The Board of Directors of Vitafoam Nigeria plc has appointed Zakari Mohammed Sada as non-executive director of the company.
The company announced this in a statement dated Monday, 28 November 2022 and signed by Lekan Sanni, its company secretary/legal adviser.
The appointment became effective 16 November 2022, according to the statement published on the Nigerian Exchange (NGX) website.
According to the statement, the company is optimistic that it would benefit from Sada’s wealth of experience in diverse areas including corporate planning and strategy, administration, financial and regulatory advisory.
Prior to his appointment, Sada served as managing director/CEO of Penman Pensions Limited, and was a former commissioner, North West Zone, Fiscal Responsibility Commission.
The new director holds a Bachelors of Science (B.Sc. Hons) with First Class Honours from the prestigious Ahmadu Bello University, Zaria, Kaduna State. He began his career in the public service as an accountant with the Kaduna State Health Management Board. He later ventured into auditing & consulting and then into banking.
Sada’s banking career spanned 17 years at Habib Nigeria Bank Limited, where he occupied several senior management positions, and later rose to the position of executive director, acquiring experience in financial and business advisory services. He is currently the practice chairman, Sada, Idris & Co Chartered Accountants.
His background comprises accounting, credit analysis and control, banking operations, administration, corporate planning, strategy and regulatory experience.
The new director is an alumnus of the Harvard Business School, Boston, where he attended the Management Development programme.
He is also a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Fellow, Association of Certified Chartered Accountants of NIgeria(FCCA), Fellow, Chartered Institute of Taxation of Nigeria (FCTI), and Fellow, Chartered Institute of Pensions of Nigeria.