PZ Cussons Nigeria appoints Richard Walker as new director

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PZ Cussons Nigeria has appointed Richard Walker as a director on the board of the company, effective February 13, 2025.

The announcement was made in a statement signed by the company secretary, ALSEC Nominees Limited, and noted that the new appointment is subject to ratification at the next annual general meeting.

“This is to notify our esteemed shareholders, the investing public, and the Nigerian Exchange Limited that the Board of Directors of PZ Cussons Nigeria PLC (‘the company’) approved the appointment of Mr Richard Walker as a director on the board of the company with effect from February 13, 2025, subject to ratification at the next annual general meeting,” the statement read.

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Richard Walker joined PZ Cussons in January 2022 as the Group Director of Tax and Treasury and brought significant experience in treasury, tax, capital markets, and corporate finance gained over two decades of global senior finance roles across various industries.

“We are confident that he will contribute significantly to the ongoing strategic direction of the company,” the statement added.

Earlier in the week, PZ Cussons reported a significant decline in profits for the past year due to challenges posed by the Nigerian naira. However, the recent stabilisation of the currency offers some optimism for the future.