Etex Group, a global building materials company, has announced the appointment of Peju Adebajo as the managing director of its Nigerian subsidiaries, Nigerite Limited and Emenite Limited. The appointment takes effect from August 1, 2024, according to a statement released by the company on Thursday.
Background and Experience
Adebajo brings over 20 years of experience in the manufacturing and building materials sector to her new role. She previously served as the managing director of a leading manufacturing company in Nigeria, where she was responsible for driving growth and operational efficiency. Her career also includes senior positions at multinational firms, where she honed her expertise in strategy, business development, and supply chain management.
In her new capacity, Adebajo will oversee the operations of both Nigerite and Emenite, which are key players in Nigeria's building materials market. Nigerite is known for its roofing sheets and ceiling products, while Emenite specializes in fiber cement products. The group aims to strengthen its presence in the Nigerian market under her leadership.
Strategic Vision
Commenting on the appointment, Etex Group's CEO said: "We are delighted to welcome Peju to the Etex family. Her deep understanding of the Nigerian market and proven track record in leading manufacturing operations make her the ideal candidate to steer Nigerite and Emenite toward continued success. We are confident that she will drive innovation and operational excellence."
Adebajo expressed her enthusiasm for the new role: "I am honored to lead these two esteemed companies. I look forward to working with the talented teams to build on their strong foundations and deliver value to our customers and stakeholders. Together, we will explore new opportunities for growth and contribute to the development of Nigeria's building materials industry."
Impact on Nigerian Market
The appointment comes at a time when Nigeria's construction sector is experiencing significant growth, driven by infrastructure development and urbanization. Etex Group's investment in local leadership is expected to enhance its responsiveness to market needs and strengthen its competitive position. Industry analysts view this move as a positive step toward deepening the group's commitment to the Nigerian economy.
Nigerite and Emenite have a combined workforce of over 1,500 employees and operate manufacturing facilities in several states. Under Adebajo's leadership, the companies are expected to focus on product innovation, sustainability, and expansion of distribution networks.
About Etex Group
Etex Group is a Belgian-based multinational that manufactures building materials, including roofing, cladding, and insulation products. It operates in over 40 countries and employs more than 15,000 people globally. Its Nigerian subsidiaries have been operational for decades and are recognized for quality and reliability in the local market.
