PZ Cussons Nigeria Plc has announced a major leadership transition, appointing Oghale Joseph Elueni as its new managing director and chief executive officer, while also elevating chief financial officer Ebenezer Oludare Elusakin to its board of directors as executive director.
The appointments took effect on June 1, 2026, following the resignation of Dimitrios Kostianis, who stepped down as CEO and board member to assume a new role within the wider PZ Cussons Group. The changes were disclosed in a notification to the Nigerian Exchange Limited (NGX).
Kostianis leaves after leading the company through a challenging period marked by macroeconomic headwinds and foreign exchange pressures. During his tenure, PZ Cussons Nigeria restored profitability and returned to a positive equity position, achievements the board described as significant milestones in the company’s turnaround journey.
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Elueni, who previously served as managing director of the company’s Consumer business, joined PZ Cussons in 2021. He brings more than two decades of experience in the consumer goods sector, having held senior leadership positions at SC Johnson and Procter & Gamble across Africa and the United States. The board said his extensive commercial and leadership experience, combined with his understanding of the Nigerian market, positions him to drive the company’s next phase of growth. Related News AIICO strengthens community health through malaria prevention outreach South Africa finally depart for 2026 World Cup after embarrassing visa delay Lagos taps private capital to bridge infrastructure funding gap
