Oba Otudeko
Non-Executive Director

Oba Otudeko, CFR is Founder and Chairman of Honeywell Group. He is also Chairman of Honeywell Flour Mills Plc and Group Chairman, FBN Holdings Plc, the parent company of First Bank of Nigeria Limited.

Oba Otudeko is an entrepreneur and visionary reputed for his highly successful domestic and foreign investments that cut across diverse sectors of the economy. He served on the board of First Bank between May 1997 and December 2010 when he retired as Chairman. He was also the Chairman of FBN Bank (UK) Limited, Fan Milk of Nigeria Plc, Airtel Nigeria, and Nigeria-South Africa Chamber of Commerce (2000 – 2011).

He has, at various times, served on the Boards of Central Bank of Nigeria (1990 – 1997), Guinness Nigeria Plc (1999 – 2003), British American Tobacco Ltd (2001 – 2004) and Ecobank Transnational Incorporated, headquartered in Lome, Togo (2002 – 2010). Between September 2006 and August 2009, he was the 16th President and Chairman of Council of the Nigerian Stock Exchange.

Professionally, he is a Chartered Banker, Chartered Accountant and Chartered Corporate Secretary. He has also attended executive management training programmes at International Institute for Management Development (IMD), Lausanne, Switzerland; Harvard Business School, Boston, U.S.A; then Arthur D. Little School of Management, U.S.A. and The Wharton School, University of Pennsylvania, U.S.A.

As a respected member of the organized private sector, he has, at various times, been entrusted with national and even international assignments. He was Chairman of the Business Support Group (BSG) for the delivery of the National Integrated Infrastructure Master Plan (NIIMP). He was Chairman of the National Maritime Authority; Member, Presidential Advisory Council on Nigeria Industrial Revolution Plan; Member, Constituent Assembly responsible for drafting a new Constitution, 1988 to 1989; Council Member, Manufacturers’ Association of Nigeria and a member of the Nigeria/South Africa Bi-National Commission. Outside Nigeria, he was appointed, between 2003 and 2005, the Honorary Consul General of the Republic of Liberia to the Federal Republic of Nigeria. He was Chancellor of the Olabisi Onabanjo University, Ago-Iwoye, Ogun State from 2001 to 2010 and currently serves as a member of the Office of Distinguished Friends of the London Business School (UK).

In further recognition of his many contributions to the economic and social development of Nigeria and his consistent commitment to good causes and the Nigerian nation, Dr. Oba Otudeko’s National Honour was again upgraded to Commander of the Order of the Federal Republic (CFR) in November 2011, having previously been awarded the Officer of the Order of the Federal Republic (OFR) in November 2002 and the Member of the Order of the Federal Republic (MFR) in December 2000.

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