Nigerian Aviation Handling Company Plc (NAHCO PLC) has announced a restructuring of its Board of Directors following the retirement of two long-serving board members and the appointment of prominent legal and financial experts to steer the company’s next phase of growth.
The aviation handling giant confirmed the retirement of Akinwumi Godson Fanimokun, who served as the Independent Non-Executive Director and Vice Chairman, alongside Mr. Taofeeq Oluwatoyin Salman, a Non-Executive Director.
Both directors stepped down after completing an eight-year tenure on the board. Fanimokun’s retirement took effect on June 1, 2026, while Salman’s retirement became effective on June 30, 2026.
The company noted that despite his retirement, Mr. Fanimokun continues to hold a substantial equity stake in the company.
To fill the leadership vacuum left by the departures, NAHCO’s board approved the immediate elevation of Tajudeen Omoshola Shobayo. An existing Non-Executive Director on the board, Shobayo took over the mantle as the company’s new Vice Chairman effective July 1, 2026.
In a move to fortify its corporate governance and project execution capabilities, NAHCO has appointed legal powerhouse Wolemi Esan, and seasoned finance executive Julius Omodayo-Owotuga as Non-Executive Directors, effective July 1, 2026.
Wolemi Esan is a highly regarded Senior Advocate of Nigeria with more than two decades of experience handling complex corporate disputes, international arbitrations, and regulatory compliance.
Notably, Esan brings direct, high-value experience to NAHCO’s core business, having previously advised on major logistics, transportation, and airport concession transactions….
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Read Full Article by Ifeoma Okeke-Korieocha at businessday.ng
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