Olufemi Bakare is the CEO of Fenchurch Group, a leading infrastructure-focused conglomerate with interests in Power and Energy across Nigeria and West Africa.
A Business Executive with over 20 years of diverse expertise in Business Management, and implementing operational strategies and has been responsible for the growth of Fenchurch Group of Companies. He has extensive experience and is responsible for acquisition strategies, project structuring/development
and implementation of effective corporate governance across all Fenchurch subsidiary companies.
He has, over the last 13 years, led the growth and development of Fenchurch from a single logistics company to a strong presence in the Energy and Power sectors, especially in the development and ownership of Independent Power Plants (IPPs) and mini electrical power distribution grid systems across the country to bridge the power gap and contribute to the development narrative of the country.
Prior to founding Fenchurch, he worked at Petroconsultants- MIA (IHS Energy) UK and Zenon Oil and Gas Nigeria. He sits on the boards of Zeric Energy Resources Limited, Terra Green Limited, and the Sickle Cell Aid Foundation of Nigeria; he is the Chairman of Bremen O&M Nigeria Limited, the Vice Chairman of the Lagos Chamber of Commerce and Industry (LCCI) Power Sector Group, and a member of the Institute of Directors (IOD).
Olufemi Bakare has been awarded the Special Recognition Award by the Rotary Club in recognition of Entrepreneurial Competence and Service to Humanity in 2020. He was awarded the esteemed Paul Harris Fellow Award by the Rotary Foundation of Rotary International in 2024. Likewise, Fenchurch Group, over which he presides as CEO, was awarded a special recognition for Professional Excellence in The Power Sector by The International Facilities Management Association (IFMA) Nigeria Chapter in 2022, He was recognized as one of the leading CEOs of 2022 in Nigeria by The Guardian Newspaper.
He holds an LLB (Hons) Law from LSBU (UK) and a BVC from Inns of Court School of Law (ICSL). He has been a panelist at various events, notably Lagos Start Up Week – The Future of Energy 2022, Lagos, and The Domestic Gas Summit: Gas to Power Value Chain, Abuja Chamber of Commerce, 2023, to name a few. He has authored various articles on Power and Infrastructure, including Efficient Power: Addressing a Critical Element in Nigeria’s Agro-Industrial Revolution, 15th May 2020; Power and Internet of Things: Energy Efficiency as Catalyst for Technological Innovation and Economic Growth in Nigeria 2023.
Chief Executive Officer
Engr Odun Bamodu
Technical Director
Odunayo has a wealth of experience in building services engineering, independent power plant generation, distribution systems and an extensive track record in Project execution, project management and operation and maintenance.
She participated in many projects from conception, design, delivery and operations.
She is also the Managing Partner of Lobcom Associates.
Technical Director
Mrs Kemi Ojo
Head Finance & Accounts
Phillipha Oluwakemi Ojo started her career in banking over a decade ago, haven worked with 2 top-tier Nigerian banks (Guaranty Trust bank and Stanbic IBTC bank) respectively. Her experience cuts across commercial and retail banking operations, treasury operations, international trade and settlements, and credit and market risk management, until joining the Fenchurch Group as Head, of Corporate Services.
She is a well-rounded Management expert with an in-depth knowledge of business and operational management,
data analytics, and business strategy mapping from development to implementation. A people’s manager haven being wealth manager to diverse captains of industry and Top league executives in the Nigeria commerce sector.
Kemi is responsible for the day-to-day operations of Fenchurch Group ensuring that the business runs smoothly.
She holds an MBA (Hons) from the prestigious Lagos Business school and is a lifetime alumnus of the institution, an associate member of the Chartered Institute of Management, and holds a Bachelor’s of Science in Business Administration -Babcock University, Ilshan- Remo, Ogun State.
She hails from a prominent Lagos Family, is a passionate believer, and Lover of the gospel and kingdom financier.
Head Finance & Accounts
Engr Martins fawowe
Technical Sales Engineer
Martins is a young and dynamic engineer with over 6 years of experience in the execution and management of various projects.
He has been responsible for the development of several turnkey infrastructural projects. He has led teams and managed several projects with a focus on design, fabrication, installation, testing and commissioning.
The projects have ranged from Renewable Energy Installations, Piping and Instrumentation, and Energy Audits to the Development of Production
Plants, Personnel Training, and Medium to Heavy Equipment Installations in the construction, health, and production industries.
He holds a degree in Mechanical Engineering (B.Eng.) from the University of Ibadan and has attended several courses in Project Management and Energy Engineering.
Technical Sales Engineer
Engr Bunmi Olaiya
Project Engineer
Olubunmi Olaiya is an electrical engineer with over 5 years in power industry and the energy sector. Experience spans project design and scheduling, project implementation and supervision, power plant design and construction, technical assessment, planning and execution. Experienced and skilled in efficient project coordination and proficient in diverse work group supervision and management.
Bunmi is responsible for but not limited to schedule preparation, pre-planning,
and resource forecasting for engineering and other technical activities relating to all our projects.
Bunmi is an alumnus of Ekiti State University where he studied Electrical and Electronic Engineering. He has participated in various industry short courses in protection, power infrastructure and facilities engineering, leadership and management.
Project Engineer
Asaba 8.5MW Independent Power Plant (IPP)
Location: Asaba, Delta State, Nigeria
Type: Compressed Natural Gas (CNG) fired power generation facility
Capacity: 8.5 MW
Objective
The primary objective of the Asaba IPP is to provide uninterrupted electrical power supply to all Delta State Government infrastructure and facilities within the State capital of Asaba.
Key Features
Benefits
Technical Specifications
Project Stakeholders
Fenchurch Energy are equity holders in BPSL (Developer and Operator of Asaba IPP).
Owa Alero 5MW Independent Power Plant (IPP)
Location: Owa Alero, Delta State, Nigeria
Type: Compressed Natural Gas (CNG) fired power generation facility
Capacity: 5 MW
Objective
The primary objective of the Owa Alero IPP is to provide uninterrupted electrical power supply to all Delta State Government hospitals and facilities within the Owa Alero area.
Key Features
• Fuel source: Compressed Natural Gas (CNG)
• Generation capacity: 5 MW
• Plant type: Independent Power Plant (IPP)
• Expected commissioning date: 2025
Benefits
• Reliable and uninterrupted power supply to critical healthcare facilities
• Improved healthcare services and patient care
• Reduced dependence on national grid
• Enhanced economic development and growth in Owa Alero area
• Improved quality of life for residents and businesses
Technical Specifications
• Generator type: Gas-fired generators
• Fuel handling system: Compressed Natural Gas (CNG) storage and handling facility
• Power transmission: 33/11 kV substation
• Control and monitoring system: Advanced SCADA system
Project Timeline
• Expected commissioning: 2025
Project Stakeholders
• Developer: Fenchurch Power are equity holders in Owa Alero IPP Limited
• Owner: Owa Alero IPP Limited
• Operator: Bremen O&M Limited
Environmental Benefits
• Reduced greenhouse gas emissions
• Lower noise pollution
• Minimal environmental footprint
Economic Benefits
• Job creation during construction and operation
• Increased economic activity in Owa Alero area
• Improved business environment
Social Benefits
• Improved healthcare services for residents
• Enhanced quality of life for communities
• Increased accessibility to reliable power supply
Asaba Distribution Limited (ADL)
Location: Asaba, Delta State, Nigeria
Type: Private electricity distribution company
Infrastructure
• 25KM Underground Power Distribution Network system
• Connected to Asaba 8.5MW Independent Power Plant (IPP)
• Serves various load centers and customers within Asaba metropolitan area
Key Features
• Underground cable network for reliable power distribution
• Equipped with Ring Main Units (RMUs) and Transformers
• Provides uninterrupted electrical power supply to load centers
• Commenced operations in 2020
Services
• Electricity distribution to residential, commercial, and industrial customers
• Power supply to critical infrastructure
• Network maintenance and repair
Benefits
• Reliable and uninterrupted power supply
• Reduced power losses and improved efficiency
• Enhanced economic development and growth in Asaba area
• Improved quality of life for residents and businesses
Technical Specifications
• Distribution voltage: 33/11 kV
• Cable type: Underground XLPE cables
• RMU and Transformers
Achievements
• Successfully commissioned 25KM underground distribution network
• Providing uninterrupted power supply to thousands of customers
• Improved power reliability and reduced outages
Olokiti Distribution Limited
Location: Ado-Ekiti, Ekiti State, Nigeria
Type: Private electricity distribution company
Infrastructure
• 11KM Underground Power Distribution Network system
• Connected to Ekiti 3.6MW Independent Power Plant (IPP)
• Serves various load centers and customers within Ado-Ekiti metropolitan area
Key Features
• Underground cable network for reliable power distribution
• Equipped with Ring Main Units (RMUs) and Transformers
• Provides uninterrupted electrical power supply to load centers
• Commenced operations in 2023.
Services
• Electricity distribution to residential, commercial, and industrial customers
• Power supply to critical infrastructure
• Network maintenance and repair
Benefits
• Reliable and uninterrupted power supply
• Reduced power losses and improved efficiency
• Enhanced economic development and growth in Ado Ekiti area
• Improved quality of life for residents and businesses
Technical Specifications
• Distribution voltage: 33/11 kV
• Cable type: Underground XLPE cables
• RMU and Transformers
Achievements
• Successfully commissioned 11KM underground distribution network
• Providing uninterrupted power supply to thousands of customers
• Improved power reliability and reduced outages
Visit Ekiti IPP: www.ekitiipp.com
Ekiti 3.6MW Independent Power Plant (IPP)
Location: Ado-Ekiti, Ekiti State, Nigeria
Type: Compressed Natural Gas (CNG) fired power generation facility
Capacity: 3.6 MW
Objective
The primary objective of the Ekiti IPP is to provide uninterrupted electrical power supply to all Ekiti State Government infrastructure and facilities within the State capital of Ado-Ekiti.
Key Features
• Fuel source: Compressed Natural Gas (CNG)
• Generation capacity: 3.6 MW
• Plant type: Independent Power Plant (IPP)
• Commissioning date: 2023
Benefits
• Reliable and uninterrupted power supply to Ekiti State Government infrastructure and facilities
• Reduced dependence on national grid
• Enhanced economic development and growth in Ado-Ekiti and surrounding areas
• Improved quality of life for residents and businesses
Technical Specifications
• Generator type: Gas-fired generators
• Fuel handling system: Compressed Natural Gas (CNG) storage and handling facility
• Power transmission: 33/11 kV substation
• Control and monitoring system: Advanced SCADA system
Project Timeline
• Commissioning: 2023
Project Stakeholders
• Developer: Fenchurch Power are equity holders in Ekiti IPP Limited.
• Owner: Ekiti IPP Limited
• Operator: Bremen O&M Limited
Environmental Benefits
• Reduced greenhouse gas emissions
• Lower noise pollution
• Minimal environmental footprint
Economic Benefits
• Job creation during construction and operation
• Increased economic activity in Ado-Ekiti
• Improved business environment