Adeoye Fadeyibi

Adeoye Fadeyibi

Non Executive Director

Adeoye Fadeyibi has two decades of professional experience in the Power industry. He started his career at General Electric (GE) where he held different positions from 2000 to 2013. He served as a Gas Turbines Technical Advisor and rose to the position of a Sales Director for GE Energy covering the Middle East and African Regions.

He obtained his bachelor's degree in Mechanical Engineering in the year 2000 at the State University of New York, SUNY Buffalo, New York and the General Electric Power Systems University in Schenectady, New York where he completed his training in turbine power systems and applied knowledge obtained towards developing the African Turbines/Generator Field resources.

As his career advanced, Fadeyibi continued to serve in increasingly strategic roles. These included his membership in Nigeria's team of leaders tasked with developing Nigeria's partnership structure to address "overall power delivery solutions" deploying his formidable project management expertise to ensure power delivery deadlines were met between 2008 - 2010.

In 2013, he was appointed Managing Director/ Chief Executive Officer of Transcorp Power Limited (TPL), Ughelli, Delta State, a 1,000MW generation Company and one of the six-generation assets of the erstwhile Power Holding Company of Nigeria (PHCN). Under his direction and a testament to his assiduous work ethics, TPL grew from 160MW of available capacity at handover (1st November 2013) to 634MW (by December 2015).

After making his mark in the Generation section, Engr. Adeoye moved downstream along the Electricity Power Sector's value chain into the Electricity Distribution sub-sector where he assumed office as the MD/CEO of Eko Electricity Distribution Company (EKEDC) on 1st January 2018, a position he still retains till this date.


Gain insights into LOTUS Bank corporate strategy and business model.
Download Investor Presentation Deck here or e-mail