Mr Dan Owor Agbor
Non-Executive Chairman

Mr. Daniel Owor Agbor, 57 Mr. Agbor is the Managing Partner of the law firm of Udo Udoma & Belo-Osagie with responsibility for managing the law firm, and with continuing responsibility for leading the firm’s mergers and acquisitions and private equity practices. He brings to the Board a wealth of experience from his distinguished careers in banking and legal practice.

He holds a B.Sc. degree in Political Science and an M.PA (Masters in Public Administration), both from the University of Calabar. He also holds a Bachelor of Laws (LL.B) degree of the University of Benin and was called to the Bar in 1986 after passing the Bar Examinations of the Nigerian Law School. He is a member of both the Nigerian Bar Association and the International Bar Association. Prior to joining Udo Udoma & Belo-Osagie in 1990, he held various positions in Nigeria International Bank Limited (now Citibank Nigeria Limited), where he worked in the Corporate Finance Unit and in Gulf Bank of Nigeria Limited, where he was Company Secretary/Legal Adviser. He is on the Board of Directors of several companies including being the Non-Executive Chairman of FSDH Securities Limited, a Non-Executive Director of FSDH Merchant Bank Limited, Pensions Alliance Limited and Swift Network Services Limited respectively, and an alternate director of Nigerite Limited.

He has attended several training programmes within and outside Nigeria including Euromoney Training Programme on effective Risk Management Oversight for Board Members & Executives, a Jeff & O’Brien facilitated Training Programme on Enterprise Wide Risk Management for Board Directors, IFRS Partner Training on “IFRS Readiness for Boards and Audit Committees”, a Business Education Examinations Council Programme for Board Chairmen, Chief Executives, Directors and Board Secretaries Programme, Euromoney Training Programme on Private Equity & Venture Capital and Arthur Andersen & Co Basic Accounting Course.
Mr Agbor joined the Board of UAC of Nigeria PLC in November 2015. He is the Non-Executive Chairman of the Board

Mr. Abdul Akhor Bello
Group Managing Director / Chief Executive Officer

Born on the 8th of November 1960, Abdul joined Grand Cereals Limited (GCL), a subsidiary of UAC of Nigeria PLC (“UACN”), on 23rd October 1989 as Chief Accountant. Prior to joining UACN, he started as Management Trainee in Inlaks PLC in August 1984. He was Chief Accountant of Inlaks PLC, Lagos from January 1987 to September 1989. A Chartered Accountant, Abdul holds an HND degree in Accountancy from Yaba College of Technology, Lagos. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).

Abdul has held various management positions across UACN Group. Between August 1997 and February 1998, he was Senior Accountant at Accounts Headquarters, UACN PLC. He was appointed Finance Director & Company Secretary of Chemical & Allied Products (CAP) PLC on 1st April 1998. He was appointed the Managing Director of CAP PLC on 1st February 2003 and later appointed Managing Director of UPDC PLC on 1st November 2007.

Since his appointment as Executive Director/Chief Financial Officer (UAC) in January 2010 (with responsibility for Finance, IT, Risk & Compliance and Investor Relations), he has redefined the role of finance in the group, emerging as a strategic Business partner of the CEO’s office to strengthen risk management, controls and as Mergers & Acquisitions team lead in period of UAC Restructuring.

He has attended numerous executive development courses at the following institutions: Harvard Business School, USA; IMD Global Board Centre, Switzerland; The Wharton School, University of Pennsylvania, USA; Said Business School, Oxford University, UK; Cranfield School of Management, Cranfield University, UK; Ashridge Business School, UK.

Mrs. Omolara Elemide
Executive Director – Corporate Services


A Fellow of the Institute of Chartered Accountants of Nigeria, Lara was born on 2nd May 1960. She attended Kwara State College of Technology where she obtained Higher National Diploma in Accountancy in 1981. Lara joined UAC of Nigeria Pic (UACN) on October 4, 1983. She has worked in various capacities within the UACN group.

She had a six-month attachment exposure with the Unilever International Audit Departments in Germany, United States of America and United Kingdom in 1991, after which she became the Senior Group Manager, Unilever International Audit, Lagos in 1992. At the divestment of Unilever from UACN in 1994, she assumed the position of the Audit Manager of the Group. She headed the finance departments of then GB Ollivant/MDS Division in 1997 and UACN Property Development Company Plc as Finance Director from January 1998 to February 2005.

Lara was appointed to the Board of CAP Plc as the Finance Director/Company Secretary in February 2005, a position she held until May 4, 2009 when she was appointed the Managing Director of the company. Under her watch at CAP Pic, the company has recorded significant growth and value accretion to shareholders.

She has attended various local and international courses amongst which are the Bullet-Proof Manager Training Series by Crestcom International Colorado, USA, International Management Seminar at the Four Acres, UK, Unilever International Audit Seminar, USA. She is an alumnus of Ashridge Business School, UK.

It is expected that she will bring her over 3 decades of knowledge and expertise to her new role.

Mrs. Awuneba Ajumogobia
Non- Executive Director


Mrs. Ajumogobia is a fellow of the Institute of Chartered Accountants of Nigeria with over twentyfive (25) years’ experience in external audit, accounting, finance and marketing. She graduated from University of Ibadan with a B.Sc. (Hons) degree in Economics and acquired broad professional experience in audit, taxation and consultancy across several industries at the audit firms of Peat Marwick and Deloitte. She later joined Andersen Consulting (now Accenture) where she worked for thirteen (13) years.

Mrs. Ajumogobia currently serves as Executive Director of Multistream Energy Limited, she is on the advisory board of Lagos Deep Offshore Logistics Base (LADOL) and the board of trustees of Youth Business Initiative. Mrs. Ajumogobia who joined UAC of Nigeria PLC Board in July 2009 is a member of the Statutory Audit Committee as well as the Chairperson of the Risk Management Committee and continues her professional development at leading global academic institutions.

Engr. Okechukwu John Mbonu
Non- Executive Director


Engr. Mbonu is a Partner of Execution Edge Limited. He holds a first-class honors (B.Sc.) and Ph.D. degrees in Mechanical Engineering from the University of Manchester, UK. He is a COREN registered Engineer, a Fellow of the Nigerian Society of Engineers (FNSE), a Fellow of the Nigerian Institution of Mechanical Engineers (FNIMechE) and a Fellow of the Sierra Leone Institute of Engineers (FSLIE).

He started his career as an Engineer with Nigerian Breweries PLC in 1982 and after holding several engineering positions, was appointed the Engineering Manager of the company in 1990. The first Nigerian to be so appointed. In 1996, he was seconded by Nigerian Breweries PLC to Shell Petroleum Development Company of Nigeria (SPDC) on contract. After the contract with SPDC, he returned to Nigerian Breweries PLC and was elevated to the Board of Nigerian Breweries PLC as the company’s Human Resource Director (HRD) in November, 1999.

He was later appointed the Customer Service Director (CSD) in November, 2001. In March, 2005, he was posted to Heineken International and then to Sierra Leone Brewery Limited, Freetown as the Managing Director/Chief Executive Officer of the company.

Upon retirement from the services of Heineken International/Nigerian Breweries in August, 2009, he joined the services of PricewaterhouseCoopers (PwC), Nigeria Limited as a Director in their Advisory Line of Service. He joined Execution Edge Limited in July 2014 as one of the founding Partners.

He was appointed the Non-Executive Chairman of Cutix PLC, Nigeria in October 21st, 2016. He joined the Board of UAC in November 2015 as a Non-Executive Director.

Dr Umaru Alka
Non- Executive Director


Dr. Alka, an expert in environmental pollution and conservation had his secondary education at the prestigious King’s College, Lagos. He thereafter attended Ahmadu Bello University, Zaria from where he earned a B.Sc. (Hons) degree in Chemical Engineering and M.Eng. in Water Resources and Environmental Engineering.

He obtained a Ph.D. in Environmental Control Engineering from Newcastle Upon-Tyne, United Kingdom. He has acquired deep experience in his specialty from working with the Bauchi State Water Board from 1976 to 1985 and the Abubakar Tafawa Balewa University (formerly Abubakar Tafawa Balewa College of Ahmadu Bello University, Zaria) from 1985 to 1987. From 1987 to date he has run his own Environmental and Water resources Engineering outfit, Alka-Chem Limited. He had also at various times served on the Boards of the Federal Housing Authority, Bauchi State Water Board, Lake Chad Research institute and as an Adviser to the Bauchi State Government on Environmental, Industrialization and Water resources Development.

He is a member of the Nigerian Society of Engineers, Nigerian Society of Chemical Engineers, Institution of Water Pollution Control (UK) and the Institute of Public Health Engineering (U.K). He was a Non-Executive Director of Chemical & Allied Products PLC from where he was appointed to the UAC of Nigeria PLC Board in March 2013.

Mr. Babatunde Kasali
Non- Executive Director


Mr. Kasali graduated with B.Sc. (Hons) Economics Degree from Manchester Metropolitan University, United Kingdom. He is a Fellow of the Institute of Chartered Accountants of Nigeria. His work experience include Audit Senior, Ernst & Young (Chartered Accountants) United Kingdom, Assistant Internal Auditor, Amex Bank PLC, United Kingdom, Principal Manager, Ernst & Young (Chartered Accountants) Nigeria.

He was also Chief Inspector, Regional Director, Divisional Director and Regional Bank Head, Consumer and Commercial Banking Group, United Bank for Africa PLC respectively. He is a Non-Executive Director of Wema Bank PLC. He was a Non-Executive Director of UACN Property Development Company PLC from where he was appointed to the UAC Board in March 2013.

Mr Folasope Babasola Aiyesimoju
Non- Executive Director

Mr Aiyesimoju, is a finance professional with experience spanning corporate finance, principal investing and private equity. Over the course of his career he has lived and worked in Sub-Saharan Africa’s most important economies gaining experience of the operating landscape in the region. He holds a B.Sc (Hons) degree in Estate Management from the University of Lagos, where he was awarded a Certificate of Excellence in Real estate development and finance, and earned the right to use the CFA designation in 2006.

Fola is the founder of Themis Capital Management, an investment firm focused on
concentrating capital and talent on high-potential opportunities in Sub-Saharan Africa. Prior to founding Themis, he worked with Kohlberg Kravis Roberts, a leading global investment firm with $168 billion in assets under management. His experience also includes working with the Standard Bank Group, where he led mergers and acquisitions in Nigeria.

Fola spent the early part of his career with Ocean and Oil Holdings Limited, a
principal investment firm in Nigeria and ARM Investment Managers, one of Nigeria’s
leading investment advisory and wealth management firms. He co-founded Foodpro
Limited, a nutritional snacks business focused on edible nuts, where he currently serves as a non-executive director.

Mrs Olufunke Ighodaro
Non- Executive Director

Mrs Ighodaro is a commercially astute and experienced business leader with considerable experience in executive, as well as, non-executive leadership positions with some of Africa’s most successful companies. She holds a B.Sc. (Hons) degree in Operational Research from Salford University and is a Fellow of the Institute of Chartered Accountants in England and Wales.

She is an independent non-executive director and audit committee member at Datatec Limited, an international information and communications technology business with a market capitalization of c.$500 million and independent non-executive director and audit committee chair at Transaction Capital Limited, a $900m business, which operates in highly specialised and under-served segments of the South African and Australian financial services markets. She also serves as an independent non-executive director for the Institute of Chartered Accountants in
England and Wales, Members’ Advisory Board for Africa. She was recently appointed by the Central Bank of Nigeria, the Nigerian Communications Commission and a syndicate of 13 lenders to the Interim Board of Emerging Markets Telecommunication Services [tx_column]

Mr Peter Benedikt Mombaur
Alternate Director

Mr Mombaur is an investor and entrepreneur with professional experience in Sub-Saharan Africa, Western Europe and North America. He has lived and worked in Nigeria for seven years and overseen investments for over a decade. He holds University degrees in Mechanical Engineering (specialising in Energy and Automation) as well as Law and Economics. His work experience spans fast moving consumer goods, telecommunications, financial services and education.

A co-founder of Themis Capital Management and Chief Executive Officer and co-founder of Terra Education, a learning travel company based in San Diego, USA, Mr Mombaur was co-Managing Director at Tana Africa, an investment company with an open-ended investment horizon backed by the Oppenheimer family and Temasek. His experience includes working with Mckinsey & Company and RWE Group, one of Germany’s largest utility companies. He is co-founder of the African Leadership Academy, an institution based in Johannesburg, South-Africa and focused on developing Africa’s future leaders.