As a young boy in Borno, Mohammed Indimi learned the intricacies of trade with his father at local markets. This early exposure to commerce marked the beginning of his ascent to becoming a business magnate. Today, Indimi is a Non-Executive Director of Julius Berger Nigeria PLC.
Indimi’s appointment is promising for Julius Berger, Nigeria’s premier engineering and construction firm. The Borno-born billionaire’s diverse experience in oil, gas, and financial services offers a strategic advantage, adding expertise that could deepen the company’s market presence and propel its growth in Nigeria and beyond.
Indimi’s selection shows just how much confidence Julius Berger has in his leadership abilities. Known for his astute business acumen and philanthropic endeavours, Indimi often brings insights into complex, high-stakes industries. Thus, his addition to the board is expected to complement and strengthen Julius Berger’s executive team in new and impactful ways.
In truth, Julius Berger’s current performance is not at all bad. The company recently reported a 53-plus per cent revenue growth year-over-year, reaching around N161 billion in concrete numbers. Adding on the impressive 74-plus per cent rise in pre-tax profits, Julius Berger is certainly settled well into the cushion of robust financial health, which is amazing considering current economic conditions in Nigeria.
So, with Indimi on board, Julius Berger has added wings to a tiger, gaining access to a seasoned leader capable of providing nuanced guidance on investment strategies and operational efficiencies. The man’s familiarity with both local and international markets will likely inform Julius Berger’s growth strategies, fostering expanded opportunities in critical sectors.
Last modified: November 17, 2024
