Cutix Plc NCCG 2018 Compliance Report Filed – Key Board Changes
Cutix Plc has filed its compliance report with the Nigerian Code of Corporate Governance 2018 (NCCG 2018) with the Financial Reporting Council of Nigeria. The document discloses details of the company's board composition, committee membership, and significant board-level changes during the reporting period.
Cutix Plc, the Nnewi-based wire and cable manufacturer listed on the Nigerian Exchange, has submitted its NCCG 2018 compliance template to the Financial Reporting Council of Nigeria. The filing covers the company's governance structure, board composition, and attendance records for the reporting year.
The document confirms that Cutix Plc operates as a holding company with Adswitch as its subsidiary. The board currently comprises a mix of Executive, Non-Executive, and Independent Non-Executive Directors. Mrs. Ijeoma Oduonye, who served as MD/CEO since October 2018, exited the board on March 5, 2026, with Mrs. Uchechukwu Igbokwe appointed Acting CEO on the same date.
Two Independent Non-Executive Directors — Prince Charles Orizu and Mrs. Ijeoma Ezeasor — departed the board, while three new INEDs and two new NEDs were appointed in August 2025. Barr (Mrs.) Ifeoma Nwahiri continues to serve as Board Chairman, having been appointed to that role in August 2023. The company's financial year ends April 30, and its external audit is conducted by Ngozi Monica Okonkwo & Co, Chartered Accountants, based in Onitsha.
