In a statement released on Wednesday by its Executive Director, Corporate Affairs, Ore Famurewa, FrieslandCampina WAMCO expressed profound gratitude for Mr. Ajekigbe’s "exemplary leadership and significant contributions" to the company’s growth and development. Famurewa highlighted Ajekigbe’s instrumental role in guiding the company through various phases of expansion and strategic evolution, including the crucial commencement of dairy development initiatives. Under his stewardship, the company implemented innovative strategies that considerably strengthened its market position within the competitive dairy industry.
The incoming chairman, Mr. Yinka Sanni, brings an impressive professional pedigree, boasting over 35 years of extensive experience within the financial services sector. According to Famurewa, Sanni’s expertise spans a broad spectrum, encompassing retail and wholesale banking, as well as asset management. His appointment is expected to infuse the Board of Directors with invaluable strategic vision, fostering continued growth and innovation for FrieslandCampina WAMCO Nigeria PLC.
Sanni’s distinguished career includes holding various prominent leadership roles, most recently as a Group Executive at Standard Bank Group. He previously served as the Chief Executive Officer, Africa Region, for the Standard Bank Group and Stanbic IBTC Holdings PLC, demonstrating his profound understanding of regional and continental business dynamics.
Academically, Mr. Sanni holds a Bachelor of Agriculture degree from the University of Nigeria, Nsukka, and a Master of Business Administration from Obafemi Awolowo University. He has also further honed his leadership acumen through advanced programs at prestigious institutions such as Harvard Business School and The Wharton School, equipping him with a global perspective on business strategy and management.
Commenting on these significant administrative changes, Mr. Roger Adou, the Managing Director of FrieslandCampina WAMCO Nigeria PLC, lauded Mr. Ajekigbe’s tenure. "Mr. Moyo Ajekigbe’s journey has strengthened the company’s commitment to sustainability, innovation and community engagement, which have been pivotal in positioning our company as a leader in the dairy industry," Adou stated. Looking ahead to the new leadership, he expressed confidence, "As we welcome our new chairman, Mr. Yinka Sanni, we are confident that his wealth of experience will sustain our agenda of profitable and sustainable growth while nourishing Nigerians with quality dairy nutrition."
The appointment of Mr. Yinka Sanni signals FrieslandCampina WAMCO’s continued commitment to leveraging top-tier expertise to navigate the evolving market landscape and further solidify its position as a key player in Nigeria's dairy sector.