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Business

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ICT

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Capital Market

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Insurance

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GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

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Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

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Business

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PPC Names Ayodeji Grillo as New CEO

PPC Limited announces the appointment of Mr. Ayodeji Grillo as the new Managing Director effective Monday, August 22, 2022.

Mr. Grillo served as the Executive Director for the last eight (8) years, and his tenure has seen growth in the various business verticals, especially in the Medical Healthcare division, where he led the Public-Private Partnership with Lagos state, currently the largest in Nigeria, as well as other expansions in the business. The decision was unanimously taken by the Board based on his track record.

Making the announcement, the outgoing Managing Director, Engr. Biodun Disu stated, “Ayo has made innovative, strategic and key contributions in ensuring PPC’s viability and success.”

Mr. Grillo has held various senior Finance positions within Cadbury Nigeria where he was responsible for driving performance and capacity expansion to secure a profitable portfolio of products.

Prior to joining Cadbury, he was based in the UK where he held a number of executive roles.

As the pioneer Finance & Contracts Director of London East Connexions Partnership, he set up and developed the Finance & Contracts functions.

While at Family Action (formerly FWA), one of the oldest and established UK charities, as the Finance & Administration Director, Ayo was responsible for transforming the charity’s finances and drove the improved performance of the charity, enabling it broaden its activities and extend its impact within its operating communities.

Prior to these, he worked in various senior Accounting and Human Resources roles.

Mr. Grillo has a Degree in Business Administration from the University of Ilorin, a PG (Dip.) in Operations Research from the London Metropolitan University, and an MBA with emphasis on Strategy, Finance and Change Management from the University of Greenwich. He is a Fellow of the Chartered Institute of Management Accountants (CIMA, UK), a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Fellow of the Institute of Management Consultants.

Mr. Grillo takes over from Engr. Biodun Disu, pioneer MD of PPC Ltd., who remains the Executive Chairman.

 

 

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