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UPDC announces CEO, directors' resignation – Punch Newspapers


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Joseph Olaoluwa
UACN Property Development Company Plc has announced the resignation of its chairman, Mr Babatunde Kasali, and other non-executive directors namely, Mr Adekunle Awojobi, Prof. Okon Ansa and Mrs Awuneba Ajumogobia, from the company’s board.
Similarly, the Real estate company also announced the resignation of Mr Folasope Aiyesimoju as the Chief Executive Officer of the company.
According to a regulatory filing by the firm to the Nigerian Stock Exchange, all resignations are effective from January 4.
The board expressed its profound gratitude to the CEO as well as other directors for their contributions to the board. Aiyesimoju, however, will continue to serve as a non-executive director of the company. ....

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