OUR BOARD OF DIRECTORS
The Board of Directors is responsible for defining and implementing the strategies and policies of the company. The current membership is as follows:
Mr Lazarus Angbazo
- GE International Operations Ltd
President & CEO, GE Nigeria
President & CEO, Grid Solutions SSA
Lazarus Angbazo is the President & CEO of GE Nigeria where he is responsible for developing and growing GE’s businesses in Nigeria. He is also President & CEO of GE Energy Connections Africa, which is GE’s Transmission and Distribution businesses. He is based in Abuja, Nigeria.
Lazarus was appointed the President & CEO, GE West, East & Central Africa, in October, 2008. His responsibility was expanded to include Commercial Growth Leader for Africa Region in May 2011. Lazarus Joined GE in 2004 and held several leadership positions within the GE Capital business in the U.S. From 1997 to 2004, he worked for JP Morgan Chase, New York, where he held senior positions in corporate mergers & acquisitions, strategic planning, and credit portfolio management. Between 1992 and 1997, he was Assistant Professor of Finance at Purdue University, and also served as Research Director at Fannie Mae in 1996.
He was elected the President of American Business Council (ABC) in Nigeria and sits on the Board of Advisory for Lagos Business School (LBS). Lazarus also serves on the boards of Africa America Institute (USA), and Bingham University (Nigeria).
Lazarus was born in Nigeria, and graduated from Ahmadu Bello University with a B.S. in Mathematics, with First Class Honors degree. He then earned an M.S. degree in Industrial Engineering & Operations Research from The University of Iowa, and a Ph.D. in Corporate Finance from New York University.
Lazarus is an advocate for development throughout Africa through education, and works with several charities and government agencies in furtherance of this cause. He is married to Joyce Lin and they have two children, Saraya (10-year-old daughter) & Jonathan (16-year-old son).
- PriceWaterhouse Coopers
Harvard and INSEAD alumnus with 15+ year career at PwC serving clients across sectors, with a focus on developing markets. Experience spans the Energy, Consumer products, and Technology sectors, with an impeccable track record in leading audits and consulting projects in Africa, Europe, and the Americas. Darrell has advised many of PwC’s largest strategic clients and established a reputation as a subject matter expert. A seasoned public speaker, thought leader and articulate communicator with a proven flair for leading and motivating large teams of people to perform at their best and deliver on objectives. Thrives in challenging and complex environments and adapts seamlessly to new cultural milieus, thanks to extensive cross-continental work experience, and multilingual adaptability. Accustomed to working closely with Executive and Board members, and capable of forging robust relationships at this level and beyond.
Career highlights include:
• Leading top-tier global audits for both SEC and UK Listed companies
• Partner in Nigeria’s nascent Capital Markets practice, facilitating access to capital for Nigerian companies in African as well as global markets
• Risk and Quality leader for PwC in West Africa, looking after all aspects of engagement and operational quality in Assurance, Advisory and Tax Practices in the Region
• Coordinating global effort for IFRS conversion of a major state-owned oil company in Latin America
• Accomplished speaker at external and internal events, and thought leader.
Darrell holds an undergraduate degree from Harvard University, and completed post graduate studies at Pembroke College, Oxford University. He also received an Executive MBA at INSEAD business school, and is a Chartered Accountant of both the Scottish Institute (ICAS) and Nigeria (ICAN).
- Dubri Oil Company Ltd
Attended the elite Christ’s School Ado-Ekiti in the 1960’s for his Secondary School. Then read Physics at the University of Ibadan,1970; Applied Geophysics at Leeds University, UK, 1971, AND FINALLY Theoretical Geophysics at Cambridge University, UK, 1974.
Work history started with Philips Petroleum Company in London in December 1974, then the US, Nigeria, back to the UK. Was transferred back to Nigeria in 1979 as the Managing Director of Philips Oil Company, at the age of 30 and managed the Company for 6 ½ years. Retired from Philips oil company in1987, at 37, following a management buyout of one of Philips assets, to form and run Dubri Oil Company Limited, Nigeria and Africa’s first, independently owned Exploration and Producing Company. Presently Chairman/Managing Director of Dubri Oil Company
In the Petroleum Industry, served on two separate occasions as Chairman of the OPTS – the Group of Petroleum Industry Producing Companies. Served as Chairman of the NNPC Board of Directors between 1992 and 1993.
Presently the Pioneer Chairman of the University of Ibadan Research Foundation, Nigeria’s first Tertiary Institutions Research Foundation. Currently engaged in an innovative concept – the building of a smart Community in Edo State, where a multitude of Next Generation Technologies such as IoT (the Internet of Things), 5 & 6G, will be the order of things.
Continues to serve on various bodies in both the private and public sectors, amongst which a few are: Honorary Life -Vice President and Member of Council of the Lagos Chamber of Commerce; Managing Partner of Uduimo Associates Ltd, President of the Nigerian Indian Chamber of Commerce; The Nigerian-Canadian Business Association. Member of the Board of Directors of the American Business Council; Chairman Board of Trustees of the Petroleum Club of Nigeria.
Served as Vice-Chairman of the Nigerian Economic Summit Group; Chairman of Cadbury Nigeria Plc; The Edo State Public Utilities Board; The Edo State Agricultural Development Board; President of the Lagos Business School Alumni Association. President of the Nigerian-American Chamber of Commerce; The Petroleum Club of Lagos; Member of the Board of Directors of Edo Cement Company; Nigerian Vision Foundation; The Vision 2010 Group; The Presidential National Stakeholders Working Group of the Nigerian Extractive Industries Transparency Initiative NEITI; The National Refineries Special Task Force.
Honoured with the Distinguished Citizens’ Award of Edo State in 1992. Honorary Fellow of the Faculty of Petroleum Law, of the University of Dundee, in the United Kingdom in 1992. Distinguished Alumnus of the University of Ibadan by the University of Ibadan Alumni Association in 2017.
Knighted by His Holiness Pope Benedict XVI, in 2006, with the Knighthood of the Order of St. Gregory The Great, KSG. A scion of one of the ruling families in Fugar, holds the Traditional title of Ezomo of Fugar, Edo State. Honored by President Olusegun Obasanjo with the National Honors of The officer of The Order of the Niger, OON, in December 2006.
Was awarded the Honorary Doctorate Degree of Science, Dsc, (Honoris Causa), by the University of Ibadan, Nigeria’s Premier University, in November 2017.
Married to Bridget Itsueli, and has four children, aged 39, 28, 28, 22 years.
Among his many interests are: Travels round the world; Music – in particular Jazz;Wines – both from the traditional and new wine-world; International Affairs and Religious Matters.
Mr Kunle Elebute
National Senior Partner, KPMG in Nigeria Chairman, KPMG Africa
Kunle Elebute is the National Senior Partner (NSP), KPMG in Nigeria and Chairman, KPMG Africa. He has over 35 years of professional experience advising clients in the public/private sectors in Nigeria, West and Sub-Sahara Africa. Prior to assuming the role of the NSP, Kunle served as head of various sectors including the Financial Services Industry (FSI) and more recently Infrastructure, Government and Healthcare (IGH).
Kunle qualified as a Chartered Accountant in 1986 and has led various strategic and transformational projects for local & global clients. He was admitted as a Partner and head of the Financial Services Audit practice in 1996 and was made responsible for the Privatisation and Emerging Markets Practice in 1999. He led the Financial Advisory Services practice which included corporate finance, transaction and forensic services for the West African sub-region from 2002 - 2008 and became head of Advisory Services in 2008 to 2016 with responsibility for Deal Advisory, Management Consulting, Risk Consulting and Information Technology Advisory.
Kunle has a degree in Economics from the University of Manchester, United Kingdom (1982). He qualified as a Chartered Accountant in 1986, he is a Fellow of the Institute of Chartered Accountants of Nigeria
(FCA), an Accredited KPMG Global Valuations Specialist and an Executive Member of the KPMG Africa Global Infrastructure Group. He is also a member of the KPMG Africa Board, as well as the KPMG Europe, Middle East & Africa (EMA) Board.
Kunle serves as a member of the Board of Trustees of Society for Family Health (SFH) which is the largest healthcare NGO in Nigeria. He is also on the Board of Population Services International (PSI) a global not for profit organization operating in the healthcare sector and has its headquarters in Washington DC, USA. Finally, he is on the Board of Governors of Igbobi College, Yaba which is an Anglican/Methodist Missionary School where he received his Secondary School Education from 1973-77. On all these Boards he serves on the Board Audit & Finance Committee and in two of the three organizations he serves as the Chair of the Committee.
Mr Harold Anumihe
- NCR Plc
Mr. Anumihe is the CEO of NCR (Nigeria) Plc and a graduate of Computer Science from the University of Nigeria. He holds an MBA from the University of Lagos and a Project Management Professional PMP from Project Management Institute.
Mr. Anumihe has over three decades’ experience in multi-industry business and management technologies, which he gained from roles that exposed him to various sectors of the economy.
He had fulfilling and pioneering careers in the world's foremost information technology companies in Africa – which are IBM, Oracle, Dell and Misys, in strategic sales leadership and management roles. He played key roles in introducing, establishing and consolidating these companies in the Nigerian market.
Prior to these he gained valuable Financial Services industry experience from Citibank, Ivory Merchant Bank and Intercontinental Merchant Bank.
Mr. Anumihe is an avid lover of Lawn Tennis. He is married and blessed with lovely children.
Mr Niyi Yusuf
Accenture Nigeria Country Managing Director
Over his 23-year career in Accenture, Niyi has been a part of numerous transformation projects. His expertise covers the implementation of IT-enabled business solutions for clients in Banking, Insurance, Consumer Goods, Public Sector, Oil and Gas, Telecoms and Manufacturing. He has been instrumental in the creation of key infrastructure for the Nigerian banking industry including the national payment switch and a credit bureau.
In 2010, Niyi was appointed as Nigeria’s County Managing Director. His focus is geared toward large scale transformation projects that seek to modernize and diversify the Nigerian economy – with meaningful improvements visible in people’s lives and businesses in general. He is certified in IT Governance, Business Continuity, Project Management, and IT Service Management.
Niyi is extremely passionate about developing Nigeria as demonstrated by his efforts in mentoring budding and experienced entrepreneurs. He actively serves on various boards including a national think tank, a leading Chamber of Commerce, an educational board and chairman of the Nigeria arm of the world’s largest youth-serving NGO. He is an avid reader and devoted father of three.
Mr Tunji Oyebanji
- Mobil Oil Nig. Plc
Mr Chukwuma Okpaka
- Hewlett Packard Nig. Ltd
Chukwuma Okpaka is the Country Managing Director of Hewlett Packard Nigeria, the enterprise arm of the Tech giant, Hewlett Packard Corporation. With over two decades of industry experience, Chuks is applying his depth of knowledge to lead HPE business in Nigeria. He is a highly respected business leader with a solid track record in the ICT industry. Before taking the mantle of leadership at HPE Nigeria, he was the Presales Consultant as well as the Enterprise Business Unit Manager for several years where he led consulting, Data Center Infrastructure and Services, Applications, cloud, big data, mobility, security and technology services. He was also the Public Sector Director for some years.
Chuks has for many years now supported customers in telecoms, financial services, public sector, oil and gas, manufacturing, and SMB space to adopt technology solutions to solve business problems. His industry trademark is characterize by his ability to coalesce business challenges and technology solutions into a common platform that appeals to business, technocrats, and the financial experts.
In an industry that is intensely competitive, Chuks is driving the initiatives required by Hewlett Packard Nigeria to remain the number one technology provider in Nigeria
Mr Akinsowon Dawodu
- Citibank Nigeria Ltd
Managing Director / Citi Country Officer
- Akin Dawodu was appointed Citi Country Officer for Citibank Nigeria in April 2015.
- Prior to his current appointment, he was the Chief Operating Officer (COO) and Public Sector Head for Citi Nigeria. He had also been Markets Head at Citi Nigeria from 2007-2012.
- Akin joined Citi in June 2000 as a Foreign Exchange Dealer. He became Chief Dealer in 2003 before leaving the bank in 2005 and returning in 2007.
- He attended Kings’ College Lagos and the University of Lagos. Akin holds an MBA from Manchester Business School (MBS) and earned the Chartered Financial Analyst (CFA) designation awarded by the CFA Institute in 2003. He is the current Chairman of the Sub-Committee on Competency and Industry Standards of the Bankers Committee in Nigeria and a past president of the Financial Market Dealers’ Association.
- Akin is married with children. His interests include politics, history and football.
Mr Paul McGrath
- Mobil Producing Nigeria (MPN)
Paul McGrath is Chairman/Managing Director of ExxonMobil’s two upstream affiliates, Mobil Producing Nigeria (MPN) and Esso Exploration & Production Nigeria Limited (EEPNL).
Prior to his appointment as Chairman/Managing Director in March 2017, he was Project Execution Manager for ExxonMobil Development Company in Houston.
He has over 30 years oil and gas industry experience, beginning as a process supervisor working offshore operations on Brent Delta, UK North Sea. He Joined ExxonMobil in 1999, and has held various technical and managerial assignments covering deepwater platforms, subsea and onshore oil and gas facilities.
Paul holds a Bachelor of Science degree in Chemical Engineering from Strathclyde University in Glasgow. He is also a member of the Institute of Chemical Engineers.
Mr Peter Njongo
- Coca Cola Co. Nig Ltd
Peter Njonjo is President of The Coca-Cola Company’s West Africa business unit with responsibility for Coca-Cola business operations in 33 markets across West and Central Africa and the Indian Ocean Islands. Previously, Njonjo was General Manager of the East Africa franchise. Since 2011, Njonjo led Coca-Cola’s franchise bottling system in East Africa, overseeing 13 bottling companies that directly employ more than 7,500 people across six countries. In this role, he stewarded system investments of more than $1 billion over five years and led the restructuring of Coca-Cola’s route to market across East Africa to drive long-term sustainable growth. He also led bottling mergers and acquisition activities across the region, including serving on the global team that created Africa’s largest Coca-Cola bottler – Coca-Cola Beverages Africa. Prior to that role, Njonjo served as Coca-Cola’s Country Manager for Kenya from 2009 to 2011, overseeing activities for seven independent franchise companies. During his 20-year Coca-Cola career, Njonjo also has served as Executive Assistant to the President of the East and Central Africa business unit; as the East and Central Africa business unit Planning Manager; and as Finance Manager for Coca-Cola’s leading juice supplier in Kenya, Beverage Service Kenya. He joined The Coca-Cola Company in 1998 as an accountant based in Nairobi, Kenya. Njonjo was President of the American Chamber of Commerce in Kenya and has been voted among the top 100 young leaders in Africa by Forbes Afrique and “Top 40 under 40” by The Business Daily in Kenya. A native of Kenya, Njonjo holds a Masters of Business Administration in Strategic Management and a Bachelors of Science degree in International Business Administration from United States International University in Kenya. Njonjo is also a Certified Public Accountant.
- S.C. Johnson & Co. Nig Ltd
Oghale Elueni is the General Manager of SC Johnson Nigeria. He has 17 years of experience in Business Management, Sales, Strategy, Customer Marketing and Business Development in different multinational companies (Procter & Gamble; SC Johnson) focused on Sub Saharan Africa and Latin America.
Current Board Member of ENACTUS (former SIFE) and Manufacturing Association of Nigeria (MAN)”.
Cyril A. Odu
- Capital Alliance Nigeria Ltd
Prior to his appointment as Chairman of the Board of Directors in November 2015, Cyril Odu was the Chief Executive Officer at African Capital Alliance. He joined African Capital Alliance in March 2012 as Head of Energy Practice and also served as an Executive, Partner, and Principal. Since joining ACA, he has concluded a series of deals in the energy sector and is regarded as an expert in the investment space in Nigeria.
He served as the Chief Financial Officer and Vice Chairman of the Board at Mobil Producing Nigeria and Chief Financial Officer of Exxon Mobil Upstream Companies, where he held responsibility for business services. He was also the Chief Financial Officer of the Upstream Affiliates of Exxon Mobil in Nigeria. Along with responsibility for financial controllers, treasury, and tax functions, Mr. Odu also held in-country administrative oversight over procurement, information technology, real estate, and facilities management.
He joined Mobil as a Geologist in 1972 and served in several technical and management positions in exploration, production, joint interest, and regulatory affairs, planning and new business development and human resources. He was also actively involved in developing and implementing Exxon Mobil business strategies in Nigeria over the years, implementing several innovative funding and financing solutions for ExxonMobil in Nigeria. He has been an Independent Director of Oracle Energy Corp. since May 2014. He has been a Non- Executive Director of Union Bank of Nigeria Plc since July 12, 2012 and Seven Energy International Limited since 2014. Mr. Odu has held 40 years of a meritorious career in the oil and gas industry. He has a BSc (Hons) in Geology from the University of Ibadan and MBA from Texas Southern University.
Mr Dipo Faulkner
- IBM West Africa Ltd
Country General Manager, IBM Nigeria
Dipo Faulkner is the Country General Manager for IBM Nigeria. Dipo is responsible for IBM's overall business in Nigeria with a focus on deploying IBM’s advanced technology capabilities in Cognitive, Cloud Computing, Big Data and Analytics, Mobile and Security to solve current and future needs of institutions in key economic sectors across the country. He will also provide leadership for IBM’s relationships and Corp orate Social initiatives in the Civil Society, ICT and Academic communities. With over 25 years of work experience, he was previously IBM’s Global Business Services Lead for Central & West Africa, where he was responsible for driving IBM’s Consulting Services Business within the region since joining IBM in 2013. Prior to join ing IBM, he was a Director at Accenture’s Nigeria Financial Services Operating Group. Dipo holds a Bachelors’ Degree in Mechanical Engineering from the University of Lagos, Nigeria and an Advanced Management Program Certificate from Institute de Empressa (IE), Madrid Spain.
Mr Adil Farhat
- Procter & Gamble Nig. Ltd
Adil Farhat is the Managing Director of Procter & Gamble Nigeria (P&G) and is responsible for leading the company’s business operations in the country. Mr Adil brings with him, a wealth of senior management and leadership experience, having served for over 17 years in the FMCG industry across Middle East, Pakistan, Europe and now Africa.
Prior to his current role, Mr Adil was the Associate Director of Sales for the Nigeria and before this, he was responsible for leading the growth trajectory of the Feminine care operations for P&G in the Europe, India, Middle East & Africa region as the Associate Director of Market Strategy & Planning.
He is an alumnus of the Institute of Business Administration (IBA) Karachi, Pakistan.
Mr Ifeanyi Nwagbogu
- Schlumberger Nig. Ltd
Mr RICHARD (DICK) KRAMER
- African Capital Alliance (ACA)
Dick is Chairman of African Capital Alliance (ACA), an investment management firm that pioneered the management of private equity investments in high potential sectors of the West African economy. ACA has to date, raised over US$1.2 billion in managed funds.
Dick came to Nigeria in 1978 to launch Arthur Andersen & Co. as Managing Partner after similar roles in Benelux and Latin America. The two successor firms – KPMG Professional Services and Accenture – are today’s leading Nigerian firms in accounting, tax and management consultancy. Dick trained in accountancy at Kansas University (1956) and earned an MBA from Harvard Business School before joining Arthur Andersen in 1958. During his career, he worked in all areas of the firm’s practice and in the US, Latin America, Middle East, Europe and India, as well as Africa.
Following retirement in 1994, Dick remained in Nigeria to consult, invest and continue community service activities. He helped found the Nigerian Economic Summit Group, the Harvard Business School Association of Nigeria, the Lagos Business School and, more recently the American Business Council, where he was the pioneer President. He headed the Technical Team as a Member of Vision 2010 Committee. He currently serves as Trustee for the Ikoyi Club 1938 and has also remained active in several other chambers, associations, professional activities and non-profit organizations.
He was conferred with the National Honour of Officer of the Order of the Federal Republic (OFR), the Zik Prize in Leadership, and the Institute of Directors award for Entrepreneurship.
His wife, Wanda, worked to put Dick through Harvard Business School and has followed her own career of teaching since graduation from Colorado University (1960). She taught and consulted as testing coordinator at American International School, Lagos from 1979 to 2005 before retiring. They recently celebrated their 66th wedding anniversary. Dick and Wanda have two sons – Cliff and Kirk – and are blessed with 3 grandchildren.
Mrs Margaret Olele
- ABC C.E.O./ Executive Secretary