By Rukayat Moisemhe

The Chartered Institute of Directors Nigeria (CIoD), Nigeria’s premier corporate governance institute, has elected Mr Adetunji Oyebanji as its 19th president and chairman of governing council.

The election took place during the institute’s 41st Annual General Meeting (AGM) on Thursday in Lagos.

The News Agency of Nigeria (NAN) reports that Oyebanji’s election follows the successful completion of tenure by the institute’s 18th president, Alhaji Tijjani Borodo.

In his remarks, Mr Bamidele Alimi, Director General, CIoD Nigeria, said Oyebanji, a fellow of the institute and managing director/ Chief Executive of 11PLC emerged as president, following a duly conducted election.

Alimi described Oyebanji as an astute boardroom executive who had served the institute in several key capacities, including as first and second vice president.

According to the director general, Oyebanji also served as chairman, finance and general-purpose committee, and chairman of the membership and branch development committee.

“We are delighted to welcome Otunba Oyebanji into this new leadership role.

“His wealth of experience and longstanding commitment to CIoD Nigeria will no doubt, strengthen our mission to advance sound corporate governance and ethical business practices across the country.

“He brings over four decades of leadership experience in the oil and gas industry; he has held senior executive roles at Mobil Oil Nigeria Plc and currently serves as MD/CEO of 11plc,” he said.

Alimi added that Oyebanji, beyond corporate leadership, was a passionate community advocate and philanthropist.

He said his contributions to national development and grassroots empowerment earned him the traditional title of Otunba Olufi of Gbongan.

According to him, Oyebanji’s emergence as president would further elevate the institute’s influence in the corporate governance space and deepen its impact on ethical leadership development in the country and beyond.

NAN also reports that Mrs Amina’s Oyebola and Alhaji Lamis Dikko were elected first vice president and second vice president respectively.(NAN)(www.nannews.ng)

Edited by Yetunde Fatungase