Corporate Governance

Fidelis Ayebae

MD/CEO

Fidelis Ayebae graduated from the Mainland Institute of Technology in 1976 with a Diploma in Civil Engineering. He obtained Advanced Diploma in Business Administration from the University of Lagos in 1999. He is an Associate of the Chartered Institute of Administration and also a member of the Nigeria Institute of Management.

After working in various capacities in a number of organizations, including Citibank Limited, he started as the Founder and Pioneer Chief Executive Officer at Fidson Healthcare Limited in 1995 . He is also the Chairman and Director of many other companies.

He has attended many courses, both locally and internationally including banking operation, organisation development skills, selling skills e.t.c.

Fidelis Ayebae

MD/CEO

Biola Adebayo

Deputy Managing Director

Mr Adebayo graduated from the School of Pharmacy, University of Lagos in 1988. He also has a Diploma in Advanced Computer Techniques and Applications (1998) from the University of Ibadan (Consultancy Unit). He worked with the Federal Ministry of Health in Lagos as an intern pharmacist. He began his career with Glaxo Nigeria Plc in April 1991 as a medical representative. He later on joined the pharmaceutical division of CAP PLC in July 1994 where he developed his skills and competencies in the sales and marketing of healthcare products and FMCGs.

He continued his career with Fidson Healthcare Plc in 1996 and held various positions in the sales and marketing division and rose through the ranks to become the Sales and Marketing Manager in April 2001. In 2004, he became the Sales and Marketing Director, the position he occupied till July 2009. He is currently the Operations Director in the company.

He is a member of the Institute of Directors (IOD). He also completed a top executive leadership programme jointly organized by Nigeria Institute of Management (NIM) and Manchester Business School in Manchester, England, United Kingdom in 2007.

He is an alumnus of the Administrative Staff College of India, Bella-Vista Hyderabad, India; Lagos Business School (CEP19), PAN-AFRICAN University, Lagos and IESE Business School, University of Navarra, Barcelona, Spain.

His professional proficiencies, shrewdness, vast insights and result-driven attributes have made him highly sought-after within the pharmaceutical industry where he has held various positions, including the West African Pharmaceutical Manufacturers’ Association (WAPMA), where he served as the Financial Secretary from 2012 to 2016. He currently serves as the Treasurer of Pharmaceutical Manufacturers Group of Manufacturers Association of Nigeria (PMGMAN) and Chemical & Pharmaceutical Sectoral Group of Manufacturers Association of Nigeria (MAN). He is serving on various committees of PMGMAN. He is a community leader.

Biola Adebayo

Deputy Managing Director

Olugbenga Olayeye

Strategy & Marketing Director

A Pharmacist educated at Nigeria’s premier University- the University of Ibadan and the Stanford Graduate School of Business. He has pursued a career in the pharmaceutical industry since graduation with Fidson Healthcare Plc. He has worked across diverse functions (Sales and Marketing, Business development, Manufacturing, Research and Development and Operations) in the company since inception and has been pivotal in determining her policy direction, strategy execution and has managed organizational change and transformation over the period.

In his present role, he leads a team of over 200 salesmen and has the responsibility to formulate and implement the company’s sales and marketing strategies. An exciting person to have on a team, he is committed to team building and development of leadership skills and ability which he believes is the critical requirement for organizational growth and corporate success. As a community leader, he managed change in his neighborhood association with attendant positive results and commendation. He also plays leadership role in his local church and his committed to the propagation of his Christian faith.

Olugbenga Olayeye

Strategy & Marketing Director

Ola Eboh Ijimakin

Commercial Director

Ola Ijimakin holds a Bachelor of Pharmacy (B.Pharm) degree from the University of Jos (1994) where he won the prize for the best graduating student in his department. He later obtained a Master of Business Administration (MBA) degree from the Business School Netherlands, Buren (2014) where he finished with a distinction.

Ola, as he is fondly called, joined Fidson Healthcare in July 2002 as the Regional Manager, North-East and rose through the ranks to become the General Manager, Sales and Marketing from May 2016, until his elevation to the board.

Over the years, as GM Sales & Marketing, his drive for results reflected in more than a 100% revenue sales growth from N7.6bn to over N17bn.

He is vastly experienced having served in prominent corporations across the country, namely: Ecomed Pharma Limited, Synergy Healthcare Group and GlaxoSmithKline (West Africa) Limited to mention a few.

He is a fellow of the Pharmaceutical Society of Nigeria (PSN).

Ola Eboh Ijimakin

Commercial Director

Imokha Ayebae

Financial Director

Imokha is a commercially astute finance professional with over 15 years’ experience in finance & accounting, corporate finance, and management consulting. His areas of specialization include financial strategy and control, tax, and treasury management, as well as accounting and reporting.

He joined Fidson Healthcare Plc. in 2013 as the Corporate Finance and Treasury Manager and served on the Company’s Management team as Head, Finance and Accounts for over 4 years prior to his appointment to the Board. His experience has been valuable in Fidson raising circa N25 billion for expansion projects, debt restructuring and working capital funding, which resulted in revenue increase of 25% CAGR and 130% growth in Shareholders’ funds over the last 4 years.

Prior to joining Fidson, Imokha worked at FBN Capital Ltd (now FBN Quest) where he managed several cross-border mergers & acquisitions as a key member of the Financial Advisory team within the firm’s Investment Banking Division. He started his working career in management consultancy with Mouchel Consulting (now WSP Global) in the United Kingdom.

Imokha holds an M.Sc. in Engineering Business Management from the University of Warwick and B.Eng. in Electronic Systems Engineering from the University of Manchester. He is also an alumnus of The Emerging CFO Program of the Stanford University Graduate School of Business.

Imokha is a Chartered Accountant and a member of the Association of Chartered Certified Accountants. He is also a member of the Chartered Institute of Taxation of Nigeria and the Institute of Directors Nigeria.

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