CEO Today Africa Awards

NIGERIA www.ceotodaymagazine.com 34 CEO Today Africa Awards 2017 AKIN AKINFEMIWA Group CEO of Forte Oil PLC www.forteoilplc.com Forte Oil PLC is an integrated energy group. The Company operates with downstream petroleum operations, power generation and upstream petroleum services. Forte is engaged in the marketing of petroleum products directed at the automobile, industrial, aviation, and marine markets. FORTE OIL: Forte Oil PLC operates over 500 retail outlets in the downstream sector of Nigeria’s Oil and Gas industry, offering a wide range of petroleum products and quality lubricants for various automobiles and machines. Its offerings equally satisfy respective needs of industrial, aviation and marine markets. FORTE UPSTREAM SERVICES LIMITED: Forte Upstream Services Limited operates in the upstream petroleum services sector and renders quality production and drilling chemical laboratory services to major oil exploration and production companies in Nigeria. AP OIL & GAS GHANA: Forte Oil’s downstream petroleum operations extend to Ghana, where its subsidiary, AP Oil and Gas Ghana Limited (APOG) maintains a significant network of retail outlets. This is in line with Forte Oil’s regional expansion plans into the West African markets such as Liberia, Togo and Sierra Leone leveraging Ghana as its hub. AP Oil and Gas Ghana Limited (APOG) commenced operations in July 2008. AMPERION POWER: Amperion Power Distribution Company Limited (Amperion Power) is the power generation division of Forte Oil PLC which recently completed the acquisition of a majority stake in the 414MWGeregu Power plant located in Kogi State of Nigeria, under the government- led privatization programme in the power sector. Amperion Power is a partnership arrangement with seasoned and competent entities in the global power sector. FB ENERGY DEVELOPMENT COMPANY (FBEDC): FB ENERGY DEVELOPMENT COMPANY (FBEDC) is a Special Purpose Vehicle which has strategic partnership agreement with technical partners to position itself for the proposed Federal Government of Nigeria sale of marginal oil fields and divestment of International Oil Companies investments in local oil blocks. FIRM PROFILE Mr. Akin Akinfemiwa as the Group Chief Executive Officer of the Company is responsible for the overall strategic direction for the business and the subsidiaries. Mr. Akinfemiwa was a former Director, Trading and Business development of Fineshade Energy Limited. Mr. Akin Akinfemiwa is a seasoned and experienced International Petroleum Products Trader with focus on oil and oil products futures, swaps and derivatives trading responsibilities. He was influential in developing strategic trading and supply relationships for Oando in the West African Sub Region. Prior to this, Akin had worked with FSB International Bank plc as a Business Process Analyst and a sub-team leader on the Company’s Business Transformation project in 2001. Mr. Akinfemiwa is an alumnus of the Said Business School, University of Oxford, United Kingdom. He also holds a B.sc Honours degree in Mechanical Engineering from the University of Ibadan and a Master of Business Administration (information Technology) from the University of Lincolnshire and Humberside, United Kingdom. ABOUT AKINAKINFEMIWA