Tantalizers Plc has launched the appointment of Dutch nationwide Robert Speijer as Group Managing Director (GMD) and Charles Olayemi Ifidon as Group Deputy Managing Director (DMD) and Managing Director/CEO of Tantalizers Foods and Retails.
The announcement, detailing these strategic administration modifications, was printed on the NGX platform on November 14, 2024, and signed by Barrister Eze Nwa-Uwa, the showing agency secretary.
Further particulars reveal that Bamidele Oke has been re-appointed as Executive Director of finance, whereas former General Manager of Operations, Mr. Olusegun Ekundayo, has been promoted to Executive Director overseeing operations.
The launch stated:
“In accordance with Nigerian Exchange Limited (“NGX”) Rulebook, we hereby notify NGX and the investing public that the Board of Directors (‘the Board’) of Tantalizers Plc (the Company) is joyful to announce the appointment of Dutch citizen Robert Speijer as its new Group Managing Director (“GMD”) and Charles Olayemi Ifidon as its Group Deputy Managing Director (“DMD”) along with MD/CEO of Tantalizers Foods and Retails, with impression from Tuesday, twenty ninth October 2024.”
However, as emphasised throughout the disclosure, these appointments keep subject to shareholder ratification via the agency’s forthcoming annual fundamental meeting.
Robert Speijer’s profile
Robert has over thirty (30) years of experience spanning the blue monetary system, oil and gasoline, and maritime sectors, having served as Group Executive Director at Jagal Group and NigerDock with duties for enterprise development.
He has moreover held roles as Vice President of Africa for Inchcape Shipping Services and Director for Business Development (West Africa) at Petrofac International, a London Stock Exchange-listed agency working in over 32 worldwide areas.
A talented engineer from the Merchant Navy Academy throughout the Netherlands and a licensed blue monetary system expert, Robert is predicted to steer Tantalizers Plc’s transformation proper right into a diversified agency with pursuits in meals, leisure, and the blue monetary system.
Charles Ifidon’s profile
Charles Ifidon, the model new Group DMD, has over 30 years of experience as CEO of assorted organizations spanning inns, hospitality, and logistics, following his graduation from Obafemi Awolowo University, Ile-Ife.
He beforehand served as MD/CEO of Roadnetwork Global Resources Limited and De-Vine Hotels, now managed by Presken Hotels Chain.
A serial entrepreneur and passionate foodie, Charles is predicted to leverage his in depth experience in agriculture, meals, and hospitality because the model new board steers Tantalizers’ transformation journey.
Commenting on the appointment
Speaking on these appointments, Alhaji Adam Nuru, the Chairman of the model new Tantalizers Plc, remarked, “The newly constituted Board is excited to have all these professionals serve in this Tantalizers Plc transformation journey.”
He added, “I believe that all the stakeholders are looking forward to the Robert Speijer-led team building a highly diversified food and entertainment group in the years ahead.”
Backstory
- Tantalizers Plc currently secured over N1 billion in private equity funding to kind out its financial challenges and reposition the company for larger operations.
- This development follows years of financial strain, with the company’s stability sheet exhibiting essential debt and declining revenues, necessitating exterior intervention.
- In a submitting with the Nigerian Exchange Group (NGX), Tantalizers revealed that Messrs Food Specialties and Organics Limited and Banklink Africa Private Equities Limited had acquired a majority stake throughout the agency.
- The funding is predicted to help the company’s restructuring course of and help stabilize its operations.
- With these appointments, Tantalizers Plc targets to drive growth and strengthen its presence throughout the meals and leisure sectors.
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