Mr. Edward Akin Leigh

Chief Edward Akin Leigh
(Group Chairman - Board of Directors)
 

Administrator, Oil & Gas, and Business Management Consultant was educated at the Methodist Boys’ High School and King’s College, Lagos (1961 – 1967); University of Ibadan, Oyo State (B.Sc. 2nd Class Upper Honours – Social Sciences, 1971); Graduate School of Business Administration, University of Wisconsin, Madison, Wisconsin, U.S.A. (MBA – 1974).  He earned several Academic, and Professional honours and awards over the years.  He was a John F. Kennedy Scholar at Ibadan (1968 – 1971); A Fulbright-Hays Scholar at Wisconsin (1972 – 1974); National Young Manager of the Year (1975) in addition to holding several leadership positions and appointments at both school and college.

His work experience spanned over 23 years with Mobil Nigeria including extensive tours of duty and several training developmental attachments with  Mobil affiliates and companies in Africa, Europe and USA during which he held a variety of key Management and Senior Executive positions in Supply and Distribution, Planning, Logistics, and Coordination, downstream Engineering and Operations, and Marketing.  He voluntarily retired as General Manager, Operations, Mobil Oil Nigeria Plc in early 1994 to organize his own firm, Petroleigh O. G. C. International Limited, an Oil & Gas coastal bunkering and marine support services company with operational bases in Lagos, Warri and Port Harcourt.

Chief Akin Leigh’s other current professional and business activities include Group Managing Directorship of Services and Materials Management Company Limited (SMMC Group), a multi-faceted business and project management consultancy and general services company as well as directorships in Rotoy Private School, Lekki.

He is a member of several professional, social and recreational clubs and associations: Institute of Directors, Nigeria; American Management Association; Rotary Club International (Paul Harris Fellow and Past Rotarian President); Lagos Motor Boat Club; Ikoyi Club 1938; Yoruba Tennis Club, Alumni Associations of the University of Ibadan and University of Wisconsin, U.S.A; Honorary Citizen – Sioux City, Iowa, U.S.A., Executive Officer, Lagos State Scouts Council etc.

Chief Akin Leigh’s professional experience, special skills and areas of specialization include Petroleum Economics and Financials; Transformational Strategy, Profit Optimization, Change Management, Business Modeling Processes, Confidence Building, Business and Management Policies and Practices in Emerging Economies. 

His over three decades of the highlighted multidisciplinary professional experience and skills have frequently been called upon to work as a consultant, member, resource person, policy adviser and analysts on various government and private sector projects on indigenous participation in petroleum liquids transportation; managing in a regulated economy; crisis management; creative problem solving; building a winning team; strategy formulation; etc.

He holds traditional titles of “Baaloro of Itoku” and “Asiwaju Gbadeniyi of Egba Land”.

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Mr Babatunde Durosinmi-Etti

Mr. Babatunde Durosinmi-Etti
(Member Representing Ibile Holdings)
 

Mr. Durosinmi - Etti graduated from the University of Lagos in 1979 with a B.sc degree in Political Science. He later returned to the same institution for his Masters Degree in Public Administration.

He started his working career in 1979 as an Accounting Trainee with the firm of Arthur Young & Co. (Chartered Accountants) from where he moved to the Nigerian Television Authority (NTA) as an Administrative Officer. Mr. Durosinmi - Etti joined the services of the Nigerian National Petroleum Corporation in 1981 where he worked in various capacities within the Admin/ Personnel Division. Mr. Durosinmi Etti left the NNPC in 1988 to join Centre Point Merchant Bank as a Manager. He rose to become a Senior Manager in Centre Point before he left in June 1992 to join Equatorial Trust Bank Limited as a principal Manager in the management services Division. He was promoted as an Assistant Manager of the Bank in 1996.

He left the services of the Bank as a DGM in June 1996 to become the Chief Executive Officer of Support & Management Services limited. Among other things, Mr. Durosinmi – Etti had personally been involved in key areas such as follows:-

Ø     Facilitation of the operations of the joint NDI/ Cater Centre Election Monitoring exercise for the Nigeria Transition to Civil rule program between 1998 & 1999.

Ø     Coordinating of USAID / OTI and Management Orientation workshops.

Ø     Consultancy Services in the following areas:

v    Take – off of the NDI Nigeria field office in FCT, Abuja.

v    The first American Private sector Trade Delegation to Nigeria.

v    NEEDS Assessment and Restructuring of the Lagos State Property Development Corporation (LSDPC) to mention but a few.

 Mr. Durosinmi – Etti is the Group Managing Director of Ibile Holdings Limited since September 2005, and was appointed as a member of the Board of Director of LASACO Assurance plc representing Ibile Holdings on 14th August 2008.

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Dr. (Mrs) Toyin Adebola Phillips

Dr. (Mrs) Olutoyin Adebola Phillips
(Member/Chairman, Finance and General purpose committee)
 

She is a Banker, an Economist and a Financial Management Consultant.  She read Economics at the University of Ibadan.  She also obtained a Masters Decree in {Economics} and a PhD {Business Administration/Finance} from the Pennsylvania State University (1978). She has acquired extensive knowledge in the banking and financial sub-sector, having worked previously at the Central Bank of Nigeria (CBN), where she rose to the position of Deputy Director; the Securities & Exchange Commission (SEC) where she was the Chief Economist.  She was Executive Director (Admin & Finance) in UBA Plc, and later, the Managing Director/Chief Executive Officer of Gateway Bank Plc (1996 – 2000).  She is currently a Director in Intercontinental Bank Plc and also a Director in the Bank’s subsidiary in the United Kingdom.  She is the Proprietor of a Secondary School in Lagos.

She is the Chairman of the Board’s Finance and General Purposes Committee and serves as a member of the Audit Committee.

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Chief Michael Segun Abraham

Chief Micael Segun Abraham
(Member Representing Canon Properties & Investment Ltd.)
 

Dr. Abraham was appointed into the Board of LASACO on 19th October 2006.  He brings in so many years of Professional and Managerial expertise into the board spanning over 15 years with different companies across the Federation at the Board level.

He is a Consultant to many notable national and international corporate organizations, among these are: World Bank, BPE etc. Dr. Abraham’s membership of the Board of LASACO brings along with it some other comparative benefits and advantages. 

As a member of the Institute of Directors of the U.K., this gives him the right network with the movers and shakers of British Technocrats and Industrialists. He is also a member of the Lagos Chamber of Commerce, Member Nigerian British Chamber of Commerce, and Member Nigerian American Chamber of Commerce and Chairman, Governing Council, Bradley University in Africa.

Dr. Abraham’s academic and professional qualification includes but is not limited to the followings: Doctorate degree in Science D.Sc. (Honorary), Masters Degree in Technology Policy and Management from O.O.U and Certificate in Design/Pumping System/I.D.P- Corydon, U.K.

A Chartered Engineer, Dr. Abraham also holds a Higher National Diploma (HND) in Engineering from Yaba college of Technology and Doctors of Science Decree in Engineering/Business Management (Honorius Cansa) from Bradley University, USA.

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Engineer Ashim Adebowale Oyekan

Engineer Ashim Adebowale Oyekan
(Member/Chairman, LASACO Properties Limited)
 

ASPAU Scholar to Tufts University 1968 obtained Bachelor of Science (cum laude) in Civil Engineering in 3 years at Tufts University, USA 1970.

Masters Degree in Structural Engineering from University of California, 1971

Masters of Business Administration Degree from University of Chicago, Graduate school of Business, 1974

A Registered Engineer with the Council for the Regulation of Engineering in Nigeria (COREN), served as an Inspector under the Engineering Regulation Monitoring Programme of (COREN) (1998 – 2000)

Fellow of the Nigerian Society of Engineers (NSE), member of Association of Consulting Engineers in Nigeria (ACEN) and was a Council Member between 2006 – 2009)

Member of Institute of Directors (IOD)

Member of Bank Directors Association of Nigeria (BDAN), currently Vice Chairman of BDAN

Served on the Lagos State Government Executive Council as Commissioner for sometime in the Ministry of the Environment and Physical Planning and at another time in the Ministry of Agriculture, Cooperatives and Rural Development, has served at different times in the past on the Board of Directors of Nigerian Cement Company, Nkalagu, Sokoto Rimer River Basin Authority.

Currently serving on the Board of Directors of Afribank Nigeria Plc, Afribank Estate Limited (Chairman), Libra Insurance Brokers Limited (Chairman), Debs Foundation Limited (Chairman and Chief Executive Officer), and LASACO Properties Limited (Chairman).

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She is a seasoned administrator. She played a significant role in the Lagos State Civil Service that spanned over 20 years culminating in the office of Director-General of various Ministries in the past. She has attended several courses and seminars on Management Practice. She was on the Board of various Technical Committees and Corporations of Lagos State Government.

She specializes in Human Resources Planning, Development, Utilization and Administration. She holds a Bachelor of Science Degree in Sociology from the University of Ibadan (1971). She joined the Board in 1995. Mrs. Thorpe is the Chairman of the Board Committee of Establishment.

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Mr. Ladipo-Ajayi began his Insurance Career in 1973 at Sun Insurance Plc, where he rose through the ranks to become Assistant General Manager (Technical Operations).  He was admitted into the Associate

ship of the Chartered Insurance Institute London in 1983.He later became a Fellow of the same Institute and the Chartered Insurance Institute of Nigeria in 1991. He was appointed Managing Director/Chief Executive Officer of Summit Insurance Company, Lagos in 1993. He moved to LASACO Assurance Plc in the same capacity in May 1996, a position he holds to date.

He is a strong believer in continuous Professional development. He bagged a Master Degree in Banking and Finance from the University of Ibadan in 1986, which was followed by a Bachelor of Law Degree from the University of Lagos in 2000. He became a Solicitor and Advocate of the Supreme Court of Nigeria in 2003

Mr. Ladipo-Ajayi is a Past President of the Chartered Insurance Institute of Nigeria. He is on the Academic Board of the West Africa Insurance Institute, Banjul, Gambia and he became the Chairman of Nigeria Insurers Association (NIA) June 2010.  He is also the current Chairman of the Council of Bureaux, ECOWAS Brown Card Scheme.

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He is the Executive Director of LASACO Assurance Plc. He graduated with second class upper in French from the University of Ibadan in 1979 before joining the National Insurance Corporation of Nigeria in 1981. In 1983 he qualified among the very few as an Associate of the Chartered Insurance Institute London and became a prolific lecturer within the Industry on professional topical issues before qualifying as a Fellow of the same Institute in 1990. In 1991, he qualified as a Chartered Insurer and became a Fellow of the Chartered Insurance Institute of Nigeria (CIIN) in May 2002.

While in NICON he acquired vast experience in peak risks insurance and worked assiduously in the contractor’s All Risks Division of NICON before moving in 1984 to the Oil and Gas Unit of NICON where he garnered further technical expertise in this specialized field for over ten years and managed the sophisticated accounts of NNPC and the multinational oil companies. He was further privileged to head the Life & Pension portfolio of NICON from 1995-1998, where he handled the pension schemes of major parastatals, ministries and in particular the Unified Staff Pension Schemes of Federal Universities, Colleges of Education and Polytechnics in Nigeria.

 Based on the technical expertise acquired over the years in both the Oil & Gas and Pension portfolios, Babajide has carved a niche for LASACO in responding positively to the emerging opportunities under the local content policy in the Oil & Gas sector as well as the New Pensions Act 2004. With over 25 years experience in the Industry, Babajide Wright has attended several international energy and pension seminars, courses and workshops and has an excellent working relationship with frontline International Reinsurance Brokers.

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