The Board of Directors of Skyway Aviation Handling Company Plc (SAHCO Plc), NGX: SKYAVN, has announced the appointment of Mr. Olusegun Adejo as the Chief Financial Officer (CFO) of the company effective November 1st, 2025.
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In a regulatory filing released by the company on Tuesday, the Board stated that his appointment reflects the Company’s commitment to strengthening its financial operations and driving sustainable growth. Mr. Adejo’s deep industry knowledge and financial expertise are expected to significantly contribute to SAHCO PLC’s strategic objectives and operational efficiency.
Mr. Adejo brings to SAHCO PLC over 20 years of extensive experience spanning the aviation, maritime, and hospitality sectors. He has served in various leadership and financial roles across multiple subsidiaries within SIFAX Group, demonstrating a consistent track record of excellence, strategic insight, and financial stewardship.
SAHCO, formerly known as Skypower Aviation Handling Company Limited, was carved out of the liquidated Nigeria Airways Limited as part of the Nigerian Federal Ministry of Aviation’s Reform of 1996. On the 23rd of December 2009, SAHCO was handed over to the Sifax Group by the Federal Government of Nigeria, after a keenly contested privatization in which Sifax Group came first as the preferred bidder with the sum of N5.52 billion Naira.
Skyway Aviation Handling Company Plc (SAHCO Plc) was incorporated on the 21st of April 2009, on 3rd of December, 2009, SIFAX Shipping Limited and Global Apex Logistic Limited through Skyway Aviation Handling Company Limited acquired 100% interest of the Federal Government in Skypower Aviation Handling Company Limited due to the privatisation of the company.
Skyway Aviation Handling Company Limited became a Public Limited Liability Company on 5th October, 2018, was listed on the Nigerian Stock Exchange on the 23rd of April 2019.
The principal activities of the Company include provision of aviation handling services including aircraft/ramp handling, cargo handling, passenger handling, premium lounge, aviation security and baggage reconciliation.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
