The Changing of the Guard: Julius Berger Nigeria Plc Appoints Goni Sheikh as New Board Chairman
Julius Berger Nigeria Plc, a prominent construction company with a rich history in Nigeria, has announced the appointment of Goni Sheikh as its new Board Chairman. This transition marks a significant moment for the company, as Sheikh takes the reins from Mutiu Sunmonu, who served as Chairman for nine impactful years. Sunmonu’s departure is celebrated as a demonstration of success and achievement, leaving behind a legacy of modernized board practices, strategic diversification, and the successful execution of landmark projects.
Sunmonu’s tenure as Chairman was marked by significant progress for Julius Berger. He oversaw the modernization of board practices, ensuring the company’s governance remained aligned with best practices. Furthermore, his leadership guided the company’s strategic diversification, including expansion into construction activities beyond Nigeria’s borders. This diversification strategy sought to broaden the company’s reach and tap into new markets. Human capital development also remained a priority during Sunmonu’s leadership, ensuring the company continued to cultivate a skilled and dedicated workforce. His era also witnessed the completion of several iconic projects, including the Second Niger Bridge, the FAMFA Office Tower in Lagos, and the Hyatt Regency Hotel, solidifying Julius Berger’s reputation as a leader in the construction industry.
Sunmonu’s leadership style was characterized by open communication and collaboration. Described as a "listening leader," he fostered a harmonious board environment by skillfully navigating diverse viewpoints without micromanaging the executive team. This approach fostered trust and mutual respect between the board and management, enabling the company to maintain its focus on strategic objectives. Sunmonu’s ability to offer fresh perspectives and guidance based on his extensive experience proved invaluable in guiding the company through challenges and opportunities.
Goni Sheikh, the incoming Chairman, brings a wealth of experience from both the public and private sectors. Having served as a valued board member since July 2019, he has garnered the respect and admiration of his colleagues. His appointment ensures continuity and stability for Julius Berger, building upon the strong foundation laid by Sunmonu. Sheikh’s insights and professionalism have consistently contributed to board deliberations, and his leadership is expected to drive further growth, innovation, and diversification for the company.
The transition of leadership comes at a time of ambitious expansion for Julius Berger. The company is actively pursuing new ventures and exploring opportunities to further diversify its operations. While acknowledging the potential challenges and turbulence that may lie ahead, Sunmonu expressed confidence in the team he leaves behind, emphasizing their "audacity to win." This spirit of resilience and determination positions Julius Berger to navigate the complexities of the evolving business landscape and achieve continued success.
The handover ceremony also addressed the relationship between Julius Berger and the Minister of Works, David Umahi. Sunmonu dispelled rumors of discord, emphasizing the positive and supportive relationship between the company and the Ministry. He likened the relationship to that of a father and son, highlighting the Minister’s desire for Julius Berger to consistently strive for excellence. Sunmonu expressed confidence that the incoming Chairman, Goni Sheikh, would work closely with the Minister and the Managing Director to further strengthen the relationship between Julius Berger, the Ministry of Works, and the Federal Government. This collaboration is expected to pave the way for continued success and mutually beneficial partnerships in the future. Looking toward the future, Julius Berger envisions becoming a diversified conglomerate, with ambitions to expand its operations and contribute further to the Nigerian economy.
