Berger Paints Appoints New Managing Director, Adeyemi Adetomiwa

October 5, 2022

The board of directors at Berger Paints Nigeria have appointed Alaba Fagun as its Managing Director. Fagun was appointed to replace Adeyemi Adetomiwa.

Prior to the change, Fagun was the founding managing director of UPDC Facility Management Limited (UPDCFM). She has over 23 years of experience in the real estate sector. 

Join our WhatsApp Channel

She will replace Adetomiwa, who was the acting managing director since January 4, 2022. Fagun’s career spans across commercial, residential, institutional, and financial-based projects. 

Fagun had worked with Siji Dosekun Partnership, Architects Co-Partnership Hertfordshire, Broll Property Services Ltd. and Union Bank. 

In a statement released to the equity market authority, Nigerian Exchange Limited (NGX), the firm said, “the Board of the Company Plc, has approved the appointment of Mrs. Alaba Fagun as the Company’s Managing Director. She replaces Mr. Adeyemi Adetomiwa who had served in an acting capacity since January 4, 2022. 

“Mrs. Fagun brings on board, over 23 years of experience in the real estate sector having been involved in commercial, residential, institutional, and financial-based projects. 

“Her most recent employment was at UPDC Facility Management Limited (UPDCFM). She initially joined as the Head of Facilities Management for UPDC Plc., then, following the creation of UPDCFM, was appointed as its founding Managing Director.” The statement reads.

+ posts

Featured Stories

Latest from Business

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Naira Weakens Against Dollar In Official, Black Markets

Traders in the black market paid N1,444.88 kobo for a dollar on Thursday, February 12, compared to the N1,441 per $1 reported on Wednesday, February 11. The value of the United States dollar (USD) increased by N3.88 kobo, while that of the
Over N28.43bn Shares Traded On NGX, Access Holdings Leads Trades

Over N28.43bn Shares Traded On NGX, Access Holdings Leads Trades

The Nigerian Exchange (NGX) closed with N114.66 trillion market capitalisation on Thursday, February 12, from the N114.37 trillion reported on Wednesday, February 11. According to the NGX data, the market valuation of the Nigerian bourse increased by N283.24 billion, as the all-share
Cost Of Borrowing Pulling Down Geregu's Profit

Cost Of Borrowing Pulling Down Geregu’s Profit

Despite a double-digit growth in Geregu Power’s top line, the company’s bottom line declined amid rising interest payments on its borrowings. Prime Business Africa gathered that Geregu’s revenue grew by 34.86 percent to N184.93 billion in 2025, rising from the N137.12 billion
Footballer Bags 12 Years For Internet Fraud In Ilorin
Previous Story

Footballer Bags 12 Years For Internet Fraud In Ilorin

Next Story

Boko Haram Terrorists Release Remaining 23 Abuja-Kaduna Train Passengers

Don't Miss

Minimum Wage: Nigerian Govt Begs Labour Union To Reconsider Strike Action 

Labour Unions To Begin Protest On Monday Over Electricity Tariff Hike

Labor unions across Nigeria are gearing up for nationwide protests
unknown Gunmen kill two police officers

Unknown Gunmen Kill 2 Police Officers In Ichi, Anambra State

Unknown gunmen have attacked police vehicle at Omatha Junction, Ichi