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Akin Ajayi


Akin Ajayi - Non - Executive Director

Mr. Akin Ajayi graduated from the University of Ife (now Obafemi Awolowo University), Ile-Ife in 1984 with a Bachelor of Science (B.Sc) degree in Economics. He is a Fellow of the Institute of Chartered Accountants of Nigeria and a seasoned banker with a wealth of over 20 years experience. He has also attended several short term courses at prestigious business schools which include the International Management Development Institute (IMD), Switzerland in 1993, Lagos Business School (LBS) in 1995, The Cranfield University, UK, in 2001, The Gordon Institute of Business Science (GIBBS) , University of Pretoria, South Africa in 2004 and Columbia University, USA in 2006. Mr. Ajayi worked as an Officer in the Controls/Audit department of First City Monument Bank Limited from 1988 to 1990. He was the Managing Director of Equity Bank Ltd from 2003 to 2005 before its merger with Intercontinental Bank Plc in 2005 where he served as Executive director from 2005 till his retirement from the Bank in 2008. He is currently the Chairman/Chief Executive Officer of Libra Energy Services Ltd and also serves on the board of other private Companies including a Non-Government Organization. Mr. Ajayi was appointed a director of the Company in July 2009. He is the Chairman of the Companyís Audit Committee as well as the Boardís Business Strategy and Re-Engineering Committee, and member of the Financial Controls, Systems and Risks Committee and the Executive Selection and Remuneration Committee.