Monday, October 20, 2025
29.3 C
Lagos

Red Star Express Confirms Auwalu Babura as New CEO

The Board of Directors of Red Star Express Plc has announced the appointment of Mr. Auwalu Badamasi Babura, the incumbent Executive Director (Finance and Administration) as the new Managing Director/CEO of the company, effective April 1, 2022.

He replaces the current Group Managing Director/CEO, Dr. Sola Obabori whose tenure comes to an end on March 31, 2022, in line with Red Star’s meticulous succession planning process.

Mr. Charles Ejekam (currently Divisional Managing Director, Red Star Logistics) was also announced by the Board, as the new Executive Director Sales & Marketing. Both appointments are effective April 1, 2022.

The appointment, also a demonstration of astute succession planning, follows the end of the tenure of its current executive management team that included the incumbent Executive Director, Sales & Marketing, Mr. Victor Ukwat whose retirement also takes effect on March 31, 2022.

Babura, the new MD/CEO, a listing member of the Nigerian Stock exchange is an accomplished, innovative, and result-oriented financial expert, with proven track records of managing organizational resources and delivering sustainable financial results.

With unique competencies in finance and strategic customer management, Auwalu joined Red Star Express in 1994 and has served in various capacities, leading teams in Finance, Internal Control and Processes Management, Credit Management, and Administration.

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 a Mini MBA from London School of Business and Finance.

Mr.  Ejekam was the Divisional Managing Director of Red Star Logistics; a subsidiary of Red Star Express Plc. from April 2019 and also served as the Divisional Managing Director of Red Star Express; also a subsidiary of Red Star Express Plc. from April 2016 to March 2019.

He began his working career in Red Star Express as a Commercial Executive in year 2000, and has at various points handled responsibilities in Territorial Management, Key Accounts Management, Marketing, Brand & Public Relations, and Regional Management roles in Lagos and Abuja.

He holds a Bachelor of Science Degree in Political Science from the University of Nigeria, Nsukka and a Master’s Degree in Public & International Affairs from the University of Lagos.

The Board of Directors in a media statement, commended the outgoing management staff their many years of meritorious service and leadership.

Red Star Express Plc is a Licensee of Federal Express (FedEx) Corporation, the world’s largest delivery solutions provider. It has over 150 offices in Nigeria; with international offices in Niger Republic, Burkina Faso, and Benin Republic.

Its network spans over 1,500 communities in Nigeria and 220 countries worldwide.

Its services include Express Delivery, Logistics, Freight, Outsourcing services, Supply Chain Management, E-Commerce Facilitation, Printing and Packaging, E-Archiving, as well as Agro Trade Logistics.

 

 

spot_img
spot_img
spot_img

Hot this week

When Transparency Becomes Luxury: INEC and ₦1.5bn FOI Controversy

By Chike Walter Duru When the Independent National Electoral Commission...

Unity Bank Corpreneurship Challenge Beneficiaries Hit 578 as 30 More Winners Emerge

  No fewer than 578 young entrepreneurs across Nigeria have...

Polaris Bank Reinforces Commitment to Exceptional Customer Experience at Global Trade Forum in Ibadan

Chris Ofikulu, Executive Director, Retail & Commercial Banking, Polaris...

Fidelity Bank Bags Awards for Best Export, Trade Support and Innovation

  Fidelity Bank’s market leadership has been affirmed once again...

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Topics

Ecobank Assures Farmers of Seamless Processes to Access Agric Loans

Ecobank Nigeria has assured farmers who are beneficiaries of...

GE Restates Commitment to Africa at 2016 U.S.-Africa Business Forum

Two years ago, the first U.S.-Africa Business Forum drew...

Businesses Saw Significant Rise in Fraud, Risk in 2016

Fraud, cyber, and security incidents are now the “new...

GTBank Reports N200.24bn Profit in 2017

Guaranty Trust Bank Plc has released its audited financial...

Stanbic IBTC Bank PMI: New Order Growth Hits 19-month High

Growth in the Nigerian private sector continued to gain...

4G Connections Hit 1bn as Mobile Broadband Momentum Extends

The number of 4G mobile connections worldwide has surpassed...

NCDMB Unveils Nigerian Content Fund Certificate, Empowers 130 firms with $400m NCI Fund

The Nigerian Content Development and Monitoring Board has introduced...
spot_img

Related Articles

Popular Categories

spot_imgspot_img