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VFD Group Strengthens Board With Four New Directors

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VFD Group

By Modupe Gbadeyanka

The board of VFD Group Plc has been strengthened with the appointment of four new directors, who are expected to use their wealth of experience to move the company forward.

The Chairman of VFD Group, Mr Olatunde Busari, said he was excited with the “diversity of complementing competencies and functional experience has contributed immensely to our success and with the new directors, we believe they would continue to reiterate this and build our achievements in the years to come.”

On his part, the GMD/CEO of the firm, Mr Nonso Okpala, said the new directors, who have a combined experience of over 50 years across several fields including telecommunications, engineering, risk, and financial services, “have made remarkable careers and run successful businesses and the addition of such combination of experience to an already robust board will have an even more profound immediate effect on our deliberations and businesses.”

Business Post gathered that appointed were Folajimi Adeleye as Executive Director in charge of Finance, John Okonkwo as Executive Director and Chief Operating Officer, while the duo of Kelvin Orogun and Femi Akinware joined the board as non-executive directors.

Folajimi Adeleye joined VFD Group in 2018 as Group Financial Controller before his appointment as Executive Director. He is an Economics major and has experience spanning over 12 years across banks, primary mortgage institutions, asset management, pension fund administrators and not-for-profit organizations. Prior to joining VFD Group Plc, Folajimi had worked at One Finance and Investments Limited (now Carbon) and KPMG.

Before the new appointment, John Okonkwo was the Chief Financial Officer at Heirs Holdings Limited and was previously the Head of Business Assurance & Compliance in the same company. Prior to joining Heirs Holdings Limited in June 2012, he was a Manager in the Internal Audit, Risk & Compliance Services division of KPMG. John is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and has many years of experience in Finance, Audit, Risk Management, Sustainability Services and Corporate Governance Services.

Kelvin Orogun runs Cashpot, a money remittance company in London and Lagos, which he set up after a career in banking and other financial services in Nigeria. He is a Computer Science graduate with an MBA from Cass Business School – City University London and is also a Non-Executive Director at Anchoria Asset Management limited.

Femi Akinware brings on board 24 years of accomplished leadership in telecoms. He holds an MBA and BSC in Electronics and Computer Engineering and has spent 15 years working on mergers and acquisitions, asset building, corporate development, business re-engineering, IT Consultancy, and business start-ups.  Mr Akinwale is currently the CEO of COMENERGY.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Kayode Oyekanmi Replaces Sola Kosoko as LTV General Manager

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Kayode Oyekanmi LTV General Manager

By Modupe Gbadeyanka

Lagos Television (LTV 8), Alausa, Ikeja, has a new General Manager, and he is Mr Kayode Oyekanmi, replacing Mrs Sola Kosoko, who was ousted by the Lagos State government.

Mr Oyekanmi was presented with his letter of appointment on Wednesday, May 13, 2026, by the Lagos State Head of Service, Mr Bode Agoro, in a brief ceremony.

The new General Manager of the state-owned broadcast station was tasked with using his vast experience in the media space to take LTV 8 to greater heights.

Mr Agoro expressed confidence in Mr Oyekanmi’s capacity to reposition Lagos Television and wished him a successful and impactful tenure of office.

Prior to his appointment, Mr Oyekanmi served as the Director of Strategy Centre at the Lagos State Ministry of Information and Strategy, a position he has held since 2022.

A seasoned brand communications practitioner, Mr Oyekanmi has over three decades of professional experience spanning both the private and public sectors, with expertise in Advertising, Public Relations, and global export services.

He commenced his public service career as a Public Affairs Practitioner on March 1, 2000, with the Lagos State Ministry of Information and Strategy.

The new LTV boss, a Lagos State indigene from Isale Eko, Lagos Island, has received several awards in recognition of his dedication, hard work, and commitment to the journalism profession.

He holds a Master’s degree in Public Administration (MPA) from the University of Lagos and a Bachelor’s degree in English Language and Education from Lagos State University.

He is an active Member of the Nigeria Union of Journalists (NUJ) and the Nigerian Institute of Public Relations (NIPR).

In addition, he is a voracious reader and a passionate lawn tennis player, and currently serves as the Charter President of the Lagos State Ministry of Information Toastmasters Club.

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Tinubu Chooses Famadewa as Special Adviser on Homeland Security

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adeyinka famadewa

By Modupe Gbadeyanka

A retired Major-General, Mr Adeyinka Famadewa, has been appointed as the Special Adviser to President Bola Tinubu on Homeland Security.

The appointee retired from the military after over three decades, with experience in national security strategy, intelligence fusion, counter-terrorism operations, and international security diplomacy.

His career reflects a rare blend of operational excellence, strategic foresight, and institutional leadership in safeguarding Nigeria’s territorial integrity and national interests, a circular signed by the Secretary to the Government of the Federation (SGF), Mr George Akume, said.

It was disclosed that Mr Famadewa was chosen for the position because of his exceptional record of service, strategic expertise, and outstanding contributions to Nigeria’s national security architecture.

The notice said the appointment underscores the commitment of the administration of Mr Tinubu to strengthening internal security coordination, enhancing intelligence-driven operations, and deepening inter-agency collaboration in addressing emerging security threats across the country.

The President expressed confidence that Mr Famadewa’s appointment will further enhance the government’s efforts toward achieving a safer and more secure Nigeria through improved coordination of homeland security initiatives, intelligence integration, and proactive risk management.

He also urged him to deploy his wealth of experience, professionalism, and strategic insight in advancing national security objectives and supporting the administration’s agenda.

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FCMB Fortifies Board With Appointment of LSETF Chair Adepeju Adebajo

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Adepeju Adebajo

By Aduragbemi Omiyale

In a bid to strengthen its board and support its transformation goals, FCMB Group Plc has appointed the chairman of the board of the Lagos State Employment Trust Fund (LSETF), Mrs Adepeju Adebajo, as an independent non-executive director.

A statement signed by the company secretary, Mrs Olufunmilayo Adelabu, disclosed that the appointment has been approved by the Central Bank of Nigeria (CBN).

She brings to the board over 30 years of experience across industry, renewable energy, agriculture, finance and consulting. She has worked with teams and clients in sub-Saharan Africa and Europe, helping them grow and multiply impact.

Throughout her career, Mrs Adebajo has led teams through change and growth. She previously worked at Lafarge Africa Plc, and was once the chief executive of Mouka Limited, Lumos Nigeria, UTC Nigeria Plc and an Assistant General Manager at United Bank for Africa (UBA) Plc. She is a Transformation Lead at Etex Group (Nigerite and Emenite Limited).

In 2025, she founded Climate Governance Initiative Nigeria, affiliated with the World Economic Forum (WEF) and serves on the World Economic Forum Council on Climate and Nature Governance (2025-2027).

Mrs Adebajo holds a Master’s and a BSc in Chemical Engineering from Imperial College London and an MBA from Harvard Business School.

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