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Lafarge Africa appoints Gbenga Oyebode as new chair

Lafarge Africa appoints Gbenga Oyebode as new chair

Gbenga Oyebode, co-founder of Aluko & Oyebode, one of the largest integrated law firms in Nigeria, has been appointed as the chairman of the Board of Directors of Lafarge Africa Plc.

Oyebode succeeded Adebode Adefioye, who voluntarily retired as chairman, according to a statement on Tuesday.

“Adefioye has notified the Board of Directors and shareholders at the Annual General Meeting held on April 26, 2024, of his decision to retire voluntarily as chairman and step down as a member of the board at the conclusion of the meeting,” the statement said.

It said Adefioye served as a board member for over 11 years, having joined the board in December 2012. He served as a non-executive director for the first eight years and was appointed chairman in June 2020.

“The Board of Lafarge Africa is pleased to announce that Oyebode will succeed Adefioye as chairman effective April 27, 2024. Oyebode is the chairman of nominations, governance, and remuneration committee, member of the risk management and ethics committee and a member of the finance and strategy committee of Lafarge Africa.”

The new chairman has over 42 years of experience in legal, corporate governance, and business operations, having graduated from the University of Ife (LL.B Honours), and the University of Pennsylvania, Philadelphia (LL.M).

Oyebode is the chairman of Okomu Oil Palm Company Plc, Chairman of Nestle Nigeria Plc, and Chairman of CFAO Nigeria. He was the chairman of the Board of Access Bank from 2005-2015, a member of the Board of MTN Nigeria Plc from 2001 to 2019, and a Trustee of the Ford Foundation New York.

He was appointed as a member of the Board of Lafarge Africa on April 8, 2020.