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eTranzact International Plc Appoints Two Non-Executive Directors

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Thursday, August 04, 2016 9:07am /NSE

eTranzact International Plc recently appointed two (2) non-executive directors to join the boardof the company. The profile of the directors are as follows

Mr. Adeyinka Olatokunbo Asekun (Appointed 28th April 2016)
Mr. Adeyinka Olatokunbo Asekun holds a Bachelors of Business Administration from the University of Wisconsin, USA and a Masters in Business Administration from the California State University, USA. He is a retail banking specialist.

Mr. Asekun is a key player in the Nigerian Bnking Industry with over two decades of experience in sales, marketing and product management/development. He has served in various managerial roles in International Merchant Bank, UBA PLC and Oceanic Bank PLC notable among which are the Group Head, Retail Banking at Oceanic Bank PLC and the Group Head, Retail Credit Products at United Bank for Africa PLC (UBA PLC).

He was also a Non-executive Director on the board of Oceanic Homes Savings and Loans Limited. Whilst in the service of UBA PLC, he was given the Award for Product Innovation for successfully developing and launching two consumer loan products.

Mr. Asekun is currently the Chairman of the Board of Directors of Wema Bank PLC and the Founder/Chief Executive Officer of Hebron Limited, a management consulting firm.

Mr. Afolabi Oyedeji Razak Oladele (Appointed 21st July 2016)
Mr. Afolabi Oladele graduated from the University of Ife (now Obafemi Awolowo University), Ile Ife, with a Bachelor of Science degree in Chemical Engineering. He is a Fellow of the Nigerian Society of Chemical Engineers and a member of the Boston Based American Institute of Management.

He holds several Certifications including a Certificate in Petroleum Economics from the French Petroleum Institute (IFP) Paris and a Certificate in Applied International Management IFL from Sigtuna-Sweden. He has acquired over 20 years experience in Management, having served in various managerial roles both in the Nigerian National Petroleum Corporation (NNPC) and the National Petroleum Investment Management Services (NAPIMS).

Mr. Oladele is a director on the Board of various companies including the Chairman of Subsurface Resources Management Company (a Geological and Geophysical company) and Founding Director of Frezone Fabrication International (an Oil and Gas Facilities Fabrication Company).

He is currently a Partner, Oil and Gas (overseeing Oil and Gas Investments) at Africa Capital Alliance Nigeria.

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