Oando Plc Group’s Chief Executive Officer Wale Tinubu has been honoured with the Africa Executive of the Year award at the third edition of the Oil & Gas Council’s 2015 Africa Assembly Award dinner, which was held at the InterContinental Le Grand, Paris, France.
The award recognises the contribution of individuals in leadership positions and excellence in the African oil and gas industry.
Tinubu was unanimously chosen as the “African Business Executive of the Year” in recognition of his pioneering leadership within Africa’s Oil & Gas sector.
Under his direction, Oando has steadily increased its operational activities following its strategic and much-lauded landmark $1.56 billion acquisition of ConocoPhillips Nigeria, Creating Nigeria’ first indigenous major, thereby crystallising the emergence of local home-grown companies in the upstream sector.
Tinubu, while accepting the award, said: “This accolade is testament to our collective organisational belief at Oando in the tenets of entrepreneurship, innovation and perseverance. I am extremely humbled by this achievement, and it serves as further motivation to keep evolving, whilst creating opportunities, surpassing our milestones, and strengthening Africa’s active participation in the global marketplace.”
The award is the second received by Tinubu this month. On June 6, he was recognised for his entrepreneurial achievements and inducted into the Ernst & Young’s World Entrepreneur of the Year Academy in Monte Carlo, Monaco.