latin America, and the United States. He has previously served on the Board of Wessex Water following its acquisition by YTL Power International.
He received a first-class honours degree in engineering, including being awarded an electrical institute’s engineers prize, from Durham University.
