A subsidiary of UAC Nigeria Plc, Chemical and Allied Products (CAP) Plc, has appointed Mr Olalekan Aluko as its new Managing Director, following the transition of its current head, Mrs Bolarin Okunowo, to a new executive role within the UAC Group, effective June 25, 2026.
A statement from the organisation at the weekend said Mr Aluko, who is currently its Chief Supply Chain Officer, will assume his new role on June 25, 2026.
He has over 16 years of extensive operational and supply chain expertise, and before joining CAP Plc, he served as Supply Chain and Plant Director at Suntory Beverage and Food Nigeria.
Mr Aluko has also held roles at other notable multinationals, including GlaxoSmithKline and Guinness Nigeria Plc. He holds a Bachelor of Science degree in Electronics and Electrical Engineering and a Master of Business Administration, both from Obafemi Awolowo University, Ile-Ife.
He joined the firm in July 2022 as Head of Operations and was subsequently appointed Chief Supply Chain Officer in March 2025.
In his current role, he provides end-to-end leadership across the company’s supply chain, managing all phases of operations from planning through to logistics, ensuring seamless service delivery to our customers, whilst remaining focused on safety, product quality and operational efficiency.
Since joining CAP Plc, he has driven measurable improvements in operational performance, eliminating bottlenecks, improving turnaround times and enhancing customer experiences whilst delivering exceptional financial performance for the organisation.
Under his leadership, the firm continues to maintain strong governance of ISO-aligned management systems, reinforcing compliance, risk management, and continuous improvement.
A transformation-focused and execution-driven leader, Mr Aluko is known for his structured and customer-centric approach to driving operational excellence, strengthening cross-functional alignment, and driving high performance across the organisation. His contributions have been recognised at the UAC Group level, where he is a recipient of the UAC Excellence Award.
The board thanked Mr Aluko’s predecessor, Mrs Okunowo, for her exceptional leadership, commitment and significant contributions to the organisation throughout her tenure, and wished her success in her new role.