Last checked at 26 Nov 2021 07:00
26 November 2021
Ibstock plc
Appointment of Non-Executive Director
Ibstock plc ('Ibstock' or the 'Company') is pleased to announce the appointment of Peju Adebajo to the Board as an Independent Non-Executive Director of the Company with immediate effect.
Peju has wide experience across a number of industrial sectors in Africa and the UK including building materials, agriculture, renewables, bedding, food, consulting and banking, and was formerly CEO of Lumos, a solar homes systems company in Nigeria. She holds Bachelor's and Master's degrees in Engineering (Chemical Engineering) from Imperial College London and an MBA from Harvard University, and is an alumna of INSEAD. Peju was 2015 CNBC Africa Business Woman of the Year, the recipient of the 2013 Harvard Business School Nigeria Leadership award, and is on Cranfield University's 2021 '100 Women to Watch' UK list.
Peju will join the Company's Remuneration, Audit, Nomination and ESG Committees on appointment. The Company confirms that there are no details to disclose under paragraph 9.6.13 (1) to (6) of the Listing Rules in relation to this appointment.
Jonathan Nicholls, Chairman, commented: "We are delighted to welcome Peju to Ibstock. She brings experience from a diverse range of industries that will complement the breadth of skills that we have on our Board."
Enquiries:
Ibstock plc | 01530 261 999 |
Jonathan Nicholls | |
Citigate Dewe Rogerson | 020 7638 9571 |
Kevin Smith Ellen Wilton |
About Ibstock plc
Ibstock plc is a leading UK manufacturer of clay bricks and a diversified range of clay and concrete products. Its principal products are clay bricks, brick components, concrete roof tiles, concrete substitutes for stone masonry, concrete fencing and pre‐stressed concrete products.
The Group's two divisions are:
Ibstock Clay: The leading manufacturer by volume of clay bricks sold in the United Kingdom. With 16 manufacturing sites Ibstock Brick has the largest brick production capacity in the United Kingdom. It operates a network of 18 active quarries located close to its manufacturing plants. Ibstock Kevington provides masonry and pre-fabricated component building solutions, operating from 6 sites across the United Kingdom.
Ibstock Concrete: A leading manufacturer of concrete roofing, walling, flooring and fencing products, along with lintels and general concrete building products, with 14 manufacturing plants in the United Kingdom.