The Board of Directors of Unilever Nigeria Plc has announced the appointment of Mr. Oluwatobi Adeniyi as Managing Director of the company following the resignation of Mr. Tim Kleinebenne.
In a statement obtained by NewsNGR, the company notified Nigerian Exchange Limited (NGX) and the investing public that by a Resolution of the Board of Directors of Unilever Nigeria Plc at its Board meeting held on 29 November, 2024 the Board considered and approved the resignation of Kleinebenne as Managing Director of the Company with effect from 31st December 2024.
The Board wished Kleinebenne all the very best in his future career and expressed its gratitude to him for his outstanding work which delivered significant rises in both turnover and profit and set Unilever Nigeria on a path to sustainable and profitable growth.
According to the statement, on the recommendation of the Governance, Remuneration and Risk Committee of the Board of Unilever Nigeria, the Board also considered and approved the appointment of Adeniyi as Managing Director of the company with effect from 1 st January 2025.
Adeniyi began his career as a Unilever Future Leader in 2009 and has amassed a wealth of experience across multiple facets of the Supply Chain (strategic & operational) and Commercial operations.
Most recently, he has been instrumental in driving Unilever Nigeria’s sales transformation agenda, delivering impactful results through strategic initiatives nationwide. He serves as current Vice Chairman of Manufacturers Association of Nigeria Export Promotion Group (MANEG) and is a member of the Institute of Directors (IOD).
Chairman of Unilever Nigeria Plc, Bolaji Balogun said that Adeniyi’s extensive experience and exceptional leadership skills make him an outstanding choice at this time to lead the firm into a successful future.
“We are confident that under his leadership, Unilever Nigeria Plc will continue to flourish and achieve greater heights. I want to express our thanks to Mr. Tim Kleinebenne, the outgoing Managing Director, for his leadership and service to Unilever Nigeria’s growth and success,” he said.