The visit, led by the Company’s new managing director and chief executive officer, Joel Ajiga also reinforced the success story of Vitafoam Nigeria’s 50th Anniversary that was widely publicised.
Ajiga assured The Exchange’s management of the Company’s Commitment towards Shareholder Value and determination to furnish the Exchange with regular information of the company’s operations in line with the Post Listing Requirements. He commended the Exchange’s management for the on-going market recovery and introduction of market makers among others to create liquidity.
While interacting with the stockbrokers on the trading floor, Ajiga explained that Vitafoam Nigeria Plc places premium on Community Social Responsibility, citing the company’s assistance to some of the recent flood victims in many states. Ajiga who was accompanied by the executive director, Sales and Marketing, Peter Folikwe, technical director, Taiwo Adeniyi executive director, Finance, Brass Ogun, The company secretary, Lekan Sani and the National Sales Manager, Engineer Bamidele Sola Owoade rang the symbolic closing bell.
In his earlier welcome address, The Exchange’s Executive Director, Operations and IT, Ade Bajomo who represented The Exchange’s Chief Executive Officer, Oscar Onyema expressed joy that The Exchange’s introduction of marker makers had impacted positively on the market while the Board of Trustees had been constituted for its Investor Protection Fund for enhanced investor protection.
Only recently, Vitafoam Nigeria Plc celebrated its 50th Anniversary with fanfare by rewarding the numerous key regional distributors. Many consumers of the company’s products benefited immensely in the promotion that characterized the anniversary. The events were held in Lagos, Benin, Aba, Jos and Kano. The grand finale was held at Muson Centre Lagos where overall winners carted away prizes ranging from Deep Freezer to trucks.