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Who Is Bolaji Balogun? Meet Unilever Nigeria’s New Chairman

Mr. Bolaji Balogun brings over thirty-five years of extensive experience in investment banking, investing, and telecommunications to his new role at Unilever Nigeria.


Unilever Nigeria Plc has recently made significant additions to its leadership team by appointing Bolaji Balogun as the Independent Non-Executive Director and Chairman of the Board, alongside Ngozi Edozien as an Independent Non-Executive Director.

These appointments, effective from May 16, 2024, mark a pivotal moment for the company as it continues to drive growth and innovation within Nigeria’s manufacturing sector.

But who is Bolaji Balogun, and what makes him a pivotal figure in the business world?

Mr. Bolaji Balogun brings over thirty-five years of extensive experience in investment banking, investing, and telecommunications to his new role at Unilever Nigeria.

He is the Founder and Chief Executive Officer of Chapel Hill Denham, Nigeria’s leading investment bank, established in April 2005. His career is distinguished by his profound impact on the financial services sector and his role in pioneering investment strategies that have shaped the industry.

Balogun. Photograph: Bolaji Balogun/LinkedIn

His impressive track record includes significant contributions to mobile telecommunications and investment banking, underscoring his expertise in driving financial and operational excellence.

His leadership at Chapel Hill Denham has been instrumental in positioning the firm at the forefront of Nigeria’s financial landscape.

In a statement regarding his appointment, Mr. Balogun expressed his enthusiasm, “Unilever is part of the fabric of Nigeria’s history and has contributed to Nigeria’s development over the years.

“I am honoured to join the Board and look forward to working with my Board colleagues, Management, and Staff of Unilever to continue to build its heritage and deliver greater value to all of our stakeholders.”

Bolaji Balogun is a seasoned investment banker and financial expert with a stellar career that spans over two decades.

His professional journey is characterized by significant contributions to Nigeria’s financial and investment sectors, earning him a reputation as a key player in the industry.

An alumnus of the University of Lagos, Bolaji Balogun’s academic background laid a solid foundation for his illustrious career. He graduated from the University of Lagos, where he studied Economics.

He holds an MBA from Harvard Business School and a Bachelor’s degree in Economics from the University of East Anglia.

His deep understanding of the Nigerian market and his track record of driving growth and innovation are expected to bring new vigor to Unilever Nigeria.

Known for his forward-thinking approach, Balogun is expected to steer Unilever Nigeria towards achieving sustainable growth and enhancing its market position.

His commitment to excellence and his ability to inspire teams make him an ideal leader to guide Unilever Nigeria through the evolving business landscape.

Beyond his role at Unilever, Bolaji Balogun is a respected voice in the financial sector.

His insights and perspectives are highly valued, and he often participates in industry forums and discussions, contributing to the shaping of financial policies and practices in Nigeria.

Bolaji Balogun maintains a low profile in his personal life, but his dedication to professional excellence is well-known.

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