Resource Intermediaries announces Awonaike as CEO as Oyawoye retires at 60

Resource Intermediaries Limited (RIL) has announced a major leadership transition, as Olusoji Oyawoye, the company’s Managing Director/CEO, prepares to retire effective December 6, 2024.

Oyawoye, who is stepping down at the age of 60 in line with company policy, leaves behind a legacy of exceptional leadership and growth.

Reflecting on his retirement, Oyawoye expressed mixed emotions, sharing on social media: “It was time for me to turn the page at 60, retiring by policy but not tired.”

During his tenure, Oyawoye spearheaded the company’s transformation into a multinational enterprise.

Under his leadership, RIL expanded its operations to six locations and established fully-owned subsidiary businesses.

Known for his dedication to fostering internal talent, Oyawoye nurtured a culture of empowerment and excellence within the organisation, which led to increased loyalty and the development of a customer-centric workforce.

The Board of Directors has named Ademolasoye Awonaike as Oyawoye’s successor. Awonaike, previously the Executive Director of Business Development, brings extensive expertise in finance and management to his new role.

A graduate of Economics with a specialisation in Finance and Credit from Kharkov State University, Ukraine, he also holds an MBA in International Business Relations from Lagos State University.

Awonaike is an Associate of the Nigerian Institute of Management, a Member of the London Chartered Institute of Bankers, and an affiliate of the University of Singapore. In addition to his new role, he serves on the Board of Resource Intermediaries (Ghana) Limited.