Executive Team

Our Board

  • Mr. Ladi Jadesimi – Chairman
    A former partner of Arthur Anderson in Nigeria, Mr Jadesimi is a graduate of Oxford University (Jurisprudence, 1966) and is a Fellow of the Institute of Chartered Accountants, England and Wales. A Chartered Accountant, with over 15 years of active practice, he took early retirement from practice to engage in private practice, primarily in banking, oil and gas and real estate.
  • Mr. ‘Gbite Falade – Managing Director/CEO

    Mr. ‘Gbite Falade is a First Class (B.S.c) graduate (1995) of Electrical & Electronics Engineering from the University of Ibadan, he also holds an MBA from Warwick Business School, Coventry, in the United Kingdom. Mr. Falade has in the past 14 years served in various Senior Executive positions in the Oil & Gas, Power and Services sectors, with responsibilities for Engineering, Operations, Project Execution, Commercial, Client & Stakeholder Management, Strategy and Enterprise Development.

    He was previously the Managing Director and Group Chief Operating Officer at Oilserv Group of Companies based in Port Harcourt. Prior to that, he had served variously as General Manager, Portfolio Development and Chief Operating Officer (COO) at Oando Energy Resources as well as Executive Director, Oando Gas & Power. He was also the Petroleum Economics Discipline & Portfolio Lead for Shell EP, Africa.

  • Mr. Adegbola Adesina – CFO
    Mr. Adesina is a first-class honours Bachelor’s Degree holder from the University of Lagos (2002) and also holds an Executive MBA (2019) from the INSEAD Business School. He is an Associate of the Institute of Chartered Accountants of Nigeria (ICAN) as well as a Chartered Financial Analyst. Mr. Adesina has over 18 years of professional experience spanning Investment Banking, Financial Transaction Advisory, Audit, Project, and Management Accounting over a diverse range of businesses including private equity, energy and infrastructure, oilfield services, banking, and manufacturing. Prior to joining NDEP, Mr Adesina was the Chief Finance Officer at Greenville Oil & Gas from 2015 to 2017, where he helped set up the Finance function and led their Commercial and Financing initiatives. He was until his current appointment, the Head of Corporate Finance and Development at Newcross Exploration and Production Limited.
  • Mr. Osten A.O. Olorunsola – Director
    Mr. Osten graduated with an Honours degree in Geology from the University of Ilorin, Nigeria and is a skilled Petroleum Engineer. After working at Agip-ENI, Mr Osten then joined SPDC Limited as Production Geologist, and subsequently served in several positions, including Lead Geologist, Petroleum & Development Engineering Manager for SNEPCO, Business Interface Manager (BIM), before retiring as Vice President (Gas). Mr Osten then served the nation as Director, DPR, drawing from his experience as adviser to two Ministers of Petroleum Resources. Mr. Osten is currently Chairman and Chief Executive of both Capital One Energy Ltd and Energetikos Ltd.
  • thierry
    Mr. Thierry Georger – Director
    Mr Georger joined the Petrolin Group (Switzerland) in 1995 and is responsible for all crude oil trading activities, including the sale of crude oil cargoes (approx. 60,000 barrels per day) from West Africa and the Far East. Mr Georger has a Master Degree in Commercial and Industrial Sciences from the University of Geneva, Switzerland.
  • Mr. Osayande Ede –  Director
    Mr. Ede is a Capital Market Specialist with over 30 years of experience in Banking and Finance. He has served in key areas of finance, including governance, financial analysis, risk management, banking operations and regulatory Compliance. He is also the former Bank Treasurer and Chief Accountant at Pricewaterhouse Coopers Nigeria. An Economics graduate of University of Benin and a holder of MBA from the University of Lagos. He is currently a Director of LAPO Microfinance Bank Limited and GSCL Consulting, formerly known as Global Strategic Research Outcome Limited.
  • Mr. Afolabi Oladele– Director
    Mr Oladele joined the NDEP Plc Board as Director in 2016 and is an Executive Partner at African Capital Alliance (ACA). Prior to joining ACA in 1999, Mr Oladele attained 24 years of meritorious service in the oil and gas industry. Most of his career was spent with the industry regulator, the Nigerian National Petroleum Corporation (NNPC) where he served in various capacities culminating in his appointment as Group Executive Director. He gained in-depth industry knowledge through various postings to OPEC, Mobil USA and Total France and is a current Board Member of Addax Petroleum Corporation. Mr Oladele is a Fellow of the Nigerian Society of Engineers and the Nigerian Academy of Engineers. He holds a Bachelors degree in Chemical Engineering and post-graduate certificates in petroleum economics and management.
  • Mr. Gbenga Adetoro –  Director
    Mr. Adetoro is an investment executive with over 20 years’ experience in evaluating businesses, structuring investments and raising capital with a focus on West Africa. He started his career in the Audit & Business Advisory unit at Arthur Andersen (now KPMG Professional Services). In 2008, he joined African Capital Alliance (ACA), where he is an Executive Partner in the ACA investment team and leads the firm’s energy investments. He currently serves on the Board of Directors of ACA’s portfolio companies. Prior to joining ACA, Mr. Adetoro was a Manager in the Global Energy & Natural Resources practice at Accenture, where he worked with International Oil Companies and power utilities to improve operational performance and realize value. He holds a BSc in Electronic/Electrical Engineering from the Obafemi Awolowo University, Nigeria.

Management Staff

  • Titi-Omisore
    Ms. Titi Omisore
    Company Secretary and Group Legal Adviser, is a lawyer with over 17 years of experience.
  • abamwa

    Chief Edirin Abamwa

    Chief Sub-Surface Petroleum Engineer and Development Adviser, has over 32 years of experience in the oil industry.