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Adeola Ogunsemi

Adeola Ogunsemi, Chief Financial Officer (CFO)



Professional Overview



Adeola Ogunsemi is a seasoned financial executive with over 20 years of experience in the energy and utilities industries. As the Chief Financial Officer (CFO) of Oando Energy Resources Inc., he is responsible for overseeing the company's financial strategy, operations, and risk management, playing a crucial role in driving the organization's growth and profitability.

Experience Summary



Current Role


As the CFO of Oando Energy Resources Inc. since 2012, Adeola has been instrumental in shaping the company's financial roadmap and ensuring its long-term sustainability. He leads a team of finance professionals in managing the company's accounting, treasury, and financial reporting functions, while also spearheading strategic initiatives to optimize financial performance and enhance shareholder value.

Under Adeola's financial stewardship, Oando Energy Resources has achieved significant milestones, including securing multi-million-dollar funding for major expansion projects and implementing robust risk management strategies to navigate market volatility. His expertise in financial planning, forecasting, and capital allocation has been pivotal in the company's ability to seize growth opportunities and maintain a competitive edge in the industry.

Career Progression


Prior to joining Oando Energy Resources, Adeola held various finance leadership roles, including Chief Financial Officer at Oando Exploration and Production Limited and Assistant Controller at BP. His diverse industry experience, coupled with his strong analytical skills and strategic mindset, have enabled him to drive organizational transformation and enhance financial performance across his previous roles.

Throughout his career, Adeola has demonstrated a track record of success in financial management, cost optimization, and change management. He has played a crucial role in streamlining financial processes, improving reporting accuracy, and implementing data-driven decision-making frameworks to support business objectives.

Academic Background


Adeola holds a Bachelor of Science degree in Accounting from the University of Lagos, Nigeria, and a Master of Business Administration (MBA) from the University of Chicago Booth School of Business. He is a certified public accountant (CPA) and a member of the Institute of Chartered Accountants of Nigeria (ICAN).

Areas of Expertise


  • Financial planning and analysis

  • Mergers, acquisitions, and divestitures

  • Treasury and cash management

  • Risk management and compliance

  • Performance optimization and cost control

  • Financial reporting and disclosure

  • Strategic decision-making and business partnering


Professional Impact


Adeola's contributions to Oando Energy Resources have been significant, as he has played a pivotal role in securing multi-million-dollar funding for major expansion projects and implementing robust risk management strategies to navigate market volatility. Under his financial leadership, the company has achieved impressive growth and maintained a strong competitive position in the industry.

Conclusion


With his extensive finance expertise, strategic mindset, and proven track record of driving organizational transformation, Adeola Ogunsemi is a highly valued CFO who continues to contribute to the success and growth of Oando Energy Resources. His commitment to financial excellence and his ability to align financial strategies with business objectives make him a valuable asset to the company and the energy industry as a whole.