United Capital Plc announces appointment of two Independent Non-Executive Directors

United Capital Plc has announced the appointment of Mr Dipo Fatokun and Ms Sutura Aisha Bello as independent Non-Executive Directors, effective immediately and subject to regulatory approval.

This is according to a notice signed by the firm’s Secretary, Leo Okafor, and sent to the Nigerian Stock Exchange, seen by Nairametrics.

READ: United Capital: The good and the bad

What you should know

Nairametrics reported that United Capital Plc had raised N15 billion through Commercial Paper issuance, under its N20 billion programme registered with the FMDQ Securities Exchange.

• Mr. Dipo Fatokun is a veteran in the financial industry, with experience spanning over three decades. Prior to his recent appointment, he was the Director, Banking Services Department at the Central Bank of Nigeria.
• He is an alumnus of the University of Lagos and the University of Ilorin where he obtained a Master’s degree in Business Administration and a B.Sc. in Accounting respectively. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Bankers of Nigeria (CIBN).
• Sutura Aisha Bello is a PPP/Project Finance expert skilled in commercial, financial and project management. She has led multiple projects for the World Bank, DFID and OPEC Fund for International Development across a wide range of sectors.

READ: United Capital Plc raises N15 billion through Commercial Paper

What they are saying

Excerpts of the press statement reads:

• “United Capital Plc is pleased to announce the appointments of Mr. Dipo Fatokun and Ms. Sutura Aisha Bello as Independent Non-Executive Directors, effective immediately, subject to obtaining requisite regulatory approvals.”

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