Ikeja Electric Executive and Leadership Team

June, 2026

Leadership Overview

Ikeja Electric has 4 executives leading key functions including strategy, finance, human resources, and revenue.

Driven by a commitment to reliable energy, Ikeja Electric provides essential electricity distribution services across the Lagos area, focusing on enhancing customer experience through advanced metering and billing systems while upholding strong corporate governance.

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 company's overall strategy and operational execution. Overseeing all business units, the Chief Executive Officer ensures the delivery of reliable energy solutions to residential, commercial, and industrial clients throughout the Lagos region. This leadership position involves driving initiatives to enhance customer experience through improved metering, billing, and support services. By fostering a culture of accountability and innovation, Folake Soetan guides Ikeja Electric's market presence and operational efficiency. The Chief Executive Officer's purview extends to maintaining high standards of corporate governance and championing corporate social responsibility efforts. This executive's strategic vision is critical for navigating the dynamic energy sector and securing Ikeja Electric's position as a leading distributor. The Chief Executive Officer's focus remains on sustainable growth and service excellence across all operational facets.

    Seqinah Akinwunmi - Chief Financial Officer

    Seqinah Akinwunmi, the Chief Financial Officer at Ikeja Electric, manages all financial operations and strategic fiscal planning. Overseeing the company's financial health, the Chief Financial Officer ensures robust budgeting, accurate financial reporting, and effective treasury management. This role is pivotal in supporting Ikeja Electric's mission to provide reliable energy solutions by optimizing resource allocation and driving financial sustainability. Seqinah Akinwunmi's responsibilities include developing financial strategies that align with the company's growth objectives and enhance customer experience through efficient service delivery. The Chief Financial Officer also plays a key part in managing investor relations and securing capital for operational enhancements and expansion projects within the Lagos area. By implementing stringent financial controls and risk management practices, the Chief Financial Officer safeguards the company's assets and ensures compliance with regulatory requirements. This leadership ensures financial stability, enabling Ikeja Electric to meet its commitments to customers and stakeholders.

    Henry Ajibola - Chief Human Resources Officer

    Henry Ajibola, the Chief Human Resources Officer at Ikeja Electric, leads all human capital management and organizational development initiatives. Overseeing talent acquisition, employee relations, and performance management, the Chief Human Resources Officer ensures a skilled and motivated workforce dedicated to delivering reliable energy solutions. This position is crucial for fostering a positive work environment that supports Ikeja Electric's commitment to customer experience and corporate governance across the Lagos region. Henry Ajibola's strategic focus includes developing comprehensive HR policies and programs that align with the company's operational goals and enhance employee engagement. The Chief Human Resources Officer drives initiatives for training and development, ensuring staff possess the expertise required for advanced metering, billing, and customer support functions. By championing a culture of continuous improvement and ethical conduct, Henry Ajibola contributes significantly to the company's overall success and its corporate social responsibility objectives. This leadership ensures Ikeja Electric attracts and retains top talent.
    Henry Ajibola

    Oluwaseyi Muhammed - Nmd Revenue Officer

    Oluwaseyi Muhammed, the Nmd Revenue Officer at Ikeja Electric, spearheads initiatives focused on revenue generation and optimization. Overseeing revenue streams, the Nmd Revenue Officer develops and implements strategies to maximize income from electricity distribution services provided to residential, commercial, and industrial clients in the Lagos area. This role is integral to ensuring the financial viability and operational capacity of Ikeja Electric, supporting its commitment to reliable energy solutions. Oluwaseyi Muhammed's responsibilities include analyzing market trends, identifying new revenue opportunities, and enhancing billing accuracy to improve the customer experience. The Nmd Revenue Officer works closely with finance and operations teams to streamline revenue collection processes and ensure compliance with regulatory frameworks. By driving revenue growth and efficiency, Oluwaseyi Muhammed directly contributes to Ikeja Electric's ability to invest in infrastructure upgrades and maintain high standards of service delivery. This executive's focus is on sustainable revenue performance.

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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.