Further to its Press Release on Oando Plc, dated May 31, 2019, the Securities and Exchange Commission (SEC) on Sunday night informed the public of the constitution of an Interim Management Team to be headed by Mutiu Olaniyi Adio Sunmonu.
SEC said the interim management is to oversee the affairs of Oando Plc, and conduct an Extra Ordinary General Meeting on or before July 1, 2019.
Also, the Interim management, according to SEC is to appoint new Directors to the Board of the Company, who would subsequently select a Management Team for Oando Plc.
The Commission however reiterated its commitment to maintaining the integrity of the capital market.
Iheanyi Nwachukwu
Iheanyi Nwachukwu
Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos.
Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).
Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.
