PZ Cussons Nigeria Plc has announced a major leadership transition, appointing Oghale Joseph Elueni as its new managing director and chief executive officer, while also elevating chief financial officer Ebenezer Oludare Elusakin to its board of directors as executive director.
The appointments took effect on June 1, 2026, following the resignation of Dimitrios Kostianis, who stepped down as CEO and board member to assume a new role within the wider PZ Cussons Group. The changes were disclosed in a notification to the Nigerian Exchange Limited (NGX).
Kostianis leaves after leading the company through a challenging period marked by macroeconomic headwinds and foreign exchange pressures. During his tenure, PZ Cussons Nigeria restored profitability and returned to a positive equity position, achievements the board described as significant milestones in the company’s turnaround journey.
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Elueni, who previously served as managing director of
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