Mike Adenuga Jnr. (OON), Chairman
Dr. Mike Adeniyi Ishola Adenuga Jr. (GCON, CSG), has founded and successfully nurtured many businesses to fruition in Energy, Oil & Gas, Banking, Telecommunication, Real Estate and various other sectors. He is the driving force and energetic Chairman of :
Conoil Producing Ltd (Upstream). The first indigenous company in Nigeria to explore, discover and produce oil in large commercial quantities, with the fastest on-stream production activity from licence award to first production in only 9 months.
Conoil PLC (Downstream): a major petroleum products marketing company, with over 1200 retail outlets all over the country. It’s the acknowledged leader of development in modern retail outlets such as mega stations and non space pumps in the new look retail outlets. It is also the market leader in aviation fuels.
Globacom Limited: the country’s Second National Carrier and the fastest growing telecommunications company in the continent with a subscriber base of over 35 million, a vast network of already laid fibre crisscrossing all parts of Nigeria and a submarine cable that runs from the United States of America to Lagos through the United Kingdom and 17 other European and African countries.
He also founded and developed Devcom bank and Equitorial Trust Bank into highly profitable companies that played active pioneering roles in developing the public, commercial and retail sectors of the economy. These two companies were consolidated into one, Equitorial Trust Bank which recently merged with Sterling Bank Plc with Dr. Adenuga as the largest shareholder of the latter bank.
Dr. Adenuga has over the years been conferred with national and international awards and honors including the two highest civilian honors of Nigeria and Ghana namely Grand Commander of the Order of the Niger (GCON) and the Companion of the Star of Ghana, (CSG) respectively.