Frieslandcampina WAMCO Appoints Yinka Sanni New Board Chair

Leading dairy company, FrieslandCampina WAMCO Nigeria Plc has announced the appointment of Mr Yinka Sanni as the new Chairman of its Board of Directors.

Sanni takes over from Mr Moyo Ajekigbe OFR, who just retired, after heaing the board from 2010 to 2025.

A statement by Executive Director, Corporate Affairs, Ore Famurewa, said the company commends Ajekigbe for “his exemplary leadership and significant contributions” to its development.

The statement acknowledged Ajekigbe steering the company through various phases of growth and transformation, one of which was the commencement of dairy development.

It noted that the company implemented innovative strategies that enhanced its market position during the tenure of the outgoing board chairman

Sanni, it says, comes with a wealth of experience spanning over 35 years in the financial services sector, adding:

“The expertise Mr Sanni brings to the Board of Directors, FrieslandCampina WAMCO Nigeria PLC, covers retail and wholesale banking, asset management and his invaluable strategic vision for the continued growth and innovation of the company,

“He has held various leadership roles, including his most recent position as Group Executive at Standard Bank Group.

“He was the Chief Executive Officer, Africa Region, of the Standard Bank Group and Stanbic IBTC Holdings PLC” the statement by Famurewa added.

Commenting, the Managing Director of FrieslandCampina WAMCO Nigeria PLC, Mr Roger Adou, stated, “Mr Moyo Ajekigbe’s journey has strengthened the company’s commitment to sustainability, innovation and community engagement, which have been pivotal in positioning our company as a leader in the dairy industry.

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“As we welcome our new chairman, Mr Yinka Sanni, we are confident that his wealth of experience will sustain our agenda of profitable and sustainable growth while nourishing Nigerians with quality dairy nutrition”, he added.

An alumnus of the University of Nigeria, Nsukka, and Obafemi Awolowo University, Ife, Sanni holds a Bachelor of Agriculture and a Master of Business Administration respectively.

He has also attended advanced leadership programmes at Harvard Business School and The Wharton School.