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Friday 25 March 2022

Red Star Express confirms Auwalu Babura, New MD/CEO




The Board of Directors of Red Star Express Plc has announced the appointment of Mr. Auwalu Badamasi Babura (FCA), the incumbent Executive Director (Finance and Administration), as the new Managing Director/CEO of the company effective April 1, 2022.  

He replaces the current Group Managing Director/CEO, Dr. Sola Obabori, whose tenure ends on March 31, 2022. 

Also, the Board appointed Mr. Charles Ejekam (currently Divisional Managing Director, Red Star Logistics) as the new Executive Director, Sales & Marketing following the end of the tenure of its current executive management team, which included the incumbent Executive Director, Sales & Marketing, Mr. Victor Ukwat whose retirement also takes effect on March 31, 2022.

The new appointments are effective on April 1, 2022, and are in line with Red Star's meticulous succession planning process.

Auwalu Babura, the new MD/CEO, is an accomplished Chartered Accountant, an innovative and result-oriented financial expert with proven track records of managing organizational resources and delivering sustainable financial results, with unique competencies in Finance and strategic customer management. He joined the services of Red Star Express in 1994 and has served in various capacities, leading Finance, Internal Control and Processes Management, Credit and Administration teams.

Auwalu holds a first Degree in Accounting (B.Sc.) from Bayero University Kano, an MBA in Business Administration (MBA) from the Lagos State University, and a Mini MBA from London School of Business and Finance.

He is a member of the Institute of Directors (IOD) and a fellow of the Institute of Chartered Accountants of Nigeria. He is also an alumnus of Lagos Business School and The London School of Economics.

In addition, Charles Ejekam, a consummate professional with enviable skills in Sales and Business Development, Marketing and Corporate Communications, has been the Divisional Managing Director of Red Star Express Plc since 2016. He began his working career in Red Star Express as a Commercial Executive in 2000 and has handled responsibilities in Territorial Management, Key Accounts Management, Marketing, Brand & Public Relations, and Regional Management roles in Lagos and Abuja over the years.

He holds a Bachelor of Science Degree in Political Science from the University of Nigeria, Nsukka with Second Class Honours (Upper Division) and a Masters Degree in Public & International Affairs from the University of Lagos. Charles is a member of the Institute of Directors (IOD), National Institute of Marketing of Nigeria (NIMN) and a Lagos Business School (LBS) alumnus. 

The Board of Directors commended the outgoing executive management staff – Dr. Sola Obabori and Mr. Victor Ukwat, having contributed substantially to the company's growth in their various roles spanning over two decades of meritorious service and leadership. 

Red Star Express Plc is a Licensee of Federal Express (FedEx) Corporation, the world's largest delivery solutions provider. It has over 150 offices in Nigeria, with international offices in Niger Republic, Burkina Faso, and the Benin Republic. 

Its network spans over 1,500 communities in Nigeria and 220 countries worldwide. Its services include Express Delivery, Logistics, Freight, Outsourcing services, Supply Chain Management, E-Commerce Facilitation, Printing and Packaging, E-Archiving, and Agro Trade Logistics.

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