Media Statement

Coscharis Group appoints Fred Amobi as the Deputy Group Managing Director

Following the exit of Dr. Okey Nwuke, the board of Coscharis Group has approved the appointment of Mr. Fred Amobi to the position of the Deputy Group Managing Director of the organization effective from 1st August, 2023.

In a Group-wide announcement made by the President of Coscharis Group, Dr Cosmas Maduka, CON, “Fred will in this new role continue to oversee Group functions – Finance, Human Resources, Supply Chain, Strategy, Marketing and Corporate Communications, Legal, Internal Control and Information Technology. He will now additionally oversee subsidiary companies both within and outside Nigeria”.

Mr Amobi joined Coscharis Group in 2016 as Group Executive Director, Operations. Before joining Coscharis Group, he has worked many years in Lafarge in Nigeria, United Kingdom and Malaysia in different capacities including Finance Director/Chief Financial Officer of Lafarge Cement Wapco Nigeria Plc and Director, Ready Mix operations, Lafarge Africa Plc.

Prior to joining Lafarge, he was the Commercial Director, East / West at Nigeria Bottling Company Plc (a Coca – Cola Hellenic Company) amongst other leadership roles within the Coca – Cola system.

Earlier, he has also held various positions within UAC of Nigeria Plc including Divisional Commercial Director (BPP / Kalamazoo) and Finance Director (Spring Waters Nigeria Ltd – a subsidiary of UAC of Nigeria Plc).

Fred Amobi is a fellow of both the Institute of Chartered Accountants of Nigeria and Chartered Institute of Taxation of Nigeria. He is also a member of Institute of Directors, Nigeria. He graduated with a Distinction in Accountancy from the Institute of Management and Technology, Enugu. He also holds a Masters Degree in Business Administration from ESUT Business School.

He has attended many senior and executive management/leadership programs in many top rated international institutions including Harvard Business School and Management Center Europe.

About Coscharis Group

Coscharis group is a wholly owned Nigerian conglomerate with diversified interest in various sectors namely Logistics (Coscharis Mobility). Information Technology (Coscharis Technologies). Agro – Allied (Coscharis Farms). Health (Coscharis Medicals). Properties (Coscharis Properties). Food & Beverages (Coscharis Beverages). Automotive (Coscharis Motors Plc) that has one of the largest automobile portfolio with exclusive franchise of various globally respected iconic brands in Nigeria like the BMW, MINI, Jaguar LandRover, Ford, Renault and Auto Care / Components (ABRO) respectively and other subsidiaries outside Nigeria.


Abiona Babarinde
General Manager, Marketing and Corporate Communications
Coscharis Group

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