Ekiti State Governor Kayode Fayemi has approved the appointment of members of board of Fountain Holdings Ltd, an investment company owned by the state government.
This is to drive investment. The new board is headed by Mr. Jide Ogundare. Other members are: Prof. Abiodun Ayeni- Agbaje, Dr. Tunde Adeniran, Ms. Folakemi Fatogbe and Prince Bode Adetoyi. Statutory members of the board are the Commissioner for Finance and Commissioner for Investment, Trade and Industry, while the Managing Director/Chief Executive Officer, Mr. Seyi Aiyeleso, will also serve on the board.
Members of the board come with extensive experience in the private and public sectors and are expected to drive the investment portfolio of the company. The Chairman, Mr. Ogundare, is the CEO of MBO Capital. He is a trained economist and former Executive Director and Head, Retail Banking Division of Guaranty Trust Bank (GTBank), where he worked for 21 years, before retiring in 2011.