UAC of Nigeria (NGX: UAC) has announced changes to directorship roles across the Group, appointing Group Investment Director Adebolanle “Debola” Badejo to the board of UPDC PLC while he steps down from UAC’s own board, effective 13 July 2026.
The reshuffle is part of a broader restructuring aimed at strengthening governance across UAC’s operating companies and supporting the Group’s growth strategy.
Badejo will remain a member of UAC’s Executive Committee, continuing to report directly to Group Managing Director Folasope Aiyesimoju.
The change is designed to let him focus fully on portfolio governance and value creation across the Group, while continuing to lead UAC’s mergers and acquisitions programme, oversee divestment of non-core businesses, and drive capital allocation for major strategic investments.
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