Unilever Nigeria Appoints Bolaji Balogun, Edozien as Chairman and Independent Non-Executive Director

Unilever Nigeria Limited Company has announced the appointments of Bolaji Balogun as Independent Non-Executive Director and Chairman of the Board and Ngozi Edozien as Independent Non-Executive Director. The nominations entered into force on May 16, 2024.

Balogun is the founder and CEO of Chapel Hill Denham. He has over thirty-five years of experience in investment banking, investments and mobile telecommunications. Chapel Hill Denham, which he founded in April 2005, is a leading investment bank in Nigeria.

Edozien is a business professional with over 35 years of global leadership experience spanning management consulting, general management, private equity/venture capital, finance, sustainability and strategic planning/business development with multinational companies in Europe, the US and Africa.

Speaking on the appointment, Managing Director of Unilever Nigeria, Tim Kleinebenne, said: “As a centuries-old company and the longest-serving manufacturing company in Nigeria, we are pleased to strengthen our board with these seasoned professionals. We are confident that they will add enormous value, accelerating our growth following our outstanding performance in 2023. I am also pleased to say that our Board represents a diverse group of independent non-executive directors, in line with our unique values ​​at Unilever.

Commenting on his appointment, Balogun said: “Unilever is part of Nigeria’s history and has contributed to Nigeria’s development over the years. I am honored to join the Board and look forward to working with my Board colleagues, management and staff at Unilever to continue to build on its legacy and deliver greater value to all our stakeholders.”

The Board of Directors and management team congratulate Balogun and Edozien on their appointments and wish them success in their new positions.