Adesuwa Ladoja has been named as the Managing Director/Chief Executive Officer of the Lagos Free Zone (LFZ) Company, one of Tolaram’s subsidiaries.

Tolaram is a prominent conglomerate in Nigeria. The appointment takes effect on July 1, 2024, according to a statement the Board of Directors sent to its interested parties. Dinesh Rathi, who was promoted to Group Finance Director of Tolaram, is replaced by Adesuwa Ladoja.

Ladoja provides substantial experience in strategic leadership and infrastructure development, according to the announcement. “She has played a pivotal role in the Lekki Deep Sea Port project’s development, resulting in its financial close in 2020, construction completion in 2022, and commercial operation in 2023.

Her leadership and strategic vision have been critical to the project’s success.”

Ladoja, a legal professional, commenced her professional journey in the field of general commercial practice and litigation as an Associate at Ajumogobia & Okeke. Subsequently, she spent more than ten years at KPMG Professional Services, focusing on Tax, Regulatory, and People Services.

She obtained a Bachelor of Law degree (LL. B Hons) from Obafemi Awolowo University and a Master of Law (LL.M Hons) degree in International Business Law from King’s College, University of London.

She is affiliated with the Nigerian Bar Association and multiple other professional organizations, as well as being a notary public of the Supreme Court of Nigeria.

The Board acknowledges that Ladoja's wide-ranging expertise will be instrumental in propelling the growth and innovation agenda of the Lagos Free Zone Company.

Ladoja said: “I am honored to be given this opportunity, and I look forward to continuing the good work done by Dinesh and the team at LFZ in creating a unique industrial ecosystem which places sustainability and customer-centricity at its core.

“Lagos Free Zone with its integrated Lekki Port is the perfect illustration of what ease of doing business represents and we look forward to hosting more companies.”

Founded in 2012, Lagos Free Zone is a distinguished port-based industrial zone (850 hectares) in Lagos, Nigeria, with over $2.5 billion committed FDI projects to date. Operated and promoted by Tolaram, LFZ is situated in Lekki, the emerging development corridor in Lagos. It aims to become the top industrial hub in West Africa.