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Dradrock poised to deepen corporate governance with appointment of new board

Dradrock Real Estate Limited, a Lagos based real estate development company, has unveiled a five-man board of directors that will take the fast-growing organization to the next level.
The board was formally introduced at a brief media event, which took place at Dradrock’s corporate office in Lekki, Lagos.
Oladipo Idowu-Agida, managing director of the company, explained that the primary goal of this new line of action was to institutionalize every aspect of quality corporate governance in the organization. The board is ultimately responsible for ensuring that the company complies with legal and regulatory obligations.

Speaking briefly on the issue, Idowu-Agida stressed that one fact he has taken away from vast entrepreneurship training is that when building a sustainable business, the company must have a life of its own to grow one key element that nurtures and sustains a business is a corporate governance. His words, “Corporate governance is the life of a growing business, and the lack of it has killed most businesses in our environment. (Well-structured corporate governance) is what investors, institutions, and customers want to see. “The extraordinary growth of the Dradrock real estate company can be attributed to the vision and entrepreneurial skills of Idowu-Agida.

Idowu-Agida further highlighted that investors want to know that they are dealing with an institution, not an individual; they want to visualize a predictably sustainable organization. Additionally, “when we started Dradrock, our goal was to build an indigenous company that will grow a multinational organization with a board that will develop a process that ensures growth and sustainability.

On the board, we have a blend of experienced and young entrepreneurs, committed to adhering to the highest standards of corporate governance, corporate responsibility, and risk management to direct and control the business to ensure diversity in making impactful business decisions. The company’s journey is still a long one, and it would be difficult to achieve anything meaningful without corporate governance, where the organization’s overall interest is the primary goal, he said.
Leading the board as Chairman is Abimbola Odubiyi, an Electrical Engineer of over 20 years with extensive experience in the power industry operations.

Others are Also on the board is Obabori Peter Olusola, a seasoned administrator, technocrat and an astute management professional, with over 20 years in sales and marketing, accounting and finance and business development experience; then, Henrietta Onwugbuzie, a top-notch leader/ instructor in entrepreneurship on the MBA and Executive programs at Lagos Business School (LBS), is another member of the board.

All these egg heads with my humble self will grow the business, expand and navigate with excellent creativity to ensure that Dradrock becomes a globally respected multinational organization, “ Idowu-Agida declared.

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