Presco Plc has introduced the appointment of Mrs. Iquo Ukoh and Ms. Osayi Alile as impartial Non-Govt Administrators.
That is contained in an announcement by the corporate on Monday, titled: “Notification of Modifications on the Board of Administrators,” and uploaded on the NGX web site.
The corporate additionally introduced the resignation of Mrs. Titi Osuntoki as a Non-Govt Director efficient thirteenth November 2024.
The assertion learn: “Presco Plc (“the Firm”) hereby notifies the Nigerian Alternate Restricted (“NGX”), its shareholders and different stakeholders of the next modifications on its Board of Administrators (“the Board”).
“Mrs. Titi Osuntoki has resigned from the Board of the Firm efficient thirteenth November 2024. In accepting her resignation, the Board thanked her for the invaluable contributions she made in the direction of the Firm’s development targets throughout her time on the Board.
“The Firm is happy to announce the appointment of Mrs. Iquo Ukoh and Ms. Osayi Alile as Impartial Non-Govt Administrators to fill informal Board vacancies till the following Annual Normal Assembly.”
Mrs. Iquo Ukoh: Nutritionist, former ED at Nestle
In line with the assertion, Mrs. Ukoh boasts a powerful advertising profession spanning over three a long time, with experience in model administration, client engagement, and company communications.
She was the primary feminine Govt Director at Nestlé Nigeria, the place she spearheaded groundbreaking model campaigns and product launches that reworked the FMCG panorama.
Her tutorial credentials embrace a level in Diet and Dietetics from the College of Nigeria, supplemented by government applications on the London and Lagos Enterprise Colleges.
Ms. Osayi Alile: nonprofit, CSR skilled
Ms. Alile is a distinguished skilled with in depth expertise in nonprofit governance, philanthropy, grant administration, and company social duty. Her tutorial achievements embrace levels from Rutgers College and government certifications from famend establishments like Harvard, Yale, and Lagos Enterprise College.
With over 20 years of expertise partnering with authorities entities, companies, and SMEs in developed and rising markets, Osayi has pushed financial and social improvement.
“The newly appointed Administrators carry a wealth of range and expertise that can enrich our management group and complement the present strengths on the Board to drive progressive development for the corporate.
“The Board warmly welcomes Mrs. Ukoh and Ms. Alile and appears ahead to their helpful contributions to the Firm,” the assertion concluded.
What you must know
- Presco is an agro-processing firm with a speciality in oil palm plantations, palm oil mills, palm kernel crushing crops and vegetable oil refining. Presco specialises within the cultivation of oil palm and within the extraction, refining and fractionation of crude palm oil into completed merchandise.
- Nairametrics reported that Presco Plc reported a full-year pre-tax revenue of N128 billion in 2024, representing a 156.05% rise in comparison with the N50 billion from 2023. That is the corporate’s monetary report launched on January 31, 2025.
- Specialists have predicted a extra optimistic efficiency for the corporate in 2025, with its crude palm oil manufacturing anticipated to rise and anticipated success in its bid for the acquisition of the Ghana Oil Palm Growth Firm (GOPDC).
