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Lagos
October 24, 2026
The Industry
Appointment

Bolatito Ajibode appointed new deputy MD, Lekki Free Zone

The Lekki Free Zone Development Company has announced the appointment of Bolatito Ajibode as its new Deputy Managing Director in an effort to focus on strengthening and expanding its core business. Following a comprehensive assessment of her training and track record as a banker with over 30 years corporate banking experience across three banks and functions, the Board unanimously agreed she is the best person for the job.

Mrs Ajibode comes highly recommended as a strategic thinker and business development expert who will build on Governor Babajide Sanwo-Olu’s foundation of facilitating growth and creating employment in Lagos State.

She joins the Lekki Free Zone Development Company from Stanbic IBTC Bank Plc, where she was a General Manager, Head of Client Coverage (Corporate & Investment Banking), responsible for supporting large conglomerates and industrial companies across six major sectors of the Nigerian economy.

She holds a first degree in Economics (ed) from the Lagos State University and an MBA from the Obafemi Awolowo University, Ile-Ife. She has extensive leadership and business strategy training from notable global universities including Columbia Business School, Kellogg North Western University and Harvard Business School.

Tomiwa Idowu, Head of Corporate Strategy for the Lekki Free Zone Development Company, commented: “We are delighted to have Mrs Bolatito Ajibode join the team, she brings to bear her experience and knowledge as a proven Strategy expert with extensive experience in the Nigerian banking sector. I believe she will take decisive measures to further strengthen the benefits of the Zone to new and existing investors.


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