Ikeja Electric Executive and Leadership Team

September, 2026

Leadership Overview

Ikeja Electric has 4 executives leading key functions including strategy, financial management, human capital development, and revenue optimization.

Focused on delivering reliable energy solutions across Nigeria, Ikeja Electric prioritizes operational excellence and customer-centric service to empower residential, commercial, and industrial users throughout the Lagos region.

Leadership Roles at Ikeja Electric

  • Chief Executive Officer - Folake Soetan
  • Chief Financial Officer - Seqinah Akinwunmi
  • Chief Human Resources Officer - Henry Ajibola
  • Nmd Revenue Officer - Oluwaseyi Muhammed
  • Folake Soetan - Chief Executive Officer

    Folake Soetan, the Chief Executive Officer at Ikeja Electric, directs the overarching strategic vision for the organization. Overseeing the distribution of electricity across the Lagos area, the Chief Executive Officer ensures that infrastructure investments align with the goal of providing reliable energy solutions to residential, commercial, and industrial clients. Folake Soetan manages high-level corporate governance standards while driving initiatives that enhance customer experience through improved metering and billing systems. By coordinating with the board and senior leadership, the Chief Executive Officer maintains a focus on long-term sustainability and corporate social responsibility. This leadership role involves navigating complex regulatory environments to secure stable power delivery for the region. Through rigorous oversight of operational performance, the Chief Executive Officer fosters a culture of efficiency and accountability. Ultimately, Soetan secures the market position of the company as a premier energy provider in Nigeria.
    Folake Soetan

    Seqinah Akinwunmi - Chief Financial Officer

    Seqinah Akinwunmi, the Chief Financial Officer at Ikeja Electric, manages the fiscal health and capital allocation strategies for the organization. Overseeing financial reporting, budgeting, and investment planning, the Chief Financial Officer ensures that resources support the expansion of energy distribution networks across the Lagos region. Sequinah Akinwunmi directs the financial risk management frameworks necessary to maintain high standards of corporate governance. By analyzing revenue streams from residential, commercial, and industrial sectors, the Chief Financial Officer optimizes cash flow to fund critical infrastructure upgrades. This leadership role involves close collaboration with the executive team to align financial objectives with the broader mission of providing reliable electricity. Through precise fiscal oversight, the Chief Financial Officer supports the long-term viability of the company. Ultimately, Akinwunmi drives the financial stability required to sustain large-scale energy operations within the competitive Nigerian market.

    Henry Ajibola - Chief Human Resources Officer

    Henry Ajibola, the Chief Human Resources Officer at Ikeja Electric, architects the talent acquisition and organizational development strategies for the company. Overseeing workforce planning, performance management, and employee engagement, the Chief Human Resources Officer ensures that the staff possesses the technical expertise required to maintain complex electricity distribution systems. Henry Ajibola directs training programs that emphasize safety, customer service excellence, and operational efficiency for all personnel serving the Lagos area. By fostering a high-performance culture, the Chief Human Resources Officer aligns individual contributions with the corporate mission of delivering reliable energy solutions. This leadership role involves managing labor relations and implementing policies that uphold corporate governance standards. Through the cultivation of a skilled workforce, the Chief Human Resources Officer supports the overall growth and stability of the organization. Ultimately, Ajibola secures the human capital necessary to meet the evolving energy demands of the region.
    Henry Ajibola

    Oluwaseyi Muhammed - Nmd Revenue Officer

    Oluwaseyi Muhammed, the Nmd Revenue Officer at Ikeja Electric, directs the strategies for revenue collection and billing accuracy across the service territory. Overseeing the implementation of advanced metering infrastructure, the Nmd Revenue Officer ensures that residential, commercial, and industrial users receive precise billing statements. Oluwaseyi Muhammed manages the customer support functions related to payment processing and debt recovery to enhance the financial performance of the company. By analyzing consumption patterns in the Lagos area, the Nmd Revenue Officer identifies opportunities to reduce technical and commercial losses. This leadership role involves coordinating with field operations to ensure that revenue collection processes remain efficient and transparent. Through the application of data-driven insights, the Nmd Revenue Officer optimizes the billing cycle to support the company's commitment to reliable energy delivery. Ultimately, Muhammed drives the revenue growth necessary to sustain the infrastructure and service standards of the organization.

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    Frequently Asked Questions Regarding Ikeja Electric Top Executives and Leadership Team

    Who leads Ikeja Electric?
    Ikeja Electric is led by Folake Soetan (Chief Executive Officer), along with executives such as Seqinah Akinwunmi (Chief Financial Officer) and Henry Ajibola (Chief Human Resources Officer).
    Who is part of Ikeja Electric’s executive team?
    The executive team of Ikeja Electric includes leaders such as Folake Soetan (Chief Executive Officer), Seqinah Akinwunmi (Chief Financial Officer), Henry Ajibola (Chief Human Resources Officer) and other senior executives.
    How many executives does Ikeja Electric have?
    Ikeja Electric has 4 executives leading key business areas.
    What roles are included in Ikeja Electric’s leadership team?
    The leadership team of Ikeja Electric includes roles such as Chief Executive Officer, Chief Financial Officer, Chief Human Resources Officer, Nmd Revenue Officer.