Notore Chemical Industries named Femi Agbaje as chairman, replaces  Dr. Yakubu Gowon

Notore Chemical Industries has appointed Femi Agbaje as the new chairman of its board of directors, effective immediately.

The appointment comes more than three years after former Nigerian Head of State, Yakubu Gowon, retired from the company’s board on January 28, 2021.

According to a statement filed with the Nigerian Exchange Limited, the Group Chief Legal Officer/Company Secretary, Otivbo Saleh, said that the appointment will be until the completion of the company’s private placement transaction.

Profile of Mr. Femi Agbaje

Mr. Agbaje is currently a Non-Executive Director of the Company and until September 2018 was the Chief Financial Officer of the Company. Mr. Agbaje began his career in 1979 at Peat Marwick Cassleton Elliot & Co, Lagos and later Deloitte Haskins & Sells UK. He obtained his ACCA in 1984 and ACA in 1986. He continued his accountancy career at Arthur Young Oshindero & Moret between 1984 and 1986, after which he went into Banking; starting at Nigerian-American Merchant Bank in 1986 and leaving the industry in 2006 as Managing Director of Midas Bank.

Mr. Agbaje obtained a Bachelor’s degree in History and Political Science from the University of Ife, Osun State, in 1979. He was made an Associate of the Chartered Association of Certified Accountants in 1984 and is currently a Fellow of the Institute of Chartered Accountants of Nigeria. He was also made a Fellow of the Chartered Association of Certified Accountants, UK in 1990. He currently sits on the Board of FSDH Merchant Bank Limited.

He is an avid swimmer and golfer. He enjoys travelling and loves spending time with his wife and children playing Scrabble.