Unilever Nigeria PLC: Director Chika Nwobi Retirement Notice

Unilever Nigeria Plc has notified the Nigerian Exchange Limited and the investing public of the forthcoming retirement of Mr. Chika Nwobi as a director of the company. The notice, signed by Company Secretary Peter Dada and dated 23 October 2026, states that Mr. Nwobi's exit takes effect from 31 December 2026.

According to the filing, the retirement is consistent with the company's Board Charter, which sets a maximum tenure of nine years for Independent Non-Executive Directors. No further details about the circumstances of the departure were provided beyond this policy basis.

The current board composition listed in the filing includes Bolaji Balogun as Chairman, Tobi Adeniyi as Managing Director, and several other directors: Ben Langat, Michael Ikpoki, Ngozi Edozien, Umma Yusuf Aboki, Adenike Ogunlesi, Uchenna Nwakanma, and Modupe Femi-Okunbanjo. Mr. Nwobi remains a director until the effective date of his retirement at the close of December 2026. The filing does not name a replacement or indicate whether a successor has been identified.