Tunde Ayeni Receives Distinguished Yoruba Entrepreneur Award

Dr Tunde Ayeni (CON), Chairman, Ibadan Electricity Distribution Company and Vice Chairman of ntel, has won the distinguished Yoruba Entrepreneur Award.

The Award which was presented to him last Friday in his office by the CEO of Printmarks International, Babajide Macaulay, the organizers of the event, was received on his behalf by his Special Adviser, Corporate Communications, Mr Ademola Adedoyin.

The Award, an initiative of the Ooni of Ife, Oba Enitan Adeyeye Ogunwusi, Ojaja I, was instituted to honor “outstanding Yorubas…who are not only successful in their endeavours but also have carved a niche for themselves in Yorubaland, contributing in no small way to the upliftment and growth of Yorubaland.”

The Award ceremony took place on Tuesday August 8 in Lagos.

In its citation, the event organizers, described Dr. Ayeni as an outstanding corporate chieftain and entrepreneur of great vision who became the Chairman of Skye Bank in 2011, a bank which came into existence in 2005 when five banks merged to create a new entity with a balance sheet of N1 trillion.

In 2007, Ayeni became majority stakeholder and vice Chairman of Aso Savings & Loans plc and later Chairman in 2012. He is also a founding partner and current Vice Chairman of Ocean Marine Security (OMS) which provides logistics support to the Nigerian Navy.

In 2013, as Vice Chairman of Integrated Energy Distribution and Marketing Ltd (IEDM), he led a successful bid to take control of the Ibadan and Yola Electricity Distribution companies. This marked the first privatization of a national energy asset in Nigerian history. He is also chairman of JKK (Nigeria) Plc and Temple Resources Ltd, and sits on the boards of PPP Fluid Mechanics Limited and Hightech Procurement Limited.

Dr. Ayeni is also the major promoter of NATCOM consortium, which bought over the former NITEL and now trades under the brand name ntel. He is the Vice Chairman of the company.

Ayeni is an advocate of banking and trade reforms that will make doing business easier in Africa. He is widely acknowledged as a philanthropist supporting various charitable organizations throughout Africa.

Other winners of the Award are, Dr. Babajide Odusolu Esq, Distinguished Yoruba Role Model Award, Sir Olugbenga Oyebode (MFR), Distinguished Yoruba Role Model Award, Hon. Kehinde Odeneye, Distinguished Yoruba Public Officer, Otunba Olumide Osunsina, Distinguished Yoruba Entrepreneur, among others