CAP Plc appoints Portland Paints’ Finance Manager, Ada Aniagu as CFO

The Board of Directors of Chemical Allied Products Plc has announced the appointment of the Chief Finance Officer of Portland Paints, Ada Aniagu as the company’s Finance Controller with effect from February 20, 2021.

According to the information contained in the statement issued by CAP, Aniagu will assume all responsibilities and obligations of the former Finance Manager.

READ: Portland Paints appoints UAC’s Bolarin Okunowo as Non-Executive Director

On the incoming CFO

According to the information contained on Portland Paints’ website;

• The new CFO of CAP Plc, Mrs Aniagu is a seasoned finance professional with over 11 years of extensive corporate experience spanning internal and external audits, tax, management & financial accounting and reporting, as well as budget planning & control and project management.
• She joined the UAC group in 2019, as CFO for UPDC Hotels Limited (UHL). Prior to UHL, she was Financial Controller for Transcorp Hotels Calabar Limited for over 6 years, providing strategic leadership and championing the repositioning of the hotel’s finances to profitability.
• Ada who is an active member of the Association of Chartered Certified Accountants (ACCA), holds a second class upper degree in English and Literary Studies from the University of Nigeria Nsukka, an Advanced Diploma in Accounting and Business and currently completing an MBA programme with Edinburgh Business School, United Kingdom.

READ: CAP Plc set to merge with Portland Paints and Products Plc.

In addition, the company announced the resignation of of Abiola Odeyemi, as Chief Finance Officer.