Fountain Holdings Gets New Management Board As Gov., Fayemi Appoints Jide Ogundare Chairman.

Gov., Kayode Fayemi.

The Governor of Ekiti State, Dr. Kayode Fayemi has in his bid to further drive investment in the State, has approved the appointment of members of Board of the Fountain Holdings Limited, the investment company owned by the state government.


The new board according to news, is headed by Mr. Jide Ogundare as Chairman, with Prof. Abiodun Ayeni- Agbaje, Dr Tunde Adeniran, Ms. Folakemi Fatogbe and Prince Bode Adetoyi as members.

Statutory members of the board are the State’s Commissioners for Finance and that of Investment, Trade and Industry, while the MD/CEO, Mr Seyi Aiyeleso will also serve on the Board.

The Chairman, Jide Ogundare is CEO of MBO Capital. He is a trained Economist and former Executive Director and Head, Retail Banking Division of Guaranty Trust Bank (GTBank), where he worked for 21 years, before he retired in 2011.

He holds a Masters’ degree in Business Administration from Cardiff Business School and a degree in Law from School of Oriental and African Studies, University of London and was called to the Nigerian Bar in 1987.

Prof. Abiodun Rafiat Ayeni- Agbaje, a fellow of the Institute of Chartered Accountants of Nigeria (FCA), is a lecturer at the Department of Accounting, Ekiti State University, Ado-Ekiti.

She is also the Chairman of ICAN, Ekiti State chapter.

Dr. Tunde Adeniran, has a PhD in Geology and was General Manager in Total Nigeria Plc, where he spent 22 years and held different managerial positions before his appointment as Group Executive Director in charge of NNPC Ventures in 2016.

Adeniran supervised 11 commercial and investments companies of the corporation dealing in crude and LPG sales and was charged with the responsibility of diversifying NNPC’s economic base through commercialisation of non -assets and creating new investments.

He is presently the Special Adviser to the Governor on Energy Matters.

Ms Folakemi Fatogbe is the Director of Risk Management at the Central Bank of Nigeria (CBN).

Prior to her appointment at the CBN, she had a twenty-year long career in the banking industry (mostly in the United Kingdom), where she held positions as Senior Risk Analyst, and Programme Director among others. She holds an MBA in Finance & International Business from the University of Wales, Cardiff Business School.

Prince Bode Adetoyi is Chief Executive Officer of Hi-Nutrient International Limited. He holds a Bachelor’s degree in Agriculture and a Master’s degree in Animal Nutrition and Bio-Chemistry.

He has undergone extensive trainings in business management in Nigeria and overseas.
Their appointments take immediate effect.