Presco Plc Appoints Paul Antoon L. Cardoen as Chairman

Must Read

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...
- Advertisement -
Presco Plc wishes to notify The Nigerian Stock Exchange, Shareholders and the General Public that at the Company’s Board Meeting held on Wednesday, October 28, 2020, the Board approved the appointment of Mr. Paul Antoon L. Cardoen as the new Chairman. Mr. Paul Antoon L. Cardoen replaces Mr. Pierre Alice Vandebeeck, who after 28 years of leadership at SIAT Group has decided to step down as Chairman and CEO of the business.

Mr. Pierre Alice Vandebeeck co-founded SIAT in 1991 and has overseen its development and growth into the highly successful multinational agro-industrial business it is today.

Presco Plc Appoints Paul Antoon L. Cardoen as Chairman

Mr. Paul Antoon L. Cardoen is the Chief Executive Officer of Siat sa. A successful Chief Executive Officer (CEO) and Non-Executive Director (NED). He has an international mindset with extensive work experience in financial services across Europe, USA, Asia and Africa.

His core capability is to advise and lead on strategy, governance, risk and regulatory compliance, motivated by new challenges and complex situations where the broad experience built from cross-cultural teams can be applied.

- Advertisement -

He led various teams through significant strategic and organizational change, including but not limited to: digital transformation, mergers and acquisitions (M&A), growth acceleration, operating model re-design, turnaround activity and crisis situations. He is a former CEO of FBN Bank (UK) Ltd; Deputy General Manager (Member of Executive Committee), MUFG Bank (UK); Managing Director (Member of Executive Committee), BNP Paribas/Fortis (UK); CEO, The Trust Bank Ltd (Ghana) and CEO, Bank Belgolaise (UK) among others.

Read Also:  Buhari Returns: Hope High and Challenges Daunting - LBS Breakfast Session (September 2017)

He brings his wealth of experience and exposure to the Board and Company.

Presco is a fully-integrated agro-industrial establishment with oil palm plantations, palm oil mill, palm kernel crushing plant and vegetable oil refining and fractionation plant. It also has an olein and stearin packaging plant and a biogas plant to treat its palm oil mill effluent.

Read Also:  FrieslandCampina, IFDC partner to boost milk production in Nigeria

Presco specialises in the cultivation of oil palm and in the extraction, refining and fractionation of crude palm oil into finished products.

- Advertisement -

Presco supplies speciality fats and oils of outstanding quality to customer specifications and assures a reliability of supply of its products year-round. This is made possible by the integrated nature of the company’s production process.

Presco is the Nigerian market leader for speciality fats and oils.

- Advertisement -
Presco Plc Appoints Paul Antoon L. Cardoen as Chairman - Brand SpurPresco Plc Appoints Paul Antoon L. Cardoen as Chairman - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Presco Plc Appoints Paul Antoon L. Cardoen as Chairman - Brand SpurPresco Plc Appoints Paul Antoon L. Cardoen as Chairman - Brand Spur

Latest News

FinTech Investments in Q3 2020 Drop by 16% Quarter-over-Quarter to $12.15 Billion

The total value of fintech investments worldwide sank to $12.15 billion in Q3 2020, a 16% drop compared to...

Pokemon Go Lifetime Revenue Crosses $4 Billion as Year-To-Date Revenue Surges by 30%

The year 2020 has been the most profitable year for Pokemon Go since its launch in 2016. The mobile game generated $1 billion in...

Golden Guinea Breweries Plc Reports N18.88m PAT in Q3 2020

The Umuahia, Abia State-based Golden Guinea Breweries Plc has released its unaudited financial statements for the year ended September 30th, 2020. The brewer recorded Revenue...

Nigeria Gross Domestic Product: COVID-19 drags economy further by 3.62%

The Nigerian economy slid into its second recession in five years, following the 3.62% y/y contraction recorded in Q3’20 (Q3’19: +2.28% y/y). The economy...

Shoprite surprises customers on a bumper Black Friday

Shoprite Nigeria’s supermarkets have offered early Black Friday deals and big discounts on everyday essentials as customers are increasingly looking for value, given the...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Presco Plc Appoints Paul Antoon L. Cardoen as Chairman - Brand SpurPresco Plc Appoints Paul Antoon L. Cardoen as Chairman - Brand Spur