NAHCO Plc Appoints New Group MD/CEO

Kayode Oyero Allied News, News, News Updates, Nigerian Updates Leave a Comment

…Announces New Group Structure 

A new Group Managing Director/Chief Executive Officer has been appointed for the Nigerian Aviation Handling Company Plc (nahco aviance) following the adoption of a new group structure by the Board of Directors.

She is Mrs. Olatokunbo Adenike Fagbemi.

Her appointment was announced in a notice to the Nigerian Stock Exchange (NSE) by the Board of Directors of the company.

Mrs Fagbemi took over effective December 20, 2018, following the resignation of Mr Idris Yakubu the erstwhile Managing Director.

Fagbemi’s appointment is to drive the new Group structure announced by the Company.  All NAHCO’s subsidiary companies, including NAHCO Free Zone (NFZ), Nahco Energy and Power (EPI) and Mainland Cargo Options Limited (MCO), will report directly to the GMD/CEO.

Fagbemi, a thoroughbred Aviation Management Professional and a management turnaround expert with IATA, ACI and ICAO Certifications will bring on board her wealth of experience in championing the agreed strategic transformation plan of NAHCO following a Board and Management Retreat with inputs from KMPG. 

She will implement the new strategic plan, operationalise a seamless and harmonised group structure which will transform NAHCO into one of the best companies in the world. The new GMD will focus on improving customer experience, drive stakeholder value, enhance shareholders’ investment in the Company,  integrate and closely monitoring of the activities of the subsidiaries to create synergies and better returns on capital.

Fagbemi, would, in the immediate, have the task of repositioning the company, maintaining industrial harmony, energising the staff and improving stakeholder relationships and values.

She is also expected to coordinate and drive the new audacious, bold and challenging initiatives that will establish NAHCO Plc as the leading ground handling company in West and Central Africa in the shortest possible time.

Before her appointment as GMD NAHCO, she has hands on consulting, Business Advisory and Financing expertise, having worked with several ground handling companies, Civil Aviation Authority in Nigeria, Gambia and Sierra Leone. Fagbemi has attended several International Civil Aviation Organisation (ICAO), International Air Transportation Association (IATA) Ground Handling Council (IGHC), Airports Council International (ACI) courses and seminars. 

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