Mr Olufemi Bakare
Olufemi Bakare is the CEO of Fenchurch Group, a leading infrastructure-focused conglomerate with interests in Power and Energy across Nigeria and West Africa.
A Business Executive with over 20 years of diverse expertise in Business Management, and implementing operational strategies and has been responsible for the growth of Fenchurch Group of Companies. He has extensive experience and is responsible for acquisition strategies, project structuring/development
and implementation of effective corporate governance across all Fenchurch subsidiary companies.
He has, over the last 19 years, led the growth and development of Fenchurch from a single logistics company to a strong presence in the Energy and Power sectors, especially in the development and ownership of Independent Power Plants (IPPs) and mini electrical power distribution grid systems across the country to bridge the power gap and contribute to the development narrative of the country.
Prior to founding Fenchurch, he worked at Petroconsultants-MIA (IHS Energy) UK and Zenon Oil and Gas Nigeria. He sits on the boards of Zeric Energy Resources Limited, Terra Green Limited, and the Sickle Cell Aid Foundation of Nigeria. He is the Chairman of Bremen O&M Nigeria Limited and, in 2024, was appointed Chairman of the Lagos Chamber of Commerce and Industry (LCCI) Power Sector Group. He is also a member of the Institute of Directors (IOD).
Olufemi Bakare has been awarded the Special Recognition Award by the Rotary Club in recognition of Entrepreneurial Competence and Service to Humanity in 2020. He was awarded the esteemed Paul Harris Fellow Award by the Rotary Foundation of Rotary International in 2024. Likewise, Fenchurch Group, over which he presides as CEO, was awarded a special recognition for Professional Excellence in The Power Sector by The International Facilities Management Association (IFMA) Nigeria Chapter in 2022, He was recognized as one of the leading CEOs of 2022 in Nigeria by The Guardian Newspaper.
He holds an LLB (Hons) Law from LSBU (UK) and a BVC from Inns of Court School of Law (ICSL). He has been a panelist at various events, notably Lagos Start Up Week – The Future of Energy 2022, Lagos, and The Domestic Gas Summit: Gas to Power Value Chain, Abuja Chamber of Commerce, 2023, to name a few. He has authored various articles on Power and Infrastructure, including Efficient Power: Addressing a Critical Element in Nigeria’s Agro-Industrial Revolution, 15th May 2020; Power and Internet of Things: Energy Efficiency as Catalyst for Technological Innovation and Economic Growth in Nigeria 2023.
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