Dangote Cement Plc. Appoints Mr. Alvaro Poncioni Mérian as Independent Non-Executive Director (investorsking.com)

Dangote Cement Plc. Appoints Mr. Alvaro Poncioni Mérian as Independent Non-Executive Director


Chemical and Allied Products PLC (CAP) has announced the appointment of Mr. Adebolanle Badejo, popularly known as Debola Badejo, as a Non-Executive Director, effective July 21, 2023.

The appointment is subject to the approval of the Company’s shareholders at its next Annual General Meeting.

Debola Badejo brings with him a wealth of experience in the finance and investment domain, with an impressive track record in leading, advising, and investing in large companies.

His career spans over 16 years, covering investment banking, private equity, principal investing, and corporate leadership across North America, Europe, and Africa.

At present, Debola Badejo holds the esteemed position of Group Head, Investments at UAC of Nigeria PLC, where he is responsible for driving value creation and growth across UAC’s portfolio companies while scouting for new investment opportunities.

Also, he serves as the Executive Vice Chairman at UAC Restaurants Limited (UACR), overseeing the financial outcomes of the business.

His previous role as the Managing Director of UACR saw him successfully lead the turnaround of the company, achieving an impressive 65% growth in revenue through strategic initiatives.

Debola Badejo’s extensive expertise extends to corporate finance, mergers and acquisitions, capital raising, corporate turnarounds, and team building. He has played pivotal roles in advising companies on various financial matters and has served on the Boards of Livestock Feeds PLC and MDS Logistics Limited.

Before joining UAC in 2019, Debola Badejo served as a Principal at Themis Capital Management, an investment company focused on capitalizing on Africa’s demographic trends. He was also a Non-Executive Director on the Board of UAC Foods Limited during his tenure there.

Earlier in his career, Badejo held key positions as a Corporate Finance Executive in renowned investment banks such as Standard Bank and Morgan Stanley. He executed critical M&A, restructuring, and capital raising transactions across Sub-Saharan Africa and North America, further solidifying his expertise in the financial world.

Debola Badejo boasts an impressive educational background, having graduated with a B.Sc in Systems Engineering from the University of Virginia in 2008. Additionally, he holds MBA degrees from both Columbia Business School and London Business School through their Joint Global Executive MBA program.

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