NASCON Allied Industries Plc has notified The Nigerian Stock Exchange that at the Company’s Board meeting held on Tuesday, 15th December, 2015, the following directors resigned their appointment as directors of the Company with effect from that date:

  • Alhaji Aliko Dangote
  • Alhaji Sani Dangote
  • S.O. Olarinde

NASCON also notified The Exchange that the following people were appointed as directors of the Company with effect from the same day, 15th December, 2015:

  • Yemisi Ayeni, a former Finance Director of Shell Nigeria Exploration and Production Co. Limited and Present Council Member of The Nigerian Stock Exchange;
  • Chris Ike Ogbechie, the current Chairman of Diamond Bank Plc and a Facilitator in Lagos Business School;
  • Fatima Wali-Abdulrahman, an Architect and a Board member of Oando Foundation, Consolidated Discounts and former member of Lagos State University Governing Council.

Mrs. Yemisi Ayeni was appointed as Chairman of the Board of Directors of NASCON Allied Industries Plc at the same meeting.