UAC Foods Appoints Temitope Omodele as Managing Director, CEO
UAC Foods Limited has appointed its Chief Financial Officer, Temitope Omodele, as Managing Director and Chief Executive Officer, entrusting the finance executive with leading one of Nigeria’s largest consumer goods businesses as it seeks to sustain growth and strengthen operational performance.
The company announced the appointment on its official LinkedIn page, describing it as “an exciting new chapter” and expressing confidence in Omodele’s ability to drive operational excellence, innovation, sustainable growth, and long-term value creation.
Omodele takes over leadership of the UAC of Nigeria Plc (UACN) subsidiary at a time when the company is building on strong growth across its packaged food and beverages portfolio, which includes household brands such as Gala Sausage Roll, Supreme Ice Cream, Swan Natural Spring Water, and Funtime Chips.
Before her appointment, Omodele served as Chief Financial Officer of UAC Foods, where she played a key role in overseeing the company's financial operations and strategic planning.
She joined the UACN Group in September 2020 as Technical Accounting and Reporting Lead before rising to become Senior Vice President of Finance, a position that gave her responsibility for finance operations and reporting across the holding company. During that period, she also served as a Non-Executive Director on the Board of Livestock Feeds Plc, another UACN subsidiary.
Prior to joining UACN, Omodele built her career at KPMG Professional Services, where she advanced from Senior Associate to Senior Manager, providing audit and assurance services across sectors including financial services, fast-moving consumer goods, power and utilities, and energy and natural resources.
She also undertook an international secondment to the Department of Professional Practice at KPMG Inc. South Africa. Following her return to Nigeria, she helped establish the Department of Professional Practice at KPMG Professional Services Nigeria.
Omodele holds a Bachelor of Science degree in Accounting from the University of Lagos and an Executive MBA from Lagos Business School, Pan-Atlantic University. She has also completed Executive Education programmes in data analytics and emerging technologies at the W. P. Carey School of Business, Arizona State University.
She is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Fellow of the Association of Chartered Certified Accountants (ACCA).
Her appointment comes as UAC Foods continues to expand its presence in Nigeria’s food and beverage market. The company was established in 2010 through a joint venture between UACN and South African food manufacturer Tiger Brands. In 2021, UACN acquired Tiger Brands’ minority stake, taking full ownership of the business.
The company’s flagship brand, Gala Sausage Roll, pioneered Nigeria’s long-shelf-life sausage roll category in 1962 and has maintained market leadership for more than 60 years. Other products in its portfolio include Supreme Ice Cream, Swan Natural Spring Water, and Funtime Chips.
The broader UACN Group has recorded strong financial growth in recent years. According to the company’s financial results, revenue rose by 64 per cent to ₦197.6 billion in 2024 from ₦120.5 billion in 2023, while pre-tax profit increased by 109 per cent to ₦25.8 billion.
The packaged food and beverages division, which houses UAC Foods, was among the group's strongest-performing businesses, with revenue more than doubling to ₦58 billion in 2024. The growth was driven by increased sales across snacks, dairy products and bottled water, alongside the introduction of new products including Gala Chin-Chin and Supreme yoghurt pouches.
In 2025, UACN reported consolidated revenue of ₦340.47 billion following the acquisition of CHI Limited, producer of Chivita juice and Hollandia dairy products. The acquisition significantly expanded the group's consumer goods footprint, although higher financing costs associated with the transaction impacted profitability.
Industry observers say the appointment of a sitting Chief Financial Officer to the position of Managing Director and Chief Executive Officer often signals a company's focus on financial discipline, operational efficiency and sustainable growth.
For UAC Foods, Omodele's elevation underscores the company's commitment to strengthening execution and building on recent growth as it navigates an increasingly competitive consumer goods market.
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