Lafarge Africa has appointed Lolu Alade-Akinyemi as its Group Managing Director, effective 1st July 2023.
According to Business Day Nigeria, Alade-Akinyemi emerged as the managing director after the board of directors accepted the resignation of the former CEO, Khaled El-Dokani, in an emergency meeting.
Alade-Akinyemi has been part of Lafarge Africa’s top hierarchy since April 2020, initially as an executive director, later jointly holding that designation alongside the chief financial officer position.
His experience spans sales, supply chain management as well as business development.
“Lolu is a highly experienced business executive with a diverse international background and a track record of achievements in managing turnaround situations, optimising processes to enhance business performance, driving growth in demanding business landscapes, and overseeing Profit & Loss.
“With a geographically diverse background, he has gained extensive experience, particularly during his time at Coca-Cola, working across various markets including Belgium, Ghana, the UK, and Nigeria,” the firm noted in a statement.
Alade-Akinyemi is a certified accountant and holds a Bachelor’s degree in Economics from the University of Essex, and an MBA from the Edinburgh Business School, UK.