ABB in Nigeria

Facts and Figures

Previous Name: BBC Brown Boveri (Nig.) Ltd.
Date of Incorporation: 24th February, 1977
Start of Operations: 1st March, 1977
Affiliated Foreign Company:ABB Asea Brown Boveri Limited, Zurich, Switzerland
Authorized Share Capital:N200 Million
Shareholding Structure:Nigerian Shareholders 40%, Foreign Shareholders 60%
Board of Directors / Executives:Paul N. Okaru- Chairman
Anders Lundgren (Swedish) - Managing Director
Carlos Pone (Portugese)
Alhaji Sidi M. Yero
Abimbola Akanji - Financial Director
Number of Emplyees:103 (As at march 2008)
Financial Year End:31st December
Principal Bankers:Guarantee Trust Bank (GTB)
Auditors:Ernst & Young
Solicitors:Adebo-Kiencke & Co.
Insurance Brokers:Hogg Robinson Limited
Membership of organizations:PEREAN, PEREWU,
Nigerian-Nordic Chamber of Commerce,
Nigerian Swiss chamber of Commerce
Quality Certificate:ISO 9001 Version 2000

Last edited 2009-06-09
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