Oando Shareholders Reaffirm Confidence in Management at 47th AGM
• Company approves digital assets provisions, directors re-elected Emmanuel Addeh in Abuja Shareholders of Oando Plc yesterday reaffirmed their confidence in the company’s management and strategic direction, approving all resolutions
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.
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