PZ Cussons Nigeria Names New MD/CEO and CFO From June 2026

PZ Cussons Nigeria Plc filed a corporate action notice on 1st June 2026 disclosing the resignation of its Chief Executive Officer and the appointment of two new executive directors to the board. The filing notifies the Nigerian Exchange Limited and shareholders of the leadership changes, which take effect from 1st June 2026.
PZ Cussons Nigeria Plc (NGX: PZ) has notified the Nigerian Exchange Limited of changes to its Board of Directors, filed on 1st June 2026.
Mr. Dimitrios Kostianis resigned as Chief Executive Officer and stepped down from the Board effective 31st May 2026, to take on a new role within the broader PZ Cussons Group. The Board credited him with restoring the company's profitability and positive equity position during his tenure.
Mr. Oghale Joseph Elueni has been appointed Managing Director/Chief Executive Officer effective 1st June 2026. He previously served as Managing Director of the Company's Consumer business and joined the company in 2021. He holds over 20 years of experience in the consumer goods sector, with prior roles at SC Johnson and Procter & Gamble across Africa and the United States.
Mr. Ebenezer Oludare Elusakin has been appointed Executive Director and Chief Financial Officer, also effective 1st June 2026. He has served as the Company's CFO since November 2024 and previously held finance leadership roles at Unilever, Diageo, and Royal Philips.
Both appointments are subject to ratification at the Company's next Annual General Meeting. PZ Cussons Group CEO Jonathan Myers confirmed the Group's continued commitment to its Nigerian operations, noting a presence in the country since 1899.
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