Otunba Oduntan Chairs WEMABOD’s New Board

Ololade Adeyanju/

The board and management of Wemabod Limited have inaugurated a boardroom guru, Otunba Seyi Oduntan, as its new chairman.

The inauguration took place at the headquarters of the conglomerate on Broad Street, Lagos, immediately after a new board was put in place on Tuesday.

The motion for Oduntan’s elevation from a director to the chairman was moved by one of the board members, Engineer Kolawole Akinola, supported by other directors.

Speaking after his inauguration, the seasoned administrator and former Managing Director of Honeywell group expressed appreciation for other directors, referring to his colleagues as core professionals.

Describing Wemabod as an iconic organization that had seen a major turnaround in the last four years, Oduntan said Wemabod had real potential in real estate and other businesses, with an asset base that is worthy of emulation.

He assured stakeholders that the new board would help to realize the potential of the company while leaving a legacy that everybody will be proud of.

Oduntan congratulated all board members and the Managing Director/Chief Executive Officer of Wemabod, Mr. Yemi Ejidiran, for their commitment to making the company great.

He said: “To whom much is given, much is expected. Wemabod is a subsidiary of Odu’a and the company is looking for more investments and achievements.

“We can work together to achieve outstanding results. The work ahead of us is to bring something to the table and achieve the desired greater results.”

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