Leadership – Prudent Effsow Commodities Ltd

AbdulWasiu Sowami – Chairman

Mr. Sowami is the Founder & Chief Executive Officer of Prudent Energy & Services Limited, an indigenous energy company. He sits on the boards of several companies, including FES Energy Limited (UAE), Ignite Investment & Commodities Limited, and Ardova Plc.

Moshood Olajide – Board Member

Mr. Moshood has experienced rapid growth as a Chartered Accountant and Tax Professional.

Starting out as an associate at Aluko & Oyebode, where he provided general legal advisory to clients, conducted negotiation of commercial agreements, litigation and arbitration on behalf of the firm, he later moved to PricewaterhouseCoopers (PwC), a multi-disciplinary firm.

At PricewaterhouseCoopers (PwC), his responsibilities spanned financial reporting and regulatory services, statutory audits, capital projects, infrastructure deals energy, utility and mining deals advisory and structuring, general tax advisory compliance services; client training services and company secretarial services spanning multiple sectors of the economy.

He is currently the Managing Director at Ardova Plc (formerly Forte Oil Plc).

Moshood holds an LL.B from Obafemi Awolowo University and an LL.M Degree from Columbia Law School. He is a member of the Association of Chartered Certified Accountants (ACCA), the Nigerian Bar Association (NBA), the New York County Lawyers’ Association (NYCLA) and the Chartered Institute of Taxation of Nigeria (CITN).

Folakemi Oshinyemi – Managing Director

Folakemi has an MBA focused on Marketing Management from Ogun State University. She is a fellow of Chartered Institute of Personnel Management, National Institute of Marketing of Nigeria, Nigeria Institute of Management and Nigeria Institute of Training & Development.

AbdulLateef Abioye – Executive Director

Lateef graduated from University of Ilorin with a Second-Class Upper division in Microbiology in 2005. He also attended the Oxford Brookes University, United Kingdom, where he bagged a Second-Class Upper division in Applied Accounting.

He started a career in banking in July 2007 at IBTC Chartered Bank Plc (now Stanbic IBTC Plc) working across domestic operations, international trade, structured trade, and commodity finance.

He is a Certified Documentary Credit Specialist (CDCS) and holds the Certificate in International Trade and Finance from the IFS School of Finance, United Kingdom.

He joined Prudent Energy & Services Ltd in February 2014, as Manager in charge of Trade Operations overseeing petroleum products import shipping, logistics and general marine operations.

Lateef holds Certificate in Ship Chartering from Lloyds Maritime, United Kingdom and has attended trainings in International trade, shipping and downstream petroleum product trading in Nigeria, South Africa, and Ghana.

Adeola Olajide Shokunbi – Ag. General Manager

Adeola is a multi-skilled professional with experience in Banking and International Trade with strong business acumen. She holds an Executive Diploma in Export Business Management and Trade Finance from American Institute of Extended Studies, USA, and a BSc. in Botany and Microbiology from University of Lagos.

With her knowledge, skills and experience; Adeola has been involved in the organizational structuring, certification with government agencies, relationship management with international clients and local vendors, sourcing of raw materials and processing of trade documents.

Currently, Adeola is the Business Development Manager at Prudent Effsow Commodities Limited where she coordinates operational procedures and systems and devise ways to streamline processes. She oversees raw material sourcing, logistics, export licensing and documentation while keeping in check cost effectiveness.

Olakunle Shofunlayo – Supply Chain

Olakunle is a result driven, proactive, and commercially astute professional with wide range of experience that spans across local and multinational organizations. He is a dynamic agricultural produce practitioner with above 15 years’ experience in produce inspection. 

He holds MSc in Agricultural Policy and Administration (MAPA) from the prestigious University of Ibadan and HND in Crop Production Technology from the Federal College of Ibadan. He is an expert in Total Quality Management, Quality and Quantity Management Practices, ISO 9000 and Quality System Documentation. Olakunle has versed knowledge in Warehouse Management, Inventory Control, Quality Improvement and Quality Assurance.

He has worked for top brands in Nigeria including Inspection and Calibration Services Nigeria Limited, SGS Inspection Services Nigeria Limited, ASD Nigeria Limited among others. With his wealth of experience, Olakunle has been involved in the transformation of various companies’ goals to reality.

Currently, he heads the Inventory unit at Prudent Effsow and Commodities Limited where he manages the Warehouse, Inventory and Quality processes of the business. 

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