The Nigerian Aviation Handling Co. Plc (nahco aviance) has appointed Mrs. Olatokunbo Adenike Fagbemi as its new group managing director and chief executive officer.
She takes over from Mr. Idris Yakubu who resigned as managing director.
Spokesman for the ground handling company, Mr. Tayo Ajakaye said in a statement that the appointment was made following the adoption of a new group structure by the board of directors.
He also said Fagbemi’s appointment was announced in a notice to the Nigerian Stock Exchange (NSE) by the board of directors.
Ajakaye further said with the appointment, all nahco aviance’ subsidiaries including Nahco Free Zone (NFZ), Nahco Energy and Power (EPI) and Mainland Cargo Options Limited (MCO), will report directly to her.
Fagbemi is a management turnaround expert with IATA, ACI and ICAO certifications and she is expected to bring her wealth of experience in championing the agreed strategic transformation plan of the company following a board and management retreat with inputs from KMPG.
“She will implement the new strategic plan, operationalise a seamless and harmonised group structure which will transform nahco into one of the best companies in the world.
“The new group managing director will focus on improving customer experience, drive stakeholder value, enhance shareholders’ investment in the Company, integrate and closely monitoring of the activities of the subsidiaries to create synergies and better returns on capital.
“Fagbemi, would, in the immediate, have the task of repositioning the company, maintaining industrial harmony, energising the staff and improving stakeholder relationships and values.
“She is also expected to coordinate and drive the new audacious, bold and challenging initiatives that will establish NAHCO Plc as the leading ground handling company in West and Central Africa in the shortest possible time,” said Ajakaye.
Fagbemi is an Airports Council International (ACI) and International Civil Aviation Organization (ICAO) certified International Airport Professional (IAP) as well as International Air Transportation Association- (IATA) certified leasing professional with expertise in infrastructure provision and public private partnerships
In addition to the IAP Certification, Fagbemi holds a Master’s Degree in Business Administration from IESE (“Instituto de Estudios Superiores de la Empresa”) University of Nevara, Spain.
She also holds a Bachelor’s Degree in Pharmacy from the University of Ibadan.
She attended Maryhill Convent School Ibadan, Queens School Ibadan, International School Ibadan, Harvard University USA and Cranfield University, UK.
Fagbemi holds certificates in Air Transport Management, Airport Commercial Revenue Development, from the Cranfield University, UK.
She is a holder of Certificate in Leaders in Development Infrastructure in an Emerging Economy from Kennedy School of Government (KSG), Harvard University.
She has facilitated several training programmes for ACI, several airlines, ground handling companies and the Nigerian Civil Aviation Authority (NCAA) etc.
An alumnus of the Lagos Business School, Fagbemi worked and trained in various aspects of airport management, passenger handling, ramp handling and cargo handling at the Dubai International Airport, Changi Airport Singapore, Murtala Muhammed International Airport Ikeja, Hartsfield Jackson Airport, Atlanta and Dallas Fort Worth Airport amongst others.
She has hands-on consulting, business advisory and financing expertise having worked with several ground handling companies, Civil Aviation Authority in Nigeria, Gambia and Sierra Leone.
She has attended several ICAO, IATA Ground Handling Council (IGHC) and ACI courses and seminars.
Before her appointment she had hands on consulting, business advisory and financing expertise, having worked with several ground handling companies, civil aviation authority in Nigeria, Gambia and Sierra Leone.
She served as an executive director with Springfountain Infrastructure Limited and the managing director of the African Aircraft Leasing Company (AALC).
Fagbemi is believed to be one of the few African women to have achieved the highly rigorous standards for expertise in the field of airport management including aviation ground handling and facilitation.
She is married with three children.
