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LBS Advisory Board

ACHA LEKE Senior Partner, McKinsey&Company, Johannesburg 

A Senior Partner in the Johannesburg office, Dr Acha Leke started his career at McKinsey & Company as a Summer Associate in South Africa in 1998. He rejoined the Firm in Atlanta in 1999 and transferred back to Johannesburg in 2002 to help expand the Firm's activities across Sub-Saharan Africa. Acha relocated to Lagos in 2010 to open up the Firm's newly established office in Nigeria, and returned to South Africa in 2014. He leads the Firm's Public and Social Sector Practice in Africa, as well as the Firm's Private Equity Practice in Africa, and is a member of the McKinsey Global Institute (MGI) Council. He is also the Senior Partner in charge of Global Recruiting for McKinsey worldwide.

Acha serves governments, multinational, and private sector institutions across Africa on issues of economic development, tax administration, growth strategies, holistic transformations, and investment decisions. He has worked across over 20 African countries to date.

Prior to McKinsey, Acha worked as a part-time Consultant on novel techniques to linearize High Power Amplifiers for wireless applications, while completing a Ph.D. in Electrical Engineering at Stanford University. He also received an M.S. in Electrical Engineering and an M.S. in Industrial Engineering and Engineering Management from Stanford University, as well as a Bachelor of Electrical Engineering summa cum laude, with a minor in Economics, from the Georgia Institute of Technology where he graduated as Valedictorian (first Black Valedictorian in the School's history). 

Acha is a co-founder and member of the Board of the African Leadership Academy, a co-educational boarding school that aims to develop the next generation of African leaders. He is also a co-founder of the African Leadership Network, an invitation-only network of young African leaders who aspire to bring prosperity to the Continent. He is a World Economic Forum (WEF) Young Global Leader Alumni (2008), and has received numerous recognitions including Africa's Young Investment Professional of the year (Africa Investor, 2008); Top 40 men under 40 in South Africa (Destiny Man, 2010); Top 10 Youngest Power Men in Africa (Forbes, 2011); 50 Most Influential Africans (Africa Report, 2012); 100 Most Influential Africans (New African, 2012, 2014, 2015, 2016); Top 20 next generation Francophone Africans (Forbes, 2013); Top 40 under 40 in Nigeria (Business Day, 2013); Top 20 Rising Stars in Africa (Euromoney, 2014).

He is currently a member of the WEF's Global Future Council on Economic Growth and Social Inclusion – after having served for 8 years on the Global Agenda Council for Africa; of ONE's Africa Policy Advisory Board; of the Lagos Business School Advisory Board; and of President Kagame's African Union (AU) Reform Steering Committee. He co-authored McKinsey's highly acclaimed series of Lions on the Move reports, and is regularly featured in various media (CNN, CNBC, Bloomberg, Economist, FT, Wall Street Journal, etc.).

Acha is from Cameroon, and is fluent in both English and French.

 

ADEPEJU ADEBAJO – Commisioner for Agriculture, Ogun State

Adepeju Adebajo has over 25years' experience spanning various industries and finance. She is currently the Ogun State Commissioner for Agriculture. Previous roles include MD, Project Management Office & Geocycle at Lafarge Africa Plc, where she was responsible country-wide for strategic projects including Cement Plant Expansion Projects valued at approximately $600million, Road Projects valued at approximately N20billion, Captive Power Plants valued at approximately $50million and Alternative Fuels/Waste Management; CEO-Cement for Nigeria and MD Wapco. She also managed Public Affairs and Communication Strategy. She was on the Board of Lafarge Africa Plc and Ashaka Cement PLC and on the Advisory Board of Lagos Business School.

She previously headed strategic planning, brand management and product development at United Bank for Africa, was a qualified case leader at Boston Consulting Group and a financial analyst at Citibank, both in the UK.

Mrs Adepeju Adebajo holds a Bachelor of Engineering (Chemical Engineering) from the Imperial College of Science & Technology, London; a Master of Engineering (Chemical Engineering) from the University of London; and a Master of Business Administration, Harvard University, Boston. She is an alumna of INSEAD.

She supported the Federal Ministry of Budget and National Planning in development of the 2017 – 2020 National Economic Recovery and Growth Plan

 

ANDREW ALLI - CEO, Africa Finance Corporation

As Chief Executive Officer of Africa Finance Corporation, Andrew is responsible for the overall strategy and operations of the Corporation. The Executive Management under his leadership has undertaken over US$4.5 billion in investments across Africa, financing high impact projects like a West African submarine cable, a commercial wind farm in Cape Verde, a toll road in South Africa, a Greenfield power plant in Ghana and a flagship road infrastructure project in Cote d'Ivoire.

Until his appointment as the CEO, Africa Finance Corporation in November 2008, Andrew was the Deputy Chief Executive Officer of Travant Capital, a private equity fund. Prior to that, he was with the International Finance Corporation ("IFC"), the private sector financing arm of the World Bank Group in Washington as an investment officer working first in the Oil, Gas and Mining Department and then in the Telecommunications Department.

In 2002 he was appointed IFC's Country Manager for Nigeria, responsible for managing IFC's operations in the country. In 2006, he was appointed Country Manager for Southern Africa, where he was responsible for South Africa and seven other countries.  

 

CHIDI OKORO – MD/CEO, UAC Foods Limited

Chidi Okoro is the Managing Director/CEO of UAC Foods Limited (A Joint Venture Company between UAC of Nigeria Plc and Tiger Brands of South Africa) He is responsible for the operational strategy of the three businesses of UAC Foods Limited (Snacks, Dairies & SWAN)

Chidi, who won the Pearl Outstanding CEO Award for 'Best Performance at Delivering Shareholder Value in 2013', has an Executive Masters in Positive Leadership and Strategy from IE Business School, Spain; a Senior Management Programme certificate from Lagos Business School and an MBA in Marketing from the University of Lagos, Nigeria, among others. Chidi is the founder of Southern Business Academy, a social benefit organisation dedicated to grooming Managers and technical staff for Nigeria and African Businesses.​​

 

JUAN ELEGIDO – Vice Chancellor, Pan-Atlantic University

Professor Juan Elegido was born in Madrid (Spain) and has lived in Nigeria since 1977. He has a licentiate degree in Law from the Universidad Central de Madrid (Spain) and a doctorate in Law from the Universidad de Navarra (Spain).

He worked as a business consultant in Spain and taught Jurisprudence and Tax Law in Nigeria, before becoming one of the founding staff of the Lagos Business School in 1991. He has been Director of Programmes and Dean at LBS and currently the Professor of Business Ethics and Vice Chancellor of Pan-Atlantic University.

He has been an active participant in the Nigerian Economic Summit meetings since their inception and was the chairman of the Human Capital and Quality of Life Workgroup in the Summit No. 9. He was also a resource person to the Vision 2010 Committee and serves as director or chairman in several organizations.

He is the author of four books: Jurisprudence (1994), Fundamentals of Business Ethics (1996), Una Comunidad de Servicio - EnsayosenEtica de la Empresa (2000) and Business Ethics in the Christian Tradition (2003). He has also published numerous articles on Law and on Business Ethics in academic and professional journals.

 

LAZARUS A. ANGBAZO – President & CEO, GE Nigeria & GE Energy Connections Africa 

Lazarus Angbazo is the President & CEO of GE Nigeria where he is responsible for developing and growing GE's businesses in Nigeria. He is also President & CEO of GE Energy Connections Africa, which is GE's Transmission and Distribution businesses. He is based in Abuja, Nigeria.

Lazarus was appointed the President & CEO, GE West, East & Central Africa, in October 2008. His responsibility was expanded to include Commercial Growth Leader for Africa Region in May 2011. Lazarus Joined GE in 2004 and held several leadership positions within the GE Capital business in the U.S. From 1997 to 2004, he worked for JP Morgan Chase, New York, where he held senior positions in corporate mergers & acquisitions, strategic planning, and credit portfolio management. Between 1992 and 1997, he was Assistant Professor of Finance at Purdue University, and also served as Research Director at Fannie Mae in 1996.

He was elected the President of American Business Council (ABC) in Nigeria and sits on the Board of Advisory for Lagos Business School (LBS). Lazarus also serves on the boards of Africa America Institute (USA), and Bingham University (Nigeria).

Lazarus was born in Nigeria, and graduated from Ahmadu Bello University with a B.S. in Mathematics, with First Class Honors degree. He then earned an M.S. degree in Industrial Engineering & Operations Research from The University of Iowa, and a Ph.D. in Corporate Finance from New York University.

Lazarus is an advocate for development throughout Africa through education, and works with several charities and government agencies in furtherance of this cause. He is married to Joyce Lin and they have two children, Saraya (10-year-old daughter) & Jonathan (15-year-old son).

 

YAW NSARKOH – Executive Vice President, Unilever Ghana-Nigeria

Yaw Nsarkoh is the Executive Vice President (EVP) of Unilever Ghana and Nigeria.

Prior to this he served as the Managing Director (EVP) for Nigeria from 1st January, 2014 to 31st December, 2016 and Managing Director, Unilever, East and Sothern Africa, based in Kenya from 2010 to 2013.

He was at one time the Strategic Assistant to the President and Unilever Executive Member for Asia, Africa, Central and Eastern Europe based in the United Kingdom.

He also served at various times as Marketing Director and Executive Board member for Unilever, Ghana; African Regional Brand Manager, Laundry Regional Innovation Centre (Africa, Middle East & Turkey), working out of Unilever, South Africa and Production Manager Unilever, Ghana.

Mr Nsarkoh holds an Honors Degree in Chemical Engineering from the University of Science and Technology, Kumasi, Ghana and a Post Graduate Diploma in Management from Henley Management College, Henley -on- Thames, United Kingdom.

He is a member of Ghana Institution of Engineers; a Director of Changing Lives Endowment Fund (CLEF) in Ghana, a former Director of the Kenya Association of Manufacturers and Chairman of East African Shippers Council.

Mr Nsarkoh currently sits as council member on Trade/Employee Associations and Strategic Private Sector committees in Nigeria.

Yaw also sits as a member, Board of Advisors, Lagos Business School. He is a regular speaker on business issues, specifically Marketing and Leadership at public fora.

His hobbies include walking, cycling, and civil society advocacy. He has a special interest in: development economics, management and leadership philosophy.

 

OMOBOLA JOHNSON – Partner, TLcom Capital

Omobola Johnson is a Partner of TLcom Capital in Lagos, Nigeria, a venture capital firm focused on investments in technology enabled companies in Sub-Saharan Africa.

Before joining TLcom, Omobola was Minister of Communication Technology, Nigeria from 2011 to 2015, focusing on the launch and execution of the National Broadband Plan, and the support of the Nigerian technology industry, including the pioneering involvement of the government in a local VC fund and a network of start-up incubators. Before serving in the Nigerian government, she was in Accenture for over twenty five years including five years as Country Managing Director, working with companies in a variety of industries, transforming them into more competitive and dynamic organizations.

Omobola serves on the Board of a number of not-for-profit and for-profit organisations, including Women in Management and Business (WIMBIZ) where she was the founding Chairperson.

Omobola has a Bachelor's in Electrical and Electronic Engineering from the University of Manchester; a Master's in Digital Electronics from King's College, London and a Doctorate in Business Administration from the School of Management, Cranfield University. 

 

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MR J.K OLUSEGUN AGBAJE – MD, Guaranty Trust Bank plc

Mr. Agbaje is the Managing Director of Guaranty Trust Bank plc. With over 26 years investment and international banking experience, Mr. Agbaje is involved in the general management of the bank's day-to-day operations and has earned a reputation as a truly accomplished and highly respected professional within the West Africa sub-region, given his diverse experience in the financial services industry.

Prior to joining Guaranty Trust Bank, he worked with Ernst & Young, San Francisco, USA. He subsequently joined Guaranty Trust Bank as a pioneer staff in 1991 and rose through the ranks to become an Executive Director in January 2000 and Deputy Managing Director in August 2002, in light of his diverse background and experience in almost all areas of the bank's activities including commercial banking, investment banking, treasury, corporate planning and strategy, settlements and operations.

Mr. Agbaje possesses a deep understanding of the Nigerian business environment having initiated and led the execution of large, innovative and complex transactions in financial advisory, structured and project finance, balance sheet restructuring and debt and equity capital raising in several sectors of the Nigerian economy notably Oil and Gas, Energy, Telecommunications, Financial Services and Manufacturing industries. In addition, he helped in developing the Interbank Derivatives market amongst dealers in the Nigerian banking industry and introduced the Balance Sheet Management Efficiency system.

He was also very instrumental in putting together Guaranty Trust Bank's landmark US$350million Eurobond offering in 2006 and later that year, the listing of its US$750 million Global Depository Receipts (GDR) in an unprecedented concurrent global offering in the domestic and international capital markets – which made Guaranty Trust Bank the first Nigerian company and first African bank to be listed on the Main Market of the London Stock Exchange. In 2011, he further led GTBank to launch the first Sub-Saharan Africa financial sector benchmark Eurobond when the Bank launched its US$500million Eurobond without a sovereign guarantee or credit enhancement from any international financial institution.

Mr. Agbaje serves on the boards of other business concerns including Guaranty Trust Bank in Kenya, Rwanda, Uganda, Ghana and the United Kingdom.

He is an alumnus of the Harvard Business School and holds a B.Sc and MBA from the University of San Francisco, USA. 

Mr. Agbaje was appointed Managing Director of Guaranty Trust Bank plc in July 2011.


ADITYA S. CHELLARAM - Executive Director and CEO, Chellarams Plc

As the CEO of Chellaram​s Plc, a longstanding family-owned business established in Nigeria in 1923, Aditya is responsible for managing the operations of the core business activities as well as acting as a bridge between corporate services and seven (7) Subsidiary and Associated companies of the Group.  The core business activities cover logistics & distribution, marketing and real estate whilst the activities of the Subsidiaries and Associates span Power Generation, Textiles Manufacturing, Quick Service Restaurants (franchisee of KFC), Technical Services and more. 

Aditya is also a Director of ArtHouse Contemporary Ltd., the largest Nigerian auction house of fine art, a business he co-founded with his mother Kavita in 2008.

Aditya has served on the Exco of the YPO Lagos Chapter since 2014 and currently holds the position of Chapter Chair. Aditya also serves on the Board of Trustees of the Murli T Chellaram Foundation, the Society of Performing Arts in Nigeria (SPAN) and the Eko Charitable Foundation for Poverty Alleviation.

He graduated from Georgetown University with a B.Sc in Foreign Service (Culture & Politics).

Finally, Aditya is an avid Saxophone player and general musician performing live music regularly around Lagos with the afrobeat band Bita Kola, contemporary jazz quartet Axion Reaxion and afro-rock band Skata Vibration. He also enjoys yoga & meditation, tennis, trekking and climbing.


VENKATARAMANI SRIVATHSAN - MD/CEO, Africa & Middle East, Olam International Limited

Venkataramani Srivathsan ("Sri") joined Olam International in 1994 and has more than 25 years of experience in the commodities industry. He has held various positions in the Olam group, including country head, Ghana; country head, Nigeria; and regional head, West and Central Africa. Currently, he is the managing director and CEO for Africa and the Middle East, with oversight responsibility for the fertiliser business.

Mr Srivathsan belongs to the 12-member executive committee that is Olam's top policymaking body, and is a member of its human resource and crisis committees. He is also the vice-chairman of the Singapore Business Federation and a member of the NTU-SBF Centre for African Studies executive committee. He was awarded a prestigious World Business for Peace Award in 2010.

With over 20 years of pan-African experience, Mr Srivathsan has presented many papers on smallholder farmways in the pan-African forums. He has also been part of the advisory committees for the ministry of agriculture and the ministry of trade and industry in Nigeria. Under his leadership, Olam Nigeria won several international and national awards​.

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