Premier Paints Plc has appointed Dr. Ade Yusuf, as its new Managing Director.
The company’s Board of Directors approved Yusuf’s appointment as part of the ongoing plans to reposition the company to effectively face the challenges of the economic recession.
Yusuf, who resumed duty in April 2017, is credited with facilitating the auditing of the company’s 2016 financial records, which was submitted to the Nigerian Stock Exchange (NSE) last July 10.
The paint manufacturing company is one of the companies which the stock exchange suspended trading on their shares last July 5 for failing to submit audited annual reports within the stipulated deadline.
Established in 1982 and quoted as public company on the Nigerian Stock Exchange in 1995, Premier Paints is a major producer of wood finishes, decorative and industrial coatings.