Ellah Lakes Appoints Hewett Benson as Chief Financial Officer to Drive Transformation Agenda

Ellah Lakes Plc has announced the appointment of Mr. Hewett Benson as Chief Financial Officer (CFO), effective July 1, 2025, as part of the company’s ongoing strategy to strengthen its executive leadership and deepen its agro-industrial footprint in West Africa.

The appointment, which complies with the Listing Rules of Nigerian Exchange Limited (NGX) and the Issuers’ Rules on Disclosure of Material Information, comes at a pivotal time as the company accelerates its transition to a vertically integrated agro-industrial group.

Mr. Benson is an accomplished finance executive with extensive experience spanning capital markets, asset management, and large-scale corporate transformation.

His international background covers both developed and emerging markets, equipping him with deep insights into cross-border capital structuring, project finance, fund management and commercial strategy in asset-intensive sectors.

Widely recognized for leading complex transformation initiatives, Mr. Benson has successfully executed capital raising mandates across debt and equity markets and structured strategic partnerships aimed at sustainable value creation.

His proven ability to align financial strategy with evolving consumer dynamics and growth priorities will be instrumental as Ellah Lakes expands its regional operations.

Commenting on the appointment, Chief Executive Officer Mr. Chuka Mordi said, “We are pleased to welcome Hewett Benson to the leadership team at a critical phase of our transformation journey. His extensive cross-border experience and proven track record in financial strategy and execution will be invaluable, as we deepen our agro-industrial capacity and scale operations across the region. This appointment reflects our continued commitment to building a world-class team focused on long-term value creation for our shareholders and stakeholders.”

Mr. Benson holds a Bachelor of Engineering in Aeronautical Engineering from Imperial College London, a Postgraduate Certificate in Aerospace Engineering from the University of Cambridge and a Master of Science in Aerospace Engineering from the Massachusetts Institute of Technology (MIT).

His appointment underscores Ellah Lakes’ commitment to reinforcing its financial management capability and enhancing governance structures in alignment with its long-term growth strategy.

The company remains focused on building sustainable value for shareholders as it advances its expansion agenda in the agro-industrial sector.

Ellah Lakes Plc is listed on the Nigerian Exchange under the ticker ELLAHLAKES and trades on Bloomberg as ELLAHLAK:NL.