• Monday, February 26, 2024
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Meet Foluke Oyeleye, from Bachelor of Arts to NGX boardroom

Foluke Oyeleye, Non-Executive Director, NGX Limited

Foluke Oyeleye is a Nigerian-born business leader and author, known for her deep experience in corporate governance across the telecommunications, financial, FMCG and oil & gas sectors. She has over 25 years of work experience in these industries.

She currently works as a Director at Honeywell Group, a conglomerate of companies with operations across the food and agro-allied, real estate, infrastructure, energy and services sectors.

She oversees operations of the Group’s corporate office as well as its international operations. Under her leadership, the Group works to ensure regulatory compliance in all of the international locations, liaising with regulatory bodies, banks and local authorities and exploring partnerships and opportunities.

Foluke studied Social Sciences, with a Bachelor of Arts (BA) degree from the University of Durham in 1995, and later acquired a Masters in Business Administration (MBA) from the prestigious Harvard Business School in 2006. Shortly after graduating, she worked in financial services, and as an Associate at FCMB Capital Markets (CSL Stockbrokers).

Following her MBA, she worked at Telecgsm Limited, a mobile services company and the largest distributors of Nokia mobile phones in West Africa, with operations in Nigeria and the United Kingdom.

In her role as Director, acting Chief Executive Officer, and subsequently, Operations Director, she was instrumental in setting up the first Nokia service centre in West Africa and rolling out franchise stores across the continent.

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Previously, she worked at Econet (now Airtel Nigeria), a mobile telecommunications company with a 26.8% market share and 46.8 million subscribers.

Oyeleye worked as National Manager, Retail and Service Centres and was part of the 7-person team who conceptualised and developed the company’s business plan, identified an operator, and successful bid for a $285m national wireless service provider license in 2001.

She serves as Non-Executive Director on the Boards of First Registrars and Investor Services Limited; and previously, as Non-Executive Director, NGX Regulation Limited (NGX REGCO).

Currently serving as Non-Executive Director on the Board of Nigeria Exchange Limited (NGX), a subsidiary of the Nigerian Exchange Group Plc (NGX Group). NGX is a leading listing and trading venue and a multi-asset exchange providing a home to the best of African enterprises listed on their premium, main, and growth boards.

Oyeleye was recently conferred Honorary Fellow of the Institute of Capital Market Registrars in recognition of her contributions to the development of the Nigerian economy and its capital market.

Foluke is an Associate of the Chartered Institute of Stockbrokers in Nigeria and is a member of the Institute of Directors (IoD) Nigeria and United Kingdom (IoD UK).