US Firm Appoints Obayagbona CEO


American chemical company, Dow Chemical (Dow), has indicated its intention to expand its operations into the West African region through Nigeria, with the appointment of a Nigerian, Mr. Edosa Obayagbona, to drive the new expansion.

The company which is the second largest chemical manufacturer in the world by revenue worth $62 billion, to this end, has announced that Obayagbona, would now head its operations as the Managing Director for West African region.

According to a statement, Dow stated that it would build on its success in Nigeria over the last six years to expand into the region, and would expect Obayagbona, to lead the organisation through the next level of growth in the region. 

It explained that West Africa was key to its African growth ambition which was anchored on the strong economic potential; increasing regional economic integration; government-led drive for diversification; high access to mobile technology and a young, entrepreneurial demographic.