Dangote Cement appoints Gbenga Fapohunda as acting group CFO

Dangote Cement Plc, has appointed Dr. Gbenga Fapohunda as Acting Group Chief Finance Officer (CFO).

The appointment follows the resignation of Mr. Guillaume Moyen who previously held the position in substantive capacity.

The appointment was disclosed through a notice filed with the Exchange and signed by the company’s secretary, Edward Imoedemhe.

According to the disclosure, Mr. Guillaume Moyen resigns as Group CFO effective June 30, 2022.

In accepting Mr. Guillaume’s resignation, the Board deeply appreciates his commitment and contributions to DCP and wishes him well in his future endeavours.

Dr Fapohunda is a multi-skilled finance professional with over twenty years of experience. He joined DCP as the Regional Chief Finance Officer (CFO) in Nigeria, effective March 1, 2021.

Before this, he was the Executive Finance Director for West Africa at Japan Tobacco International (JTI), where he was on the Board – He joined JTI from United Parcel Service (UPS), where he was Nigeria’s Chief Finance Officer (CFO).

Prior to JTI, he was the CFO and a board member at British American Tobacco (BAT) Ghana, where he oversaw 12 countries in Africa. Earlier in his career, he was a manager within the financial advisory team at PricewaterhouseCoopers (PwC) and also worked as a consultant at KPMG Professional Services. He holds an MBA in Finance from London Business School U.K. and a Doctor of Philosophy (Marketing) from Delta State University.

Dr. Fapohunda is a Fellow Member of the Institute of Chartered Accountants of Nigeria; An Associate Member of the Chartered Institute of Taxation; An Associate Member of the Institute of Cost Management Accountants; An Associate Member of the Institute of Treasury and Financial Administration; An Associate Member of the Institute of Credit & Risk Management; An Associate Member of the Nigerian Institute of Management.

According to the notice, the company welcomes Dr Gbenga Fapohunda as the new Acting Group Chief Finance Officer of DCP, effective July 1, 2022, and wishes him a successful tenure