Chemical and Allied Products Plc (CAP PLC) hereby informs The Nigerian Stock Exchange and the investing public of the resignation of Mrs. Bolarin Okunowo from the Board of the Company effective July 21, 2020.
Mrs. Okunowo has recently been appointed as the Managing Director of Portland
Paints and Products Nigeria Plc and her resignation from the Board of the Company is to enable her to adequately focus on that role.
Mrs. Okunowo joined the Board of the Company on May 31, 2019. The Board and
Management of the Company expresses their sincerest appreciation to Mrs. Okunowo for her invaluable commitment and the depth of knowledge, experience and insight which she brought to Board deliberations.