Razaq Bamidele
The Board and Management of WEMABOD Limited, on Tuesday, inaugurated 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.
The motion for Oduntan’s elevation from a director to chairman was moved by Engr. Kolawole Akinola one of the board members and was supported by other directors.
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In his acceptance speech after his inauguration, Oduntan, a seasoned administrator and former Managing Director of Honeywell group expressed appreciation to other directors, referring to them as core professionals.
While describing Wemabod as an iconic organisation that had seen a major turnaround in the last four years, the new Chairman said Wemabod has a real potential in real estate and other businesses, with asset base that is worthy of emulation.
He, therefore, assured stakeholders that the new board would help to realise the potential of the company while leaving a legacy that everybody will be proud of.
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Oduntan also congratulated all board members and the Managing Director/Chief Executive Officer of Wemabod, Mr Yemi Ejidiran, on their commitments to making the company great.
His words: “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.”
