UAC of Nigeria Plc has appointed its Group Investment Director, Adebolanle Badejo, to the board of UPDC Plc as part of a strategic restructuring aimed at enhancing portfolio governance and accelerating the group’s growth objectives. The appointment took effect on July 13, 2026, following a corporate disclosure issued by UAC Nigeria. This move reflects the company’s commitment to aligning its investment leadership more closely with its operating businesses while maintaining central oversight of key financial decisions.
Badejo will step down from the board of UAC of Nigeria Plc but will remain a key figure within the group’s leadership structure. He will continue to serve on the Executive Committee and report directly to Group Managing Director Folasope Aiyesimoju. His transition to UPDC’s board is designed to deepen strategic integration between the property company and UAC’s broader investment framework, enabling better coordination in expansion, restructuring, and return optimization across the portfolio.
In his new role, Badejo will focus on portfolio governance, value creation, and strategic decision-making across UAC’s operating companies. He will also lead the group’s mergers and acquisitions programme, oversee the divestment of non-core assets, and manage capital allocation for major strategic investments. His expanded responsibilities underscore UAC’s shift toward a more active and agile portfolio management model.
Beyond his new position at UPDC, Badejo retains significant directorships across multiple UAC portfolio companies. He serves as a non-executive director of Chemical and Allied Products Plc and chairs its Risk Management Committee. He is also a non-executive director of C.H.I. Limited and holds leadership roles at DP World Logistics Limited, where he chairs the Risk and Governance Committee, and Grand Cereals Limited, where he chairs the Governance and Human Resources Committee and sits on the Nominations Committee.
Additionally, Badejo is a non-executive director of Livestock Feeds Plc, chairing its Risk Management Committee and serving on the Governance and Human Resources Committee. He continues as a non-executive director of UAC Foods Limited and a member of its Risk and Governance Committee. At UAC Restaurants Limited, he serves as a director and chairs the Risk and Audit Committee.
These roles collectively give Badejo direct oversight of governance, performance, and capital needs across several UAC subsidiaries. The restructuring is expected to improve decision-making speed, identify underperforming assets, and prioritize investment opportunities. UAC Nigeria’s board acknowledged Badejo’s contributions and expressed confidence in his continued leadership. The group operates in food and beverages, animal feeds, paints, restaurants, logistics, and real estate, and this strategic move positions it for stronger performance and long-term growth.
Leave a Comment