Chemical and Allied Products PLC (CAP PLC), a licensee of AkzoNobel for Nigeria and a subsidiary of UAC of Nigeria PLC, has announced the appointment of Mr. Oladele Ajayi as a Non-Executive Director, effective June 12, 2025.
The decision, made under Article 95 of the company’s Articles of Association, was disclosed in a statement to the Nigerian Exchange Limited (NGX).
Mr. Ajayi brings over two decades of impactful leadership experience across Central Africa, East Africa, and Europe. Renowned for driving growth, operational excellence, and strategic transformation in complex business environments, he is expected to significantly enhance CAP PLC’s board deliberations.
His appointment underscores the company’s commitment to leveraging seasoned expertise to sustain its growth trajectory.
Currently, Mr. Ajayi serves as a Non-Executive Director on the boards of Champions Brewery PLC, Grand Cereal Limited, MDS Logistics Limited, Molly Specialist Hospital, and as an Alternate Director for UPDC PLC. His prior roles include Managing Director and Chief Executive Officer at UAC Foods Limited, where he successfully formulated and executed strategies to consistently surpass performance targets.
Mr. Ajayi also held prominent positions within Heineken’s global leadership, including Managing Director for the Central and East Africa sub-region and Managing Director of Heineken Hungary.
His boardroom experience spans chairmanships at Sierra Leone Brewery Ltd and Brasseries et Limonaderies du Rwanda, as well as directorships at Guinness Ghana Breweries Limited and Brasserie de Bourbon in La Réunion.
A distinguished scholar, Mr. Ajayi holds a Doctorate (PhD) from the University of Strathclyde, Glasgow, UK. His academic credentials are complemented by executive education, including the Advanced Management Programme at Harvard Business School and an Advanced Marketing Diploma from the Institute of Marketing Managers, Johannesburg, South Africa.
Aramide Nwokediuko, CAP PLC’s Company Secretary and General Counsel, expressed confidence in Mr. Ajayi’s ability to contribute meaningfully to the company’s success. “The Board warmly welcomes Mr. Ajayi and has no doubt that his wealth of experience across international markets and diverse industries will significantly enrich our deliberations,” the statement read.
