Mr. Femi Otedola joined the board of Geregu Power Plc as Chairman of the Board of Directors in November 2013.
Prior to this, he was the Chairman of the Board of Directors of Forte Oil Plc from May 2007 to June 2019. His vision transformed Forte Oil Plc into one of the highest performing companies on the Nigerian Stock Exchange. The Company grew in leaps and bounds to become a model of the possibilities inherent in Nigeria, winning numerous accolades in recognition of the successful business turnaround, prompt Financial Reporting, strong Corporate Governance and investment of choice within the Oil and Gas Industry and the Nigerian Stock Exchange.
Mr. Adeyemi attended Obafemi Awolowo University Ile Ife where he obtained his LL. B (Hons) degree in 1989. He became a Barrister and Solicitor of the Supreme Court of Nigeria in 1991.
Mr. Adeyemi began his legal career as Head of Green Form Advice and Assistance Team in The Legal Aid Board of England and Wales. During his stint at the Legal Aid Board, he was responsible for setting up the Green Form Advice and Assistance phone extensions team and also the Immigration Project Team.
Anil Dua is a co-founder and partner of Gateway Partners, where he also serves as a member of its investment committee leading deal origination and execution across Africa. Prior to establishing Gateway Partners, he was the Chief Executive Officer of Standard Chartered Bank (West Africa), a role he occupied between 2010 and 2015.
Mr. Dua is an astute professional who has held several board membership not limited to Standard Chartered Bank Ghana, Nigeria, Cameroon & Cote D’Ivoire, Forte Oil Plc, Matador Investment Management Limited, Dangote GSP Offshore FZE and Seychelles International Mercantile Banking Corp. Currently, Mr. Dua sits on the board of African Export-Import Bank, Network International Plc and Heirs Holdings Oil & Gas Limited.
Olawunmi Otedola is a renowned professional and founder of The Utopia Group, an NGO targeted at alleviating the lives of the Nigerian children. Prior to establishing The Utopia Group, Ms. Otedola worked with several leading corporates, domestic and international, including Zenon Petroleum and Gas Limited and Scottish Church Heritage Research.
Ms Otedola is an alumnus of the University of St. Andrews where she obtained a M.A in psychology in 2009.
Robert Lee has worked in the Financial Services Industry for around 40 years with the last 25 years having particular focus in Nigeria including extensive travel to the region. He has primarily worked for global international banks HSBC & Standard Chartered both out of London. Recent roles included Corporate & Institutional Banking and International Private Banking with Senior Management positions held. Has therefore gained experience of Corporate Finance, Treasury, Corporate Banking and Private Banking giving him a unique and varied background.
Mr. Lee is an Associate of The London Institute of Banking & Finance and a Chartered Fellow of the Chartered Institute for Securities & Investment London.
Doron Grupper is a vast professional with experience across engineering and management. He is currently a consultant to Energix Renewable Energies Limited, a renewable energy company with a focus on wind turbine and solar energy. Over the years, Mr. Grupper has served on the Board of several companies not limited to VID Desalination Company Ltd., Mekorot Water Company Ltd., Ellern Energy Infrastructures Ltd., Ellern Gmul Power Stations Ltd., ETG – Water Infrastructures and Management Ltd., Williger Ltd., among others.
Mr. Grupper obtained a BSc degree in Economics and Administration as well as a MSc degree Economics and Administration from Hebrew University, Jerusalem in 1976 and 1980 respectively.
A master corporate strategist, hardworking, honest and an urbane gentleman, Paul Gbededo, a Fellow of the Polymer Institute of Nigeria and an Associate of the Chartered Institute of Arbitrators was the Group Managing Director / Chief Executive Officer of FMN from April 2013 to December 2020. He now serves as the non-executive Vice Chairman on the Board of FMN.
Paul was educated at the Polytechnic of North London (now London Metropolitan University, UK) where he obtained Graduateship of Plastic and Rubber Institute and Associateship of National College of Rubber Technology in 1980, and holds a Master of Science Degree in Polymer Technology (1981) of Loughborough University, UK.
Mr. Akin Akinfemiwa is the Chief Executive Officer of Geregu Power Plc and he is responsible for the overall strategic leadership, direction and expansion for the business. He coordinates the formulation, review and implementation of the organization’s strategy, goals and objectives.
Akin serves as a Director on the Board of Amperion Power Distribution Limited and Geregu Power Plc.
Julius B. (JB) Omodayo-Owotuga is a seasoned executive with a wealth of experience across the oil and gas sector, banking and financial services, and the audit and consulting industry. JB currently serves as the Group Executive Director & Deputy Chief Executive of Geregu Power Plc, subsidiary of Amperion Power-a holding company focused on the acquisition of Power assets in Africa. He has held this strategic role since 2019, where he oversees critical functions including finance, risk management, treasury, information technology and general administration across the Group.
Chairman
Mr. Femi Otedola joined the board of Geregu Power Plc as Chairman of the Board of Directors in November 2013.
Prior to this, he was the Chairman of the Board of Directors of Forte Oil Plc from May 2007 to June 2019. His vision transformed Forte Oil Plc into one of the highest performing companies on the Nigerian Stock Exchange. The Company grew in leaps and bounds to become a model of the possibilities inherent in Nigeria, winning numerous accolades in recognition of the successful business turnaround, prompt Financial Reporting, strong Corporate Governance and investment of choice within the Oil and Gas Industry and the Nigerian Stock Exchange.
In 2019, with a firm belief in the power reforms of the Federal Government and overall vision “to be the foremost integrated energy solutions provider in Nigeria” he made a very strategic decision to sell his majority stake in Forte Oil Plc and invest in developing the power industry in Nigeria through the acquisition of a majority stake in the 435MW Geregu Power Plant, via an investment vehicle called Amperion Power Distribution Company Limited.
He has held several board memberships including President of the Nigerian Chamber of Shipping and as past Chairman of Transcorp Hilton Hotel, Abuja. He was appointed Member of the Governing Council of the Nigerian Investment Promotion Council in January 2004 and in December of the same year, he was appointed a Member of the Committee saddled with the task of fostering business relationship between the Nigerian and the South African Private sectors.
He was a member of the National Economic Management Team from September, 2011 to May, 2015 and the Honorary International Investors Council under the leadership of Baroness Lydna Chalker.
Mr. Otedola was further recognized for his immense contributions to the growth of the Nigerian economy with the conferment of the prestigious National Honour of “Commander of the Order of the Niger – CON” in May, 2010.
Mr Otedola was appointed to the National Peace Committee in September 2022 with the responsibility for facilitating peaceful elections, transitions and promoting Unity and stability in Nigeria.
A philanthropist with deep involvement in educational causes at all levels via the Sir Michael Otedola Scholarship Awards Foundation, he has continued to demonstrate his passion for his community, Epe, Lagos State and Nigeria in general, committing huge financial resources to the sponsorship of promising but financially disadvantaged students.
Director
Mr. Adeyemi attended Obafemi Awolowo University Ile Ife where he obtained his LL. B (Hons) degree in 1989. He became a Barrister and Solicitor of the Supreme Court of Nigeria in 1991.
Mr. Adeyemi began his legal career as Head of Green Form Advice and Assistance Team in The Legal Aid Board of England and Wales. During his stint at the Legal Aid Board, he was responsible for setting up the Green Form Advice and Assistance phone extensions team and also the Immigration Project Team. After leaving the public sector, Mr. Adeyemi, in partnership with others, set up Agape Consulting, a Legal Practice and Management Consultancy which assists of setting up and advising over 100 Law firms in the United Kingdom.
Christopher Adeyemi is currently the Head of the Corporate and Media Law Department of the International Law and Management Firm. He has advised multinational companies on setting up businesses in the African and European markets. Mr. Adeyemi has most recently advised the Nollywood Industry on how to make international profits. He was a Non-Executive Director of Forte Oil Plc from 2009 -2019.
He is a member of the Nigerian Bar Association, member of the Black Solicitors Network (UK), and member of Immigration Law Practitioners Association (UK).
Director
Anil Dua is a co-founder and partner of Gateway Partners, where he also serves as a member of its investment committee leading deal origination and execution across Africa. Prior to establishing Gateway Partners, he was the Chief Executive Officer of Standard Chartered Bank (West Africa), a role he occupied between 2010 and 2015.
Mr. Dua is an astute professional who has held several board membership not limited to Standard Chartered Bank Ghana, Nigeria, Cameroon & Cote D’Ivoire, Forte Oil Plc, Matador Investment Management Limited, Dangote GSP Offshore FZE and Seychelles International Mercantile Banking Corp. Currently, Mr. Dua sits on the board of African Export-Import Bank, Network International Plc and Heirs Holdings Oil & Gas Limited
Director
Ms. Otedola is a renowned professional and founder of The Utopia Group, an NGO targeted at alleviating the lives of the Nigerian children. Prior to establishing The Utopia Group, Ms. Otedola worked with several leading corporates, domestic and international, including Zenon Petroleum and Gas Limited and Scottish Church Heritage Research.
Ms Otedola is an alumnus of the University of St. Andrews where she obtained a M.A in psychology in 2009.
Director
Robert Lee has worked in the Financial Services Industry for around 40 years with the last 25 years having particular focus in Nigeria including extensive travel to the region. He has primarily worked for global international banks HSBC & Standard Chartered both out of London. Recent roles included Corporate & Institutional Banking and International Private Banking with Senior Management positions held. Has therefore gained experience of Corporate Finance, Treasury, Corporate Banking and Private Banking giving him a unique and varied background.
Robert Lee is an Associate of The London Institute of Banking & Finance and a Chartered Fellow of the Chartered Institute for Securities & Investment London.
Director
Doron Grupper is a vast professional with experience across engineering and management. He is currently a consultant to Energix Renewable Energies Limited, a renewable energy company with a focus on wind turbine and solar energy. Over the years, Mr. Grupper has served on the Board of several companies not limited to VID Desalination Company Ltd., Mekorot Water Company Ltd., Ellern Energy Infrastructures Ltd., Ellern Gmul Power Stations Ltd., ETG – Water Infrastructures and Management Ltd., Williger Ltd., among others.
Doron Grupper obtained a BSc degree in Economics and Administration as well as a MSc degree Economics and Administration from Hebrew University, Jerusalem in 1976 and 1980 respectively.
Director
A master corporate strategist, hardworking, honest and an urbane gentleman, Paul Gbededo, a Fellow of the Polymer Institute of Nigeria and an Associate of the Chartered Institute of Arbitrators was the Group Managing Director / Chief Executive Officer of FMN from April 2013 to December 2020. He now serves as the non-executive Vice Chairman on the Board of FMN.
Paul was educated at the Polytechnic of North London (now London Metropolitan University, UK) where he obtained Graduateship of Plastic and Rubber Institute and Associateship of National College of Rubber Technology in 1980, and holds a Master of Science Degree in Polymer Technology (1981) of Loughborough University, UK.
An alumnus of Lagos Business School – Advanced Management Programme 3, Paul also attended an Executive Programme at Harvard Business School.
Paul’s over 35 years career with FMN Group started at Nigerian Bag Manufacturing Company Plc in 1982. There, he acquired extensive experience serving in various managerial positions and rising to General Manager, Production and became the first Nigerian Production Director in 1996.
In July 2012, Paul was elevated to the position of Managing Director, Agro-Allied business with responsibility to implement FMN Group’s Backward Integration Policies, Programs and Initiatives.
Paul has a keen focus on organization results, committed to excellence, agile with passion for organizational growth. His primary focus has been on people, business development and business transformation, incentivizing a culture of ethos and pathos.
Chief Executive Officer
Mr. Akin Akinfemiwa is the Chief Executive Officer of Geregu Power Plc and he is responsible for the overall strategic leadership, direction and expansion for the business. He coordinates the formulation, review and implementation of the organization’s strategy, goals and objectives.
Akin serves as a Director on the Board of Amperion Power Distribution Limited and Geregu Power Plc.
Mr. Akinfemiwa is a seasoned and experienced International Petroleum Products Trader and Energy Professional with focus on power generation, oil and oil products futures, swaps and derivatives trading responsibilities with a career spanning over 22 years locally and internationally. He was previously Group CEO of Forte Oil Plc, a leading public listed downstream Oil & Gas company in Nigeria with over 450 retail outlets spread across Nigeria for 8 years where he led the company’s transformation plans and successfully turned around a moribund company to a vibrant profit-making entity.
He also served as Chairman, Forte Upstream Services and Chairman, MOMAN (Major Oil Marketers Association of Nigeria) and Director, African Petroleum Ghana, Director of Trading and Business Development at Fineshade Energy United Kingdom as well as Senior Derivatives and Products Trader at Oando Plc where he used his expertise to develop strategic trading and supply relationships for Oando Plc in the West African Sub Region.
Prior to this, Akin had worked with FSB International Bank plc as a Business Process Analyst and a sub-team leader on the Company’s Business Transformation project in 2001.
Mr. Akinfemiwa is an alumnus of the Said Business School, University of Oxford and at various times attended various management programs at the Harvard Business School, Boston and the Wharton Business School, University of Pennsylvania. He also holds a B.sc Honours degree in Mechanical Engineering from the University of Ibadan and a Master of Business Administration (Information Technology) from the University of Lincolnshire and Humberside, United Kingdom.
Deputy Chief Executive Officer
Julius B. (JB) Omodayo-Owotuga is a seasoned executive with a wealth of experience across the oil and gas sector, banking and financial services, and the audit and consulting industry. JB currently serves as the Group Executive Director & Deputy Chief Executive of Geregu Power Plc, subsidiary of Amperion Power-a holding company focused on the acquisition of Power assets in Africa. He has held this strategic role since 2019, where he oversees critical functions including finance, risk management, treasury, information technology and general administration across the Group.
Prior to his role at Geregu Power, JB was at Nigeria’s leading oil and gas company, Forte Oil Plc (now Ardova Plc), as Group Executive Director, Finance and Risk Management, between 2011 and 2019. In this role, he played a pivotal role in transforming Forte Oil Plc into a dynamic, multi-million-dollar profit-generating enterprise. He also spearheaded the Company’s debt capital raise, acquisition and divestment initiatives. Prior to this, he was at the Africa Finance Corporation (AFC) as the Corporation’s Asset and Liability Management Specialist and the deputy to the Treasurer. Before this, he was the corporation’s finance Manager responsible for the setup of the financial operation and control functions as a pioneer staff.
JB joined the AFC in 2007 from Standard Chartered Bank Nigeria (SCBN) Limited, where he was a manager within the finance group. Before joining SCBN, he was at KPMG Professional Services, as an Audit Senior. As an Audit Senior at KPMG, he led numerous assurance engagements within the financial services industry. He joined KPMG in 2003 from MBC International Bank (now First Bank of Nigeria), where he worked in the foreign operations department.
JB serves as a non-executive director on the board of FBN Holdings, as well as several other prominent corporations both within Nigeria and internationally.
JB is an alumnus of University of Oxford’s Said Business School, UK, IE Business School, Spain and the University of Lagos, Nigeria. He holds a B.Sc. in Accounting and earned a master’s in business administration (with Distinction). He is a CFA Charter Holder, a Chartered Management Accountant and a Fellow of; The Institute of Chartered Accountants of Nigeria, the Chartered Institute of Taxation of Nigeria and the Institute of Credit Administration. Additionally, he is a member of the Institute of Directors (IoD) of Nigeria. Julius is married with children and enjoys playing tennis, mentoring professionals, and watching soccer in his leisure time.