Urgent.News

What's breaking now, across thousands of outlets.

Business

Oando 47th AGM: Shareholders reaffirm confidence in Management

In addition to reaffirming their support for Oando, the shareholders approved all resolutions at the 47th Annual General Meeting The post Oando 47th AGM: Shareholders reaffirm confidence in Management appeared first on Premium Times Nigeria .

Oando 47th AGM: Shareholders reaffirm confidence in Management

Shareholders of Oando Plc expressed their confidence in the company's management and strategic direction at the 47th Annual General Meeting (AGM). The meeting saw the re-election of several directors, including Ademola Akinrele (SAN), Omamofe Boyo, Ikeme Osakwe, and Adeola Ogunsemi, who were retiring by rotation. The company's directors, portfolio development, and disciplined capital allocation were praised by shareholders.

The board was also re-appointed BDO Professional Services as the external auditors, and members of the Statutory Audit Committee were elected. The company's management was commended for a disciplined approach to portfolio development, particularly in the mining and infrastructure sectors. Oando's Group Chief Executive, Adewale Tinubu, emphasized that operational control and disciplined execution would remain central to the company's strategy.

The chairman of the board, Akinrele, expressed gratitude to the shareholders for their participation, questions, and continued confidence in the board.

Written by urgent.news from This Day's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at premiumtimesng.com →

More in Business

More from Friday 18 September →