Page 32 - Learn Africa 2021 Annual Report

Learn Africa Plc
Corporate Governance Report (cont’d)

For the year ended 31 March 2021

Shareholders’ participation
The Company is conscious of and promotes shareholders’ rights and continues to take necessary steps
in ensuring that shareholders participate actively in matters affecting the growth and development
of the Company. The Board always ensures the protection of the statutory and general rights of
shareholders, particularly their right to vote at general meetings. The Annual General Meeting
(AGM) of the Company is the highest decision-making body of the Company, and it is conducted
in a transparent and fair manner. The Board and the Management have significantly benefited from
the shareholder representatives on the Statutory Audit Committee as well as the contributions of
shareholders at the AGMs.

The Board and Management of the Company ensure that communication and dissemination of
information regarding the operations and management of the Company to shareholders via the
Nigerian Exchange Group (NGX) and other media are timely, accurate and continuous.

Independent advice
Independent professional advice is available, on request, to all Directors at the Company’s expense
when such advice is required to enable a member or committee of the Board to effectively perform
certain responsibilities. The Company bears the cost of independent professional advice obtained
jointly or severally by a Director or Directors, where such advice is necessary to enable them to fulfil
the obligation imposed on them by virtue of their Board membership.

Management team
The Board has a management team that ensures that recommendations of the Board and the Committees
are effectively and efficiently implemented. Membership of the management team includes the
following:
Managing Director/CEO - Alhaji Hassan Bala
Publishing Director - Mr Gbolagunte Aiyedun
Finance Director - Mrs Cordelia Ojeile
Head of Distribution & Warehouse - Mr Raphael Amanam
Head of Publishing - Mr Segun Akanmu
Head of Production - Mr Lanre Kehinde
Head of Finance - Mr Herbert Nwoke
Acting National Head of Sales - Mr Julian Obinwanne
Head, Human Resource/Admin - Ms Grace Okon
Acting Head of Marketing - Mr Toyosi Moronkola
Acting Chief Internal Auditor - Mrs Dupe Lawal

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