Mouka Limited has announced a significant leadership transition, with the appointment of Mr Oladimeji Osingunwa as its new managing director, effective March 17, 2026.
This follows the resignation of Mr Femi Fapohunda, whose exit became effective on March 16, 2026, after a period of mutual agreement with the board of the mattress maker.
The board expressed deep appreciation for Mr Fapohunda’s impactful leadership and unwavering commitment to the organisation.
During his tenure, Mouka successfully navigated one of the most challenging economic periods in Nigeria’s recent history, demonstrating resilience, operational excellence, and sustained growth.
Under his guidance, the company strengthened its market leadership, expanded its market share, and reinforced its reputation as a trusted household brand.
“Femi’s steady and strategic leadership ensured that Mouka not only weathered economic headwinds but emerged stronger and more competitive,” the board noted, thanking “him for his invaluable contributions and wish him continued success in his future endeavours.”
Mr Osingunwa, a seasoned commercial leader and a respected figure within Nigeria’s manufacturing and FMCG landscape, has since stepped into the role for the next phase of the mattress maker.
He joined Mouka in 2016 as Chief Commercial Officer, where Mr Osingunwa has played a pivotal role in shaping the company’s growth trajectory and strengthening its market dominance.
Mr Osingunwa brings to his new role a wealth of experience spanning leading multinational organisations, including Cadbury Nigeria Plc (now Mondelez), SC Johnson, and Twinning Ovaltine.
His expertise cuts across commercial strategy, route-to-market development, brand building, and sales leadership, consistently delivering strong business performance and sustainable growth.
Mouka Limited traces its origins to 1959, when the Faiz Moukarim family established the Moukarim Metalwood factory in Kano, focusing on the production of furniture and iron beds. As part of a broader strategy to achieve backward integration and supply raw materials to the furniture and bedding industry, Mouka Limited was later founded in Lagos in 1972, specialising in the manufacture of flexible foam products.