Ellah Lakes appoints interim CFO as Robert Grant resigns

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Dipo Ogunbiyi


Ella Lakes Plc appointed Dipo Ogunbiyi as the company’s interim Chief Financial Officer.

A corporate disclosure by the company said the appointment follows the resignation of Robert Grant, the company’s former Chief Financial Officer.

Mr Grant left the company to pursue other opportunities.

  • “By mutual agreement, Robert Grant, the Chief Financial Officer of Ellah Lakes Plc is leaving Ellah Lakes Plc to pursue other opportunities. We wish him the best in his future endeavors and we look forward to the growth of Company goes from strength to strength. The Company fills the vacant role by appointing Dipo Ogunbiyi as interim Chief Financial Officer,” part of the statement said.

The new CFO: Mr Dipo Ogunbiyi has over 18 years of experience in investment banking and finance.

  • He has advised local corporations and state governments on transactions in excess of $2 billion in his career.
  • Before joining Ellah Lakes Plc, Ogunbiyi was the head of investment banking at First Ally Capital.
  • Also, he previously worked at other investment banks including FBNQuest Merchant Bank, Renaissance Capital, United Capital and FCMB Capital Markets.
  • Ogunbiyi holds a BA from Lagos State University and an MBA from the University of Chicago, Booth School of Business.

More updates: The company also revealed its plans to commission a new three tonne per hour crude palm oil (CPO) mill in Edo State by the end of January 2023. The commissioning will mark the start of cash flow from approx. Edo State operation of the company.

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