Meyer Plc has ushered in a new era of leadership with the appointment of Engr. Goodwill Sunday Asade as its Managing Director and Chief Executive Officer, effective March 3, 2026. The listed manufacturer formally disclosed this strategic decision in a notification to the Nigerian Exchange Limited and its shareholders, marking a pivotal moment for the firm.
Engr. Asade ascends to the helm at a critical juncture for Nigerian industry, where challenges such as rising input costs, foreign-exchange constraints, and supply chain pressures demand robust leadership. His appointment underscores a commitment to operational excellence and strategic procurement, areas central to navigating the current economic landscape.
An alumnus of the University of Ilorin, where he earned a Bachelor of Engineering degree in Mechanical Engineering, Asade further fortified his academic credentials with an MBA from the University of Lagos and executive training at Harvard Business School. This foundation supports a distinguished professional profile; he is a Fellow of the Nigerian Institute of Management, a COREN-registered engineer, a member of the Nigerian Society of Engineers, and a certified member of the Chartered Institute of Purchasing and Supply, United Kingdom.
His career trajectory is built on a formidable operational foundation. After an 18-year tenure at Cadbury Nigeria Plc, where he mastered roles in manufacturing, maintenance, sourcing, and digital transformation, Asade moved to A.G. Leventis (Nig.) Plc. There, he initially served as Group Procurement Director before a significant promotion to Chief Operating Officer in April 2018. In the COO role, his oversight expanded across sales, engineering, assembly plants, real estate, and QHSE, positioning him at the center of multi-sector strategic coordination.
With over three decades of cross-functional expertise in reliability engineering, procurement strategy, and business transformation, Asade is poised to lead Meyer Plc. His deep experience in process optimization and corporate leadership will be invaluable as the company advances. This executive move, akin to when a major firm like International Breweries announces resignation of a key figure, signals a focused strategic direction. It occurs amidst broader national economic discussions, such as when the CPPE calls national attention to manufacturing sector policies or following reports that the CBN sterilizes N3.57 trillion in liquidity. Such leadership decisions shape corporate futures, much as a breaking story where Tinubu presents a new economic agenda or during the heightened scrutiny of an Osun Gov poll.
