We are excited to announce the inauguration of a new Board of Directors for Rite Foods Ltd to propel the Company to a new growth trajectory.
New members appointed to the Board are Mr. Kunle Elebute and Isa Mohammed Inuwa as Independent Non-Executive Directors; Raheem Owodeyi as Non-Executive Director and Dr Kehinde Onijingin as Executive Director.
This strategic move is aimed at positioning the business for accelerated growth and enhanced market presence as the Company takes giant strides into the next phase of its growth journey.
Chairman of Rite Foods Ltd, Dr Sulaiman Adebola Adegunwa, OFR says the Board is “delighted to welcome a distinguished and experienced group of individuals to the Board of Directors. The collective intelligence, expertise and experience of the new Board members, working with the old members of the Board will be instrumental to guiding Rite Foods to new heights of success.”
The Board members are professionals with varied experience from both the private and public sectors in Nigeria and beyond. Meet the entire Board:
The Chairman of the Board, Dr. S. A. Adegunwa, OFR is an accomplished industrialist of over 60 years, with diversified interest in Photography, Food and Beverage, Insurance, Agriculture and printing. He has served on several Boards and was the Chairman of Sterling Bank Limited from 2007 to 2014.
Mr. Seleem Adegunwa is the Managing Director/Chief Executive Officer of Rite Foods.
The pioneer Managing Director of Rite Foods, with 27 years’ experience in leadership and business, has a first degree in Mechanical Engineering and an MBA degree in International Business from Birmingham City University and the University of Bristol, respectively.
His leadership and business acumen have positioned Rite Foods Ltd as a household name in the Food and Beverage sector in a very short time.
Mr. Kunle Elebute is a chartered accountant with over 40 years’ experience in Consulting. He was Senior Partner/CEO of KPMG Nigeria and Chairman of KPMG West Africa. He has served on the Board of several organisations.
Mr. Isa Mohammed Inuwa is a former Deputy Managing Director of Nigeria Liquified Natural Gas Limited and former Chief Operating Officer/Executive Director, Support Services at the Nigerian National Petroleum Corporation (NNPC) where he retired. Inuwa, with experience spanning over 35 years, has a degree in Accounting and Masters in Accounting and Finance. He has served on the Boards of many organisations in the Education, Banking, Food & Beverage, and Oil & Gas industries.
Mr. Raheem Owodeyi, an Economist, is currently the Executive Director/Chief Operating Officer of Sterling Bank Ltd and comes with over 32 years’ experience in the Financial Services Industry.
Mrs. Kudirat Balogun, an accountant with over 25 years’ experience, is the Chief Financial Officer of Rite Foods. She has a first degree from the University of Lagos in Computer Science and trained as an accountant in the UK. She is a Fellow of the Association of Chartered Certified Accountants, UK as well as a Fellow of the Institute of Chartered Accountants of Nigeria. She also holds an MBA from Cass Business School, UK.
Dr. Kehinde Onijingin is currently the Chief Operating Officer at Rite Foods. He has two doctorate degrees in Human Resource Management and Strategic Management and comes with over 21 years of experience in manufacturing and financial services.
The Chairman is confident that the Company will capitalize on the collective expertise and industry insights of the new Board to achieve great milestones. He wishes the Board every success in undertaking its onerous responsibilities.
We are proud to announce the appointment of Dr. Kehinde Onijingin as our new Chief Operating Officer (COO), effective November 1st, 2023. Dr. Onijingin, a distinguished professional with over 21 years of experience in human resources and strategy, will play a pivotal role in enhancing the company’s standing as a market leader in the food and beverage industry.
Having previously served as the Head of Human Resources and Administration, Dr. Onijingin has been instrumental in ensuring the seamless operation of our organisation. With over 15 years of leadership experience in both manufacturing and financial services, he has consistently made significant contributions to these sectors.
Dr. Onijingin has been chosen as COO due to his exceptional track record of value creation within the company. Since assuming the role of Head of Human Resources and Administration on October 2nd, 2019, he has driven substantial improvements not only in human resources but also across various facets of the organisation.
As a valued member of our Management Team, his insights and contributions have propelled our growth, earning us numerous accolades within the industry. Before joining Rite Foods Limited, Dr. Onijingin served as the Head of Human Resources and Administration at Honeywell Flour Mills Plc., where he held various leadership positions and played a key role in shaping the company’s growth strategy.
Dr. Onijingin’s dedication to professional development is evident through his extensive education and certifications. He holds a Ph.D. in Human Resource Management, specialising in Knowledge Management, obtained in April 2013. Additionally, he earned a second Ph.D. in Strategic Management from Babcock University in April 2017. Dr. Onijingin is also a Certified Balanced Scorecard Professional, recognised by George Washington University and the Balanced Scorecard Institute, West Africa.
Upon his appointment, the Chairman, Alhaji (Dr.) Sulaiman Adebola Adegunwa (OFR), expressed his confidence in Dr. Onijingin’s capabilities, stating that he is the perfect fit for this role, given his outstanding performance in his previous position. Congratulations Dr. Kehinde Onijingin! We are confident that his leadership will continue to drive our success in the industry.