In what has been described as a decisive move that signals continuity and financial rigour, UAC Foods Limited has elevated its Chief Financial Officer to the helm of one of Nigeria’s most storied consumer goods businesses, making Temitope Omodele its new Managing Director and Chief Executive Officer.
The fast-moving consumer goods powerhouse and subsidiary of UAC of Nigeria Plc (UACN) officially made the announcement on its official LinkedIn page. With the new appointment, the company positions the seasoned finance executive as the driving force behind a business whose brands like Gala Sausage Roll, Supreme Ice Cream, Swan Natural Spring Water, and Funtime Chips are woven into the daily rhythms of Nigerian consumers.
In its announcement, UAC Foods described the appointment as “an exciting new chapter,” affirming that Omodele will continue to “drive operational excellence, innovation, sustainable growth and long-term
Omodele’s path to the top office traces an arc familiar to those who study how Nigeria’s most capable finance executives build influence through deep technical mastery at a Big Four firm, followed by progressive responsibility inside a complex corporate group. She began her career at KPMG Professional Services, where she rose through the ranks, from Senior Associate to Senior Manager, providing audit and assurance services across Nigeria’s financial services, FMCG, power and utilities, and energy and natural resources sectors.
Her time at KPMG was marked by an unusual distinction where she was seconded to the Department of Professional Practice at KPMG Inc. South Africa, gaining cross-border exposure to international standards and methodologies. On returning to Nigeria, she helped found the Department of Professional Practice for KPMG Professional Services Nigeria.
Omodele joined the UAC of Nigeria Plc group in September 2020, initially as Technical Accounting and Reporting Lead. She quickly advanced to Senior Vice President of Finance, with oversight of group-wide finance operations and reporting for the holding company. In this role, she served as a Non-Executive Director on the Board of Livestock Feeds Plc, a fellow UACN subsidiary.
Her transition to the role of Chief Financial Officer at UAC Foods Limited deepened her operating-company exposure, placing her at the intersection of brand strategy, supply chain economics, and P&L accountability.
Omodele holds a Bachelor of Science in Accounting from the University of Lagos, supplemented by an Executive MBA from Lagos Business School at Pan-Atlantic University. She further completed Executive Education in data analytics and emerging technologies at the W. P. Carey School of Business, Arizona State University.
She is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Fellow of the Association of Chartered Certified Accountants (ACCA).
Today, she leads UAC Foods, a business which cannot be described as being in stasis. It is the packaged food and beverages subsidiary of UACN, itself one of Nigeria’s oldest and most diversified conglomerates, tracing its roots to the founding of the United African Company in 1879. UAC Foods was formally constituted in 2010 through a joint venture with Tiger Brands, the South African packaged food giant. In 2021, UACN acquired Tiger Brands’ minority stake, assuming full ownership and with it, full strategic responsibility for the subsidiary’s future.
The company’s flagship, Gala Sausage Roll, pioneered Nigeria’s long-shelf-life sausage roll category in 1962 and has held market leadership for over six decades. Its other brands like Supreme Ice Cream, Swan Natural Spring Water, and Funtime Chips anchor its position in the dairy, hydration, and convenience snacking segments respectively.
The broader UACN group in which Omodele has operated is itself is going through a period of transformation. In 2024, the group reported revenue of ₦197.6 billion, a 64% year-on-year increase from ₦120.5 billion in 2023, with pre-tax profit rising 109% to ₦25.8 billion. The packaged food and beverages segment which is home to UAC Foods was a standout, more than doubling its revenue to ₦58 billion in 2024, driven by volume growth in snacks, dairy, and bottled water, and the successful launch of four new products including Gala Chin-Chin and Supreme yoghurt pouches. In 2025, UACN’s consolidated revenue surged further to ₦340.47 billion, bolstered by the landmark acquisition of CHI Limited (the maker of Chivita juice and Hollandia dairy products), though profitability came under pressure from elevated financing costs tied to that acquisition.
The elevation of a sitting CFO to the role of MD/CEO is a deliberate strategic choice, and one that markets and analysts typically interpret with care. For UAC Foods, it suggests that the board’s immediate priorities are not product reinvention or radical brand pivots, but rather the harder, more durable work of financial discipline, cost efficiency, margin expansion, and sustainable growth.
