Berger Paints Nigeria (BPN) Plc, a leading paint manufacturer in the country, has reinforced its operating effectiveness and value creation with the appointment of Pheobe Onyinye Obi as the company’s new chief financial officer (CFO). The appointment is in furtherance of the company’s strategic plan to position its operations for increased efficiency and enhanced value creation.
Berger Paints, in a statement signed by the company secretary, Ayokunle Ayoko and filed with The Nigerian Stock Exchange, said the appointment of Obi was consistent with the company’s policy of attracting talents, adding that it has been approved by the Nigerian Stock Exchange (NSE).
The paint manufacturing giant further revealed that Obi’s wealth of experience of almost 15 years in leading strategic planning, budgeting, and corporate finance for high-growth organisations will be an added advantage to the firm in a bid to realizing her goals and set objectives as top paint manufacturer in Africa.
According to the company’s statement, “We are pleased to inform our stakeholders and by extension, the public, that in furtherance of its plan to strategically position the company’s operations for increased efficiency and enhanced value creation, the board of Berger Paints Nigeria Plc (BPN), has approved the appointment of Pheobe Onyinye Obi as the Chief Financial Officer.
“Obi comes with almost fifteen years of extensive local and international experience in leading strategic planning, budgeting, and corporate finance for high-growth organisations.
“Prior to her appointment with BPN, she worked with Messrs KPMG Professional Services (KPMG) from 2009 to 2018, where she rose from senior associate to management level. At KPMG, she spearheaded projects in consumer markets, adding several companies to the existing client base. Additionally, she met and surpassed deadlines and requirements of multinational group reporting both under IFRS and local statutory reporting requirements.
“Thereafter, she was engaged as senior accountant at Lion Seal Industries Limited, from January 2019 till March 2020, before joining the United Kingdom (U.K) based firm of Nomiworld/Sochitel Telecommunications Limited as head – compliance and financial controls in April 2020.
“She has several certifications including professional training and certificates in supervisory skills, intermediate/advanced Microsoft Excel and Financial Modelling, KPMG Global Risk Management training, United Nations E-Course on Climate Change, amongst others.”