Adesola Sotande-Peters, CFO

Adesola Sotande-Peters

CFO

GODREJ CONSUMER PRODUCTS LIMITED

Location
United Arab Emirates - Dubai
Education
Master's degree, Finance Professionals
Experience
19 years, 2 Months

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Work Experience

Total years of experience :19 years, 2 Months

CFO at GODREJ CONSUMER PRODUCTS LIMITED
  • United Arab Emirates - Dubai
  • My current job since December 2021

Collaborate with cluster CEO to provide strategic financial support. Deliver quality financial analysis to CEO, board, and global teams. Institutionalise governance, processes, and compliance improvements. Manage financial control, audits, operations, and annual budget planning. Ensure timely reporting, compliance, and CAPEX decisions. Monitor financial systems for business plan delivery and objective achievement. Identify and assess financial and business risks regularly. Maintain regulatory compliance with internal and external requirements.
•Implemented strong governance framework with clear processes and introduced governance meeting to address key risk areas for board.
•Directed cluster-wide annual budget and financial planning and led finance team, fostering positive culture.
•Led transformational change to align with company strategy.

Vice President Finance at Unilever
  • Nigeria - Lagos
  • January 2018 to November 2021

Served as business partner to senior vice president of Ghana and Nigeria Business Unit. Provided strategic financial advice to Nigerian and Ghanaian leadership, ensuring long-term value creation. Oversaw business planning, resource allocation, and marketing and trade investment levels. Led 5- pronged finance agenda, including efective business partnering and financial control. Monitored performance, prepared forecasts, and provided timely information to colleagues. Played critical leadership role in global initiatives, including ZBB and automation projects. Led investment optimisation, cost management, and sustainable growth. Ensured timely and accurate financial and management reporting. Monitored Nigeria Financial Shared Service Centre for accurate transactional services.
•Managed working capital during Nigeria's FX crisis and liquidity challenges, earning recognition from global CEO.
•Directed control agenda in Ghana and Nigeria and expanded responsibilities to cover entire Africa region.
•Built and inspired high-performing finance team in Nigeria and Ghana and led finance partnerships for brand building and customer development, owning information and reporting agenda.
•Supervised financial activities at factories to ensure accurate reporting and operational control.

Finance Director at Unilever. West Africa
  • Nigeria - Lagos
  • January 2015 to December 2017

Served as business partner to senior vice president of Ghana and Nigeria Business Unit. Provided strategic financial advice to Nigerian and Ghanaian leadership, ensuring long-term value creation. Oversaw business planning, resource allocation, and marketing and trade investment levels. Led 5-pronged finance agenda, including effective business partnering and financial control. Monitored performance, prepared forecasts, and provided timely information to colleagues. Played critical leadership role in global initiatives, including ZBB and automation projects. Led investment optimisation, cost management, and sustainable growth. Ensured timely and accurate financial and management reporting. Monitored Nigeria Financial Shared Service Centre for accurate transactional services.

• Managed working capital during Nigeria's FX crisis and liquidity challenges, earning recognition from global CEO.
• Directed control agenda in Ghana and Nigeria and expanded responsibilities to cover entire Africa region.
• Built and inspired high-performing finance team in Nigeria and Ghana and led finance partnerships for brand building and customer development, owning information and reporting agenda.
• Supervised financial activities at factories to ensure accurate reporting and operational control.

Finance Director at Diageo. Guinness Cameroon
  • Cameroon - Douala
  • July 2012 to November 2014

Championed BPM mechanisms for clear financial direction and informed decision-making. Provided commercial insights and direction to GM and executive team. Implemented platform for accurate transactions and reliable, clear data.

• Overhauled financial control processes and implemented profitable system and established robust framework for international corporate governance standards.
• Successfully stabilised SAP, SCC, and other change projects and built high-achieving finance team.
• Fostered strong cross-functional relationships with key stakeholders.

Finance Director at Diageo Kenya Breweries Limited
  • Kenya - Nairobi
  • March 2010 to June 2012

Oversaw sound financial systems to ensure the timely, efficient and effective management, utilisation and control of the company’s assets and financial resources to satisfy all the stakeholders, maximize returns to investors and shareholders.
• Coordinated cross-functional horizontal processes in the supply and demand pipeline of EABL-Kenya to minimise cost while enhancing customer service. This was done by institutionalising the concept of integration within the business, and between the businesses from the supplier upstream to the customer downstream.
• Driving performance management across the business with special focus of Key financial KPIs such as NSV, COGS, GM%, and Total working capital for total EABL-Kenya.
• Reported to the EABL Group and Diageo Africa Team on business performance, highlighting key KPIs, Business risk, business objectives, influences on past and future performance.
• Engaged the government of Kenya alongside other executive management to stem the negative effects of regulatory change on brewing industry.
• Responsible for the oversight and delivery of the total annual budgets for EABL-Kenya.
• Worked closely with the Managing Director (as part of leadership team) to develop strategy and built the
financial and operational plans to fulfil that strategy.
• Frequently deputised for the MD and the Group Financial Director, FD for EABL Group.
• Ensuring transparency, accuracy and delivery of all financial targets.
• Building a strong decision support team across the business to ensure all key decisions made are properly
supported locally by quality financial analysis to drive value creation and maximisation.
• Led the development and implementation of Controls, Compliance & Governance for EABL Kenya by
partnering with key Executive staff to drive and embed the agenda.
• Co-ordinated all finance processes efficiently by maximising SAP functionality.
• Built effective relationships with customers/distributors to enhance RTM in partnership with Sales teams.
• Led teams of a total of 35 persons who were responsible for Compliance, Reporting, Commercial Finance, BPM and Planning.

Head of Commercial Finance at Diageo. Gunniess Nigeria PLC
  • Nigeria - Lagos
  • March 2005 to March 2010

Lead the development of an expert CF function. Built the decision support capability within the CF team to ensure all key decisions are properly supported by quality financial analysis to drive value creation.
• Developed management reporting to meet the changing needs of the business. Key financials were promptly analysed on monthly basis and helped challenged leadership team on specific areas requiring revamp to drive the business growth.
• Pioneered the Business Partnering concept across Guinness Nigeria, which has helped the business by joining visions across the business and executing a singular business plan linked up to the Diageo Strategy.
• Implemented the decision support strategy which aided the marketing team’s successful launch of two new
products.
• Spearheaded the implementation of Business Warehouse (BW), involving upgrades to SAP/SBM and
recruitment of high calibre personnel to provide a strong platform for growth.
• Constantly drove delivery of an excellent business performance with forecast, planning and reporting cycles
delivered on time leading to a 5-place improvement in Diageo Data Scores rating.
• Led the implementation of excellent compliance, controls and ethics standards within the sales and marketing
team and across the business.
• Ensured that the business is fully Control Assurance Risk Management (CARM) compliant and ensured the
implementation of the compliance agenda of GNPlc and Diageo.
• Designed a robust and sophisticated process to ensure that all Marketing requisitions follow plans agreed
between the marketing and commercial team at the beginning of each financial year.
• Developed a template to track the effectiveness of ATL spend with the currently available tools e.g. DABT, Outdoor audit report

Education

Master's degree, Finance Professionals
  • at Alliance Manchester Business School
  • June 2008
Bachelor's degree, Business Administration and Economics
  • at Richmond College, The American International University in London
  • May 1995

Major in Marketing and a Minor in Maths

Specialties & Skills

Strategic Reviews
Treasury Management
Strategic Financial Planning
Risk Management
Budget Forecast
LEADERSHIP
OPERATIONS
AGENDA (MEETING)
GOVERNANCE
MANAGEMENT
ACCOUNTABILITY
ACCOUNTING
ADVOCACY
AUTOMATION
BUSINESS CASE

Languages

English
Expert

Memberships

The Association of Chartered Certified Accountants
  • Fellow
  • November 2001
Women Empowered for Leadership Advancement and Development
  • Chairperson
  • January 2015
Women In Business and Public Sector. WIMBIZ
  • Life Member - Member of Advisory Board
  • January 2010
Women in Manufacturing
  • Member
  • June 2016

Training and Certifications

Fellow of The Association of Chartered Certified Accountants (Certificate)
Date Attended:
December 2006
Member of The Association of Chartered Certified Accountants (Certificate)
Date Attended:
November 2001

Hobbies

  • Mentoring and Gardening
    Have a mentoring site that I manage and also send out daily motivating quotes through my social media handles