Lafarge Africa Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Lolu Alade-Akinyemi

Chief executive officer


Total compensation

CEO salary percentage64.5%
CEO tenureless than a year
CEO ownershipn/a
Management average tenure1.3yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lolu Alade-Akinyemi's remuneration changed compared to Lafarge Africa's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a


Dec 31 2023₦250m₦162m


Sep 30 2023n/an/a


Jun 30 2023n/an/a


Mar 31 2023n/an/a


Dec 31 2022₦155m₦145m


Sep 30 2022n/an/a


Jun 30 2022n/an/a


Mar 31 2022n/an/a


Dec 31 2021₦105m₦96m


Sep 30 2021n/an/a


Jun 30 2021n/an/a


Mar 31 2021n/an/a


Dec 31 2020₦97m₦88m


Compensation vs Market: Lolu's total compensation ($USD169.74K) is below average for companies of similar size in the NG market ($USD895.86K).

Compensation vs Earnings: Lolu's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Lolu Alade-Akinyemi

less than a year




Mr. Lolu Alade-Akinyemi serves as Managing Director and Chief Executive Officer of Lafarge Africa Plc since June 2023. He had been Supply Chain Director at Lafarge Africa Plc since 2019 and serves as its D...

Leadership Team

Lolu Alade-Akinyemi
MD, CEO & Directorless than a year₦250.35mno data
Chinedu Richard
Interim Chief Financial Officer1.3yrsno datano data
Adewunmi Alode
General Counsel & Company Secretary6.4yrsno datano data
Viola Graham-Douglas
Director of Communicationsno datano datano data
Gbemiga Owolabi
Director of Organisation & Human Resources4yrsno datano data
Ibrahim Aminu
Managing Director of Ashaka Cementno datano datano data
Daniel Adedokun
Head of Geocycle Nigeriano datano datano data
Titilope Oguntuga
Head of Sustainable Development & Brandno datano datano data
Rachael Ezembakwe
Head of Healthless than a yearno datano data


Average Tenure

Experienced Management: WAPCO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Lolu Alade-Akinyemi
MD, CEO & Director4.1yrs₦250.35mno data
Gbenga Oyebode
Independent Non-Executive Director4.1yrs₦18.84mno data
Oyinkansade Adewale
Independent Non-Executive Director3.9yrs₦20.04mno data
Adebode Adefioye
Chairman11.4yrs₦26.95mno data
Karine Mercie
Non-Executive Director5.2yrsno datano data
Adenike Ogunlesi
Independent Non-Executive Director9.2yrs₦18.04mno data
Elenda Giwa-Amu
Non-Executive Director9.2yrs₦19.24m0.0013%
NGN 7.1m
Grant Earnshaw
Non-Executive Directorless than a yearno datano data
Khaled Abdel El Dokani
Non-Executive Director4.3yrs₦384.45mno data
Kaspar Theiler
Non-Executive Director2.1yrsno datano data
Claudia Albertini
Non-Executive Directorless than a yearno datano data


Average Tenure

Experienced Board: WAPCO's board of directors are considered experienced (4.1 years average tenure).

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