Jobs/Appointments
Olowookere Resigns as MD/CEO of Omoluabi Mortgage Bank
By Dipo Olowookere
The Managing Director/CEO of Omoluabi Mortgage Bank Plc, Mr Ayodele Olowookere, has resigned from the position.
A statement issued by the Company Secretary, Olabisi Fayombo, stated that the resignation of Mr Olowookere was accepted by the bank’s board of directors at its meeting held on October 31, 2019.
Though the reason for Mr Olowookere’s action was not stated, the board, in the statement, thanked him for his contributions to the growth of the company while he took charge.
“Omoluabi Mortgage Bank Plc wishes to inform the Nigerian Stock Exchange (NSE) and the investing public of the resignation of Mr Ayodele Olowookere, the Managing Director/CEO of the bank.
“His resignation was accepted by the board of directors of the bank at its meeting held on October 31, 2019,” the statement read in part.
According to the company, Mr Olowookere had been on the board of the bank since 2015 and served on a number of board committees during the period.
“The board of directors would like to express its appreciation to Mr Ayodele Olowookere for his immense contributions to the bank these past years,” it added.
As a result of the hole left in the company with his exit, the board has appointed Mrs Olaitan Aworonke as the acting Managing Director/CEO of Omoluabi Mortgage Bank effective October 31, 2019.
Prior to her appointment, Mrs Aworonke was formerly an Executive Director and also worked in the capacity of the Group Head, Banking Operations and Business Development in Omoluabi.
She is a fellow, Institute of Chartered Accountants of Nigeria (ICAN), Institute of Chartered Economist of Nigeria (ICEN) and member, Chartered Institute of Taxation of Nigeria (CITN). She had also worked in various capacities in different banks before her joining the company.
She currently has over 16 years working experience within the Nigerian banking sector.
Jobs/Appointments
NCC Appoints Funke Opeke, ipNX’s Olusola Teniola to IPv6 Board
By Modupe Gbadeyanka
The duo of Mr Olusola Teniola and Ms Funke Opeke are now on the newly inaugurated Internet Protocol version 6 (IPv6) council board of the Nigerian Communications Commission (NCC).
The team was constituted as part of a broader industry effort to accelerate Nigeria’s transition to IPv6.
It has Mr Muhammed Rudman as Chairman, Mr Chris Uwaje as Vice Chairman, and Ms Mary Uduma, Mr Gbenga Adebayo, Mr Lanre Ajayi, and Mr Latif Ladid as members.
At the inauguration in Ikeja, Lagos, NCC said it created the group as part of its renewed commitment to accelerating Nigeria’s transition to IPv6, a critical enabler of the country’s digital future.
Speaking on his appointment, Mr Teniola, a director at ipNX, expressed appreciation to the NCC for the opportunity to serve and reiterated the importance of collaborative action in driving Nigeria’s digital transformation.
“The transition to IPv6 is no longer a future consideration; it is an immediate priority for Nigeria’s digital economy. As data consumption grows and emerging technologies such as 5G, IoT, and AI become more pervasive, we must ensure that our underlying infrastructure is scalable, secure, and globally competitive,” he said.
He further emphasised that achieving meaningful IPv6 adoption will require strong alignment across stakeholders, including telecom operators, internet service providers, enterprises, academia, and government.
“This is a collective responsibility. We must invest in capacity building, drive awareness, and create the right policy and regulatory environment to accelerate adoption. Nigeria cannot afford to lag in an increasingly connected world,” he added.
The IPv6 Council Board has been tasked with developing and overseeing the implementation of a national IPv6 strategy, monitoring progress, and providing periodic updates on adoption levels across the country.
The team will also play a key role in addressing infrastructure challenges, strengthening technical expertise, and recommending policy incentives to support nationwide deployment.
Mr Teniola’s appointment reflects ipNX’s continued commitment to shaping Nigeria’s digital ecosystem and advancing the development of resilient, future-ready network infrastructure across the country.
Jobs/Appointments
Axxela Appoints Moshood Olajide New CEO as Ononiwu Retires
By Adedapo Adesanya
Axxela Limited has appointed Mr Moshood Olajide as its new chief executive, following the retirement of Mr Timothy Ononiwu.
According to the company, Mr Ononiwu retired after attaining the official retirement age, following nearly a decade in top leadership roles, including his time as Chief Financial Officer (CFO) and later GCEO.
Under his leadership as CFO and then later as GCEO, Mr Ononiwu played a pivotal role in strengthening the company’s financial stability, overseeing expansion plans, and fostering strong partnerships across the energy value chain.
Speaking on Mr Ononiwu’s retirement, the Chairman of the board of Axxela, Mr Nzan Ogbe, expressed deep appreciation for his leadership and contributions to the organisation.
“On behalf of the board, I would like to thank Timothy Ononiwu for his commitment and significant contribution to Axxela as Group Chief Executive Officer and, before that, as Chief Financial Officer.
“Axxela has benefitted immensely from his dedication and strategic leadership over the years. His efforts have positioned the company for financial strength and long-term success, and we are grateful for the strong foundation he leaves behind.
“Following Timothy Ononiwu’s retirement, Moshood Olajide will assume the role of GCEO, where he will bring his visionary leadership to guide the company through its next phase of growth. His vast industry experience and deep understanding of the company’s post-divestment strategy position him well to lead the organisation to its next frontier,” he stated.
Reflecting on his retirement, Mr Ononiwu said: “As I begin this new chapter, I do so with immense pride in what we have built together. Leading Axxela has been one of the greatest honours of my professional life. I am deeply grateful to our employees, partners, and stakeholders whose dedication, innovation, and resilience have shaped our success. I remain confident that the strong foundation we have built will continue to drive growth and excellence for many years to come. I look forward to watching the next chapter unfold and wish the entire team continued success.”
The newly appointed GCEO is bringing extensive leadership experience in the energy and infrastructure sectors, with a strong track record in operational excellence, business growth, and strategic transformation, leveraging a legal, accounting, and corporate governance background.
In his new role, Mr Olajide will lead Axxela through its next phase of expansion, focusing on advancing natural gas advocacy, expanding integrated energy offerings, deepening regional market footprint, and accelerating the delivery of cleaner and more reliable energy solutions.
The company also announced the appointment of Ms Yetunde Demuren as Chief Financial Officer, an elevation from her previous role as Head of Corporate Finance and Treasury Management.
She is a seasoned finance executive with nearly two decades of experience in financial strategy, project viability assessment, cash flow planning, and capital management.
Her appointment is expected to further strengthen the company’s financial performance as the company continues to pursue ambitious growth plans and expand its infrastructure investments.
Jobs/Appointments
Nkechi Runsewe Becomes Nigerian Breweries Human Resources Director
By Aduragbemi Omiyale
Mrs Nkechi Runsewe has been appointed as the new Human Resources Director of Nigerian Breweries Plc.
A statement on Friday disclosed that the appointment is effective Saturday, August 1, 2026.
She replaces Ms Grace Omo-Lamai, who will retire from the company on July 28, 2026, after nearly a decade of distinguished service and impactful leadership.
The appointee will play a central role in translating Nigerian Breweries’ EverGreen 2030 strategy into execution by shaping the organisation’s design, leadership behaviours, workforce capabilities and performance systems to deliver sustained volume growth, cost discipline, and repeatable performance.
She joined the organisation from its parent company HEINEKEN, bringing strong global experience in talent management and organisational development.
As Global Head of Talent Management at HEINEKEN, she strengthened leadership pipelines across the business, significantly improving succession readiness and advancing performance and development frameworks across HEINEKEN operating companies.
Since joining HEINEKEN in September 2021, Mrs Runsewe has built trusted partnerships across and beyond the People Function and strengthened global Communities of Practice and is recognised for her collaborative, pragmatic approach to continuous improvement, establishing a strong foundation for her team and successor. Prior to her current role, she served as Regional Talent Lead for the Africa, Middle East, and Eastern Europe (AMEE) Region.
“We are delighted to welcome Nkechi Runsewe to the Nigerian Breweries Management Team at a pivotal moment for our business,” the Managing Director of Nigerian Breweries, Mr Thibaut Boidin, said.
“Nkechi brings deep expertise in talent management and a strong track record of driving high-performance cultures across geographies. Her leadership will be critical as we continue to build a future-ready organisation, strengthen our people capabilities and deliver our EverGreen 2030 ambitions,” he added.
Commenting on her appointment, Mrs Runsewe said, “I am honoured to join Nigerian Breweries at such an important moment in its journey. The company’s strong legacy, combined with its forward-looking EverGreen 2030 strategy, presents a unique opportunity to build an even stronger, high-performing organisation. I look forward to working closely with our teams to strengthen our leadership capabilities, deepen our talent pipeline, and foster a culture where our people can thrive and deliver sustainable growth for the business.”
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