The board of directors for Nosak Group has appointed Deji Rahman as group chief operating officer.
In his new role, Rahman will be responsible for implementing key business strategies for business growth, optimizing operational capabilities, and building a sustainable corporate organization, according to a statement.
He joined Nosak Group as group head of strategy in 2014. Based on his strategic directives, the group restructured its business, to focus on three strategic sectors, starch and derivatives, oils and fats, and treasury and asset management, where it possessed a competitive edge.
Later in 2022, he was appointed as group chief strategy officer to strengthen the organization’s strategic position. His new position is owed to his influence on the company’s strategic repositioning and his contributions to implementation of organizational goals.
Prior to joining the Group, Rahman worked as the head of the capital market at Business Times Newspaper (in the Daily Times Group), head, research, Financial Standard Newspaper, head, research and strategy, F & C Securities Limited (now FCSL Asset Management), and coordinator, market research & intelligence in the strategy group, Fidelity Bank plc.
According to the statement, he has led and participated in several strategic and transformation initiatives, including the Fidelity Bank SME project.
He graduated from the University of Lagos with a bachelor’s and master’s degree in economics. He is a member of the Advertising Practitioner Council of Nigeria, the Nigeria Economic Society, and the Nigerian Institute of Public Relations.