Xerox chief, others inducted IoD fellows

The Institute of Directors (IoD) has bestowed Fellowship on some chief executives of notable companies for promoting professional development and good corporate governance.

The Fellows’ night and investiture, with the theme, ‘Building sustainable Institutions, took place at the Eko Hotels and Suites in Victoria Island, Lagos.

Guest speaker was Mr. Oluwole Oshin of Custodian Investment.

Prominent among the inductees were Managing Director of Xerox HS, Femi Okunade; former managing director of First Bank Nigeria Plc, Moyo Ajekigbe; Olufemi Omotosho and 31 others.

According to the President and Chairman of the Governing Council of IOD, Alhaji Ahmed Rufai Mohammed: “The Fellows were chosen because of their unblemished character, directorship experience and notable contributions to the business community.”

Okunade, while expressing delight over the honour, said: “This is one of the best awards I have received. I feel really honoured and it would spur me to work harder in strengthening the IoD and the country at large.”

Okunade, a member of the Institute of Management Consultants, has won award of excellence in marketing in Africa and the Middle East and has vast experience in direct sales and services, documents solutions, oil and gas and fast food industries.