Mouka Limited Appoints Oladimeji Osingunwa as Managing Director Following Departure of Femi Fapohunda

Oladimeji Osingunwa succeeds Femi Fapohunda as MD of Mouka Limited. Discover how the FMCG veteran plans to drive growth in Nigeria's manufacturing sector.

By: AXL Media

Published: Mar 25, 2026, 4:09 AM EDT

Source: The information in this article was sourced from LEADERSHIP News

Leadership Transition at a Manufacturing Powerhouse

Mouka Limited, a prominent name in Nigeria’s household goods sector, has officially entered a new chapter of executive leadership. The company announced that Oladimeji Osingunwa has assumed the role of Managing Director, taking over the helm from Femi Fapohunda. This transition, effective as of mid-March 2026, marks a strategic move by the Board of Directors to maintain the brand’s upward momentum. By promoting from within, the organization appears to be prioritizing continuity and the preservation of the operational excellence established during the previous administration’s tenure.

The Legacy of Outgoing Leadership

Femi Fapohunda’s departure comes after what the Board described as a period of impactful leadership and unwavering commitment. During his time at the head of Mouka, Fapohunda navigated the company through some of the most volatile economic cycles in Nigeria’s recent memory. Under his guidance, the firm reported increased market share and reinforced its reputation as a resilient household brand. The Board noted that Fapohunda’s strategic decisions allowed the manufacturer to weather significant economic headwinds, ultimately leaving the company in a more competitive position than when he first arrived.

A Veteran Commercial Strategist Takes the Helm

Oladimeji Osingunwa steps into his new role with a formidable background in the Fast-Moving Consumer Goods (FMCG) sector and the broader manufacturing landscape. Having joined Mouka in 2016 as the Chief Commercial Officer, Osingunwa has been a central figure in shaping the company’s current growth trajectory. His deep familiarity with the brand’s route-to-market strategies and market dominance makes him a natural successor. The Board highlighted his decade-long contribution to the firm’s dominance as a primary factor in his elevation to the top executive post.