Who’s Who in Corporate Nigeria: Felix Nwabuko, The (Palm) Oil Executive

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WHO’S WHO IN CORPORATE NIGERIA

FELIX ONWUCHEKWA NWABUKO, FCA

CURRENT POSITION

 MD/CEO, Presco Plc

PAST POSITIONS

 Managing Director, Siat Nigeria Limited;

Acting Managing Director, Ghana Oil Palm Development Company Limited (GOPDC);

CFO, GOPDC;

Director Finance & Corporate Affairs, Presco Plc;

Finance Controller, Okomu Oil Palm Plc;

Consultant, KPMG.

EXPERTISE

Strategy | Management | Corporate Governance

EDUCATION

B.Sc. Accounting, University of Benin

MBA, Manchester Business School

Fellow, Institute of Chartered Accountants of Nigeria

Member, Institute of Directors, UK.

JarusHub One-Line Description

A major player in the palm oil and derivatives industry in Nigeria nay Sub-Saharan Africa.

JarusHub’s Remarks

One age-long debate in management is which Finance or Business (Operations, Strategy etc) is the easier route to becoming CEO.  For example, where there are 4 Executive Directors (say Finance, Marketing, Operations and Strategy) to replace the CEO, which of them is usually chosen? Finance is generally regarded as a support function. It is therefore not all the time that the CFO becomes the CEO. Felix is one of few Finance guys that got to become CEO in top companies.

And okay, he is yet another KPMG alumnus.

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