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Unilever Nigeria appoints Bolaji Balogun as Chairman
By Oluwaseyi Lawal
Unilever Nigeria Plc’s board of directors has announced the appointment of Mr. Bolaji Balogun as Chairman of the Board and an Independent Non-Executive Director.
Per the company’s announcement to the Nigerian Exchange Limited (NGX) and the investment community, the appointments took place effective from May 16, 2024.
In a statement by the company’s management, it was revealed that Mr. Bolaji Balogun is the Founder and Chief Executive Officer of Chapel Hill Denham and the Chief Investment Officer of the Nigeria Infrastructure Debt Fund.
Commenting on his appointment, Mr. Balogun said, “Unilever is part of the fabric of Nigeria’s history and has contributed to Nigeria’s development, over the years. I am honoured to join the Board and look forward to working with my Board colleagues, Management and Staff of Unilever to continue to build its heritage and delivering greater value to all of our stakeholders.”
Mr. Balogun brings over 35 years of experience in investment banking, investment management, investing, and mobile telecommunications.
Chapel Hill Denham, which he established in April 2005, is Nigeria’s premier investment bank and alternative investment manager. The firm is dedicated to impact investment in sectors crucial to sustainable development in Nigeria and Africa, including infrastructure, renewables, climate, real estate, gender, venture, and the creative economy.
Prior to founding Chapel Hill Denham, Mr. Balogun spent over ten years with FCMB Group in investment banking and securities trading. In January 2001, he transitioned to co-found Econet Wireless Nigeria, now known as Airtel Nigeria. He played a key role in securing $285 million in funding and led the license bid auction for Econet Wireless Nigeria’s GSM license.
In a statement signed by the company’s management, it was revealed that Mr. Bolaji Balogun is the Founder and Chief Executive Officer of Chapel Hill Denham and the Chief Investment Officer of the Nigeria Infrastructure Debt Fund.
Mr. Balogun brings over 35 years of experience in investment banking, investment management, investing, and mobile telecommunications.
Chapel Hill Denham, which he established in April 2005, is Nigeria’s premier investment bank and alternative investment manager. The firm is dedicated to impact investment in sectors crucial to sustainable development in Nigeria and Africa, including infrastructure, renewables, climate, real estate, gender, venture, and the creative economy.
Prior to founding Chapel Hill Denham, Mr. Balogun spent over ten years with FCMB Group in investment banking and securities trading. In January 2001, he transitioned to co-found Econet Wireless Nigeria, now known as Airtel Nigeria. He played a key role in securing $285 million in funding and led the license bid auction for Econet Wireless Nigeria’s GSM license.
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