Neimeth Appoints Independent Director

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By: PETER NOSAKHARE,  Kaduna

Neimeth Iternational Pharmaceutical Plc has announced the appointment of Mrs. Bashirat Odunewu as an Independent Director in compliance with the statutory requirements for good corporate governance.

Mrs. Odunewu, a chemistry graduate of University of Manchester Institute of Science and Technology, also holds a Master of Science degree from the University of London.

She is a fellow of the Institute of Chartered Accountants of Nigeria (ICAN), and a member of the Chartered Institute of Arbitrators (MCIArb).
Mrs Odunewu has over 20 years experience in the financial services sector and is currently the Group Executive, International Banking at First Bank Nigeria Limited.

Meanwhile, Neimeth International Pharmaceuticals Plc’s half year report released to the Nigerian Stock Exchange (NSE) show a 115 per cent growth in Profit Before Tax (PBT) over figures for the same period last year.

This is an indication that the company has overcome the tragic fire incident of March 2017 as was appreciable growth in turn over from 602 million naira in March 2017 to 877 million naira in March 2018.

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