Red Star Express confirms Babura as new chief executive

The Board of Directors of Red Star Express Plc has announced the appointment of Auwalu Babura as the new Managing Director/Chief Executive Officer of the company. 

He replaces the current Group Managing Director/CEO, Dr. Sola Obabori, whose tenure ends on March 31, 2022.

Also, the Board appointed Charles Ejekam (currently, Divisional Managing Director, Red Star Logistics) as the new Executive Director, Sales and Marketing, following the end of the tenure of its current executive management team.

A statement by the firm said the new appointments are effective on April 1, 2022, and are in line with Red Star’s succession planning process.

The statement explained that Babura, who is the incumbent Executive Director (Finance and Administration), is an accomplished Chartered Accountant, an innovative and result-oriented financial expert with proven track records of managing organisational resources.

He joined the services of Red Star Express in 1994 and has served in various capacities, leading finance, internal control and processes management, credit and administration teams.

He holds a first Degree in Accounting (B.Sc.) from Bayero University Kano, an MBA in Business Administration (MBA) from the Lagos State University and an MBA from London School of Business and Finance.

He is a member of the Institute of Directors (IoD) and a fellow of the Institute of Chartered Accountants of Nigeria. He is also an alumnus of Lagos Business School and The London School of Economics.