THE Board of Flour Mills of Nigeria PLC, FMN, has announced the appointment of Mr. Foluso Phillips as a Non –Executive Director of the Company.

The appointment took effect from March, 12  2014.

Foluso, according to a statement by the company, is the Executive Chairman and Founder of Phillips Consulting Limited, a firm engaged in business and management consulting, with offices in Nigeria and South Africa.

The company noted that he is a qualified Industrial Economist, a Chartered Management Accountant of the United Kingdom, and a Fellow of the Institute of Chartered Accountants of Nigeria.

It said, “He brings with him experience and expertise in finance, business management, enterprise development and macro-economic policy management. Mr. Phillips who is very active in the Nigerian corporate scene sits on many boards as a director, trustee or shareholder of commercial organizations, NGOs and charities.

He is the Chairman, Nigeria Economic Summit Group; Chairman, Nigeria/South Africa Chamber of Commerce; Chairman, Interbrand Sampson West Africa; and Chairman, Web Liquid West Africa. Mr. Phillips also serves as Director, Special Olympics of Nigeria; Director, Vigeo Holdings (a Power & Energy company in Nigeria); advisory board member, Africa Leadership Academy (an African Leadership Senior School based in Johannesburg).

“Mr. Phillips demonstrates a special interest and a keen commitment to the African Renaissance, and he is very active in supporting Pan-African initiatives in his different spheres of endeavour.

He is a prolific speaker, who has addressed many international business seminars and conferences including Wharton Business School and Harvard Business School both in the United States of America, Business in Africa’s Leadership Summit in South Africa and several other leadership conferences, business and trade summits across Africa, Europe, and the USA. He is also the publisher of the West Africa edition of the “Business in Africa” Magazine.”

In addition, Group Managing Director, Flour Mills, Mr. Paul Gbededo said, “Foluso is a professional with high personal integrity, and brings with him, many years of managerial experience in turning around and growing companies profitability. Indeed, the Board of Flour Mills of Nigeria is thrilled to have such an experienced and versatile gentleman who can add great value.”