Nigeria: Tolaram names Adesuwa Ladoja as MD/CEO of Lagos Free Zone

The Board of Directors for Tolaram, one of Nigeria’s top conglomerates, has appointed Adesuwa Ladoja as the new Managing Director and CEO of its subsidiary, the Lagos Free Zone (LFZ) Company.

The Board of Directors announced to stakeholders that Adesuwa Ladoja’s appointment as Managing Director and CEO of the Lagos Free Zone (LFZ) Company takes effect on July 1, 2024.

Adesuwa Ladoja succeeds Dinesh Rathi, who will now serve as the Group Finance Director of Tolaram.

For further insights: Investment opportunities in the Lagos Free Zone: Emerging Sectors.

The announcement highlights Ladoja’s vast experience in infrastructure development and strategic leadership, making her a valuable addition to the LFZ team.

“She has been a key player in the development of the Lekki Deep Sea Port project, leading to its financial close in 2020, the completion of its construction in 2022 and commercial operation in 2023. Her leadership and strategic vision have been critical to the project’s success.”

Adesuwa Ladoja, a seasoned lawyer, began her career in general commercial practice and litigation as an Associate at Ajumogobia & Okeke.

She then spent over a decade at KPMG Professional Services, specializing in Tax, Regulatory, and People Services.

Ladoja holds a Bachelor of Law (LL.B Hons) degree from Obafemi Awolowo University and a Master of Law (LL.M Hons) degree in International Business Law from King’s College, University of London.

Ladoja said: “I am honored to be given this opportunity, and I look forward to continuing the good work done by Dinesh and the team at LFZ in creating a unique industrial ecosystem which places sustainability and customer-centricity at its core.

“Lagos Free Zone with its integrated Lekki Port is the perfect illustration of what ease of doing business represents and we look forward to hosting more companies.”

Established in 2012, Lagos Free Zone is an award-winning port-based industrial zone (850 hectares) in Lagos, Nigeria, with over $2.5 billion committed FDI projects to date.

Owned and promoted by Tolaram, LFZ is located in Lekki, the sunrise development corridor in Lagos. With its vision to be the preferred industrial hub in West Africa.