Oando Group, CEO Mr. Wale Tinubu, added another feather to his cap, when he received the Africa Executive of the Year award at the 3rd edition of the Oil & Gas Council’s 2015 Africa Assembly Award dinner.
Oando PLC Group Chief Executive Officer (CEO), Mr. Wale Tinubu, yesterday, received the Africa Executive of the Year award at the 3rd edition of the Oil & Gas Council’s 2015 Africa Assembly Award dinner, which was held at the InterContinental Le Grand, Paris.
A statement by Head, Corporate Communications ,Ainojie ‘Alex’ Irune said the award recognises the contribution of individuals in leadership positions and excellence in the African oil and gas industry. Mr. Tinubu was unanimously chosen as the “African Business Executive of the Year” in recognition of his pioneering leadership within Africa’s oil & gas sector.
Under his direction ,Oando has steadily increased its operational activities following its strategic and much lauded landmark $1.56 billion acquisition of ConocoPhillips Nigeria, creating Nigeria’ first indigenous major thereby crystallising the emergence of local home grown companies in the upstream sector.
Accepting the award, Mr. Tinubu said: “This accolade is testament to our collective organisational belief at Oando in the tenets of entrepreneurship, innovation, and perseverance. “I am extremely humbled by this achievement, and it serves as further motivation to keep evolving, whilst creating opportunities, surpassing our milestones, and strengthening Africa’s active participation in the global marketplace.”
The award is the second received by Mr Tinubu this month. On June 6th, he was recognised for his entrepreneurial achievements and inducted into the Ernst & Young’s World Entrepreneur of the Year Academy in Monte Carlo, Monaco. Oando is one of Africa’s largest integrated energy solutions providers and is Nigeria’s largest oil and gas producer.
The company produces 55,000 bpd, and its emphasis on quality and safety is driven by emphasis of proactive risk management and the implementation of best practices to create a strong basis for optimal performance on a global scale.