Ikeja Electric Executive and Leadership Team

August, 2026

Leadership Overview

Ikeja Electric has 4 executives leading key functions including strategy, financial oversight, human capital management, 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 growth 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. By overseeing the distribution of electricity across the Lagos region, the Chief Executive Officer ensures that residential, commercial, and industrial clients receive consistent energy supply. This leadership role involves managing complex infrastructure projects and maintaining high standards of corporate governance to support long-term sustainability. Folake Soetan drives the implementation of advanced metering and billing technologies to enhance overall customer experience. Through collaboration with the Board and other C-suite leaders, the Chief Executive Officer aligns operational goals with the broader mission of providing reliable energy solutions. By optimizing internal processes and fostering a culture of accountability, the Chief Executive Officer secures the company's market position as a leader in the Nigerian energy sector. Ultimately, Soetan maintains the integrity of the distribution network while expanding service capacity to meet growing regional demand.

    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 planning, budgeting, and reporting, the Chief Financial Officer ensures that resources support the expansion of electricity distribution infrastructure. This leadership role involves mitigating financial risks and optimizing the cost structure to maintain profitability within the competitive energy market. Seqinah Akinwunmi drives the development of financial models that support investment in metering and billing systems, directly impacting the company's ability to serve residential and industrial users. By collaborating with the executive team, the Chief Financial Officer provides the data-driven insights necessary for informed decision-making regarding regional operations. Through rigorous oversight of financial controls and regulatory compliance, the Chief Financial Officer protects the company's assets. Ultimately, Akinwunmi secures the financial stability required to sustain long-term growth and operational excellence across the Lagos service area.

    Henry Ajibola - Chief Human Resources Officer

    Henry Ajibola, the Chief Human Resources Officer at Ikeja Electric, architects the talent acquisition and organizational development strategies necessary for a high-performing workforce. Overseeing employee engagement, training programs, and performance management, the Chief Human Resources Officer ensures that the staff possesses the technical expertise required to maintain complex electricity distribution systems. This leadership role involves fostering a culture of safety and corporate responsibility that aligns with the company's mission. Henry Ajibola drives initiatives to improve internal communication and operational efficiency, which directly supports the delivery of reliable energy services to customers. By collaborating with other C-suite leaders, the Chief Human Resources Officer aligns workforce capabilities with the strategic goals of the organization. Through the implementation of robust human capital policies, the Chief Human Resources Officer strengthens the company's ability to attract and retain top talent in the energy sector. Ultimately, Ajibola builds the organizational foundation required for sustained regional success.
    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 distribution network. Overseeing the implementation of efficient payment systems and customer support protocols, the Nmd Revenue Officer ensures that the company captures value from residential, commercial, and industrial energy consumption. This leadership role involves analyzing market data to identify opportunities for revenue growth and reducing technical and commercial losses. Oluwaseyi Muhammed drives the adoption of modern billing technologies that enhance the customer experience and streamline financial transactions. By collaborating with the finance and operations teams, the Nmd Revenue Officer aligns revenue collection efforts with the broader goal of maintaining a reliable energy supply. Through the optimization of collection processes and the management of customer accounts, the Nmd Revenue Officer secures the cash flow necessary for infrastructure investment. Ultimately, Muhammed improves the financial performance of the company through disciplined revenue management.

    Explore Leadership Teams in Electricity, Oil & Gas

    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.