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Dangote Cement Confirms Mr. Guillaume Moyen as Substantive Group CFO



The management of Dangote Cement has confirmed Mr. Guillaume Moyen as the substantive Group Chief Financial Officer with effect from March 18, 2021.

The confirmation was announced on Thursday through the Nigerian Stock Exchange platform.

According to Dangote Cement, Mr. Moyen joined the company in February 2019 as the Group Chief Financial Officer, Operations and was appointed as the Acting Group Chief Financial Officer in the following month.

He was in charge of Finance and IT and has over 20 years experience in multinational industrial and services companies operating in emerging and frontier markets.

Mr. Moyen “career cuts across Finance, Risk Management, Internal Control, Audit, IT and Procurement working in senior positions in Manufacturing, Engineering, Oil and Gas, Nuclear Energy, Mining and Consulting sectors notably with the Areva Group, the Ola Energy Group and KPMG. Guillaume is a Chartered Accountant and holds an MBA degree from Columbia Business School.

“The Board congratulates Guillaume and wishes him success in his role,” Dangote Cement stated.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


Standard Bank Appoints Sanni Chief Executive for Africa



The Standard Bank Group, Africa’s largest bank by assets has appointed Yinka Sanni as its new Chief Executive for Africa Regions and a member of the Group Leadership Council.

Sanni, the group’s Regional Chief Executive for West Africa, takes over from Sola David-Borha, who is retiring after 31 years of service to the banking group.

This was disclosed in a statement.

Sanni holds a B. Agric. (Hons) degree in Agricultural Economics from the University of Nigeria and an MBA from Obafemi Awolowo University. He attended the Advanced Management Programme at Harvard Business School in 2009, and the Global CEO Programme at the Wharton School in 2017. He has over 30 years of experience in the financial sector across wholesale, retail and asset management, and joined Standard Bank Group’s Nigerian subsidiary, Stanbic IBTC Bank Plc, in December 1990.

In a note to employees, Standard Bank Group CEO, Sim Tshabalala, congratulated Sanni on his appointment and thanked David-Borha for her extraordinary contributions to the group.

“Sola was appointed as the Chief Executive of Africa Regions in January 2017 and is one of the group’s most deeply expert and experienced bankers,” Tshabalala said.

“Under her leadership, the Africa Regions portfolio has grown remarkably in capacity, market share and contribution to the group’s headline earnings.”

David-Borha has been a passionate advocate of culture change and executive leadership development, having sponsored the ‘Last Mile’ programme, which has resulted in the successful promotion of talented people into both Regional Chief Executive and Country Chief Executive positions, including the appointment of two female Chief Executives in the Africa Regions business.

“It has been a great honour and privilege to serve and contribute to the growth of the Standard Bank Group,” David-Borha said.

“I am delighted to be handing over to Yinka Sanni, an exceptional, authentic and experienced leader who will take the baton forward in driving Africa’s growth.”

David-Borha will remain with the group until the end of June to ensure a successful leadership transition and handover process. Sanni’s appointment is effective from today, 15 April.

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Ibukun Aiyemo Becomes Marketing Coordinator For Burger King



Ibukun Aiyemo, a marketing and brand strategist has joined the services of Allied Food & Confectionary Services Limited, a franchisee of Burger King in Nigeria, as its Marketing Coordinator for Burger King.

This appointment occured following the launch of Burger King in Nigeria and plans to commence business in the fourth quarter of 2021.

Ibukun was formerly with Eat’n’Go Ltd, a quick service restaurant (QSR) brand, before joining the new company. Worth mentioning is the fact that Burger King, an American multinational hamburger fast food chain will commence operations in the Nigerian market by the fourth quarter of 2021.

In her new role, Ibukun will be overseeing the marketing activities of the new brand in the Nigerian market and ensuring that the brand captures a larger share of the country’s food industry and the QSR segment.

She started her career in broadcast journalism at Suss Productions where she was a TV reporter before joining Eat’n’Go. At Eat’n’Go, she was the Assistant Executive (Digital Media, Domino’s Pizza Nigeria) before her position to Assistant Executive (Digital Media, Pinkberry Yoghurt ) and later got elevated to the position of Digital Marketing Executive.

She holds a Bachelor of Science in Mass Communication/Media Studies from the Babcock University Nigeria. She is also Digital marketing and Data Analytics at Career Heights and Microsoft Certified Technology Specialist at New Horizons Computer Learning Centers.

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Ecobank Appoints Akin Dada As Head of Corporate Banking



Fund management

Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announced the appointment of Akin Dada as the new Executive Director of Corporate and Investment Banking.

Previously Head of Ecobank Group’s Corporate Banking, Dada joined Ecobank in 2017 as the Executive Director of Corporate Banking in Nigeria, according to a statement from Ecobank on Tuesday.

The bank said Dada had over 30 years of banking experience in client coverage, strategic transaction initiation and advisory dialogues across various client segments, including public sector, telecoms, FMCG and oil and gas.

Prior to joining Ecobank, he was the Managing Director for Citigroup Cameroon, where he worked for 26 years in Corporate & Investment Banking as Senior Transactor, Senior Relationship Banker and Business Development Manager.

While at Citi, he handled a wide array of transactions in loan syndications, project finance, corporate finance and advisory, according to the bank.

He also worked briefly with Access Bank Nigeria Plc as Group Head, Oil & Gas.

Ecobank Group Chief Executive Officer, Ade Ayeyemi, said, “Akin’s valuable and varied experience over many years in corporate banking as well as his broader knowledge of banking, credit and risk management position him appropriately to lead our Corporate and Investment Bank.

“There are huge opportunities for the Ecobank Group with the implementation of the AfCFTA, which heralds burgeoning demand for trade finance, advisory services and cross-border payments.”

The bank added that Dada had an MBA from the University of Warwick, UK, and a degree in political science from the University of Ibadan.

He succeeds Amin Manekia, who retired from the group in 2020.

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