Appointment
Presco Plc Appoints Ademola Adebise to Board as Independent Non-Executive Director
Presco Plc has announced the appointment of Mr. Ademola Adebise as an Independent Non-Executive Director, filling a casual vacancy on its Board of Directors until the next Annual General Meeting.
The company disclosed the development in a formal notice to the Nigerian Exchange Limited and its stakeholders on October 2, 2025. Mr. Adebise brings over 33 years of experience across information technology, treasury, risk management, financial control, strategic planning, and corporate banking.
He previously served as Managing Director and CEO of Wema Bank, where he led the creation of Africa’s first digital bank, ALAT. His boardroom experience includes roles at AIICO Pension Managers, FITC, NIBSS, and Great Nigeria Insurance Plc. He currently serves on the boards of AIICO Capital, AIICO Insurance, and FCMB Group Plc, and chairs Family Homes Fund Limited.
A Fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Bankers of Nigeria, Mr. Adebise is also affiliated with several other professional bodies.
-
Waldrum Questions NFF on $960,000 World Cup Grant
Former Super Falcons coach Randy Waldrum has demanded that the Nigeria Football Federation (NFF) clarify how it utilised the $960,000 reportedly disbursed by FIFA in October 2022 to all participating nations for preparations ahead of the 2023 FIFA Women’s World Cup in Australia and New Zealand. Waldrum criticised the organisation of Nigeria’s October 2022 friendly…
-
Labour Party Ratifies Congresses, Validates Convention
The Labour Party’s National Executive Council has reaffirmed that the leadership elected at the 2024 national convention in Nnewi remains valid. The NEC issued a formal resolution after its Abuja meeting attended by National Working Committee members, state leaders and officials of the electoral commission. The NEC said it reviewed the controversies surrounding the 2024…
-
Otti’s Labour Party Group Files New Leadership
A faction of the Labour Party aligned with Abia State Governor Alex Otti and former presidential candidate Peter Obi has sent a new 34-member list of its Interim National Working Committee to the electoral commission, intensifying the party’s ongoing leadership contest. The updated list, signed by Interim National Chairman Nenadi Usman and Interim National Secretary…
Presco Plc expressed confidence that his appointment will enrich the board’s leadership and support the company’s growth strategy. The announcement was signed by Frederick Ichekwai, Company Secretary.