Mahmud B. Tukur
Non Executive Director
Mr Mahmud B. Tukur is an Award-Winning Global Business Leader, and Independent Non-Executive Director (INED) with 30 years of experience across the energy, maritime, infrastructure and technology sectors. Mr Tukur Founded Ashgrove Group, leveraging his expertise to drive strategic growth and transformation within diverse industrial and economic sectors.
He became the Youngest CEO of a Publicly Listed Company in Nigeria at 37 when he was appointed to lead Eterna Plc, an indigenous downstream oil company listed on the Nigerian Stock Exchange (NSE). He spearheaded a remarkable transformation of the company's fortunes, earning him recognition as one of the top 25 CEOs of publicly listed companies in Nigeria and being named Downstream CEO of the Year.
He began his career in upstream oil services with Sirpi-Alusteel Construction and Inter-Oil Services, working on major projects in the Niger Delta, before switching to the maritime industry as MD/CEO of Daddo Maritime Services Limited. As Co-Founder and pioneer MD of IGPES Ltd, he positioned the company as a dynamic local content partner, introducing leased gas compression solutions in Nigeria with Hanover Compressor Plc (now Exterran Corporation), and offering innovative engineering design services with IMPaC Offshore Engineering GmbH.
His current leadership roles include Chairing the Boards of ECM Terminals Ltd (Concessionaire of Calabar Free Port) and Shefa Engineering Ltd. He is a Non-Executive Director of Providus Bank Ltd., Abumet Nigeria Ltd. (a subsidiary of Julius Berger Nigeria Plc.) and Fuelmetrics Ltd.
He previously served as an INED on the Boards of Bourbon Offshore Plc (Euronext, Paris) from 2012- 2020, Polysmart Group from 2019 – 2024, and Second Vice-Chairman of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) from 2019 to 2024.
Mr Tukur is a transformative leader with global experience in corporate governance, risk management, strategy, and performance management. He is a valuable Board Member who collaborates with C-Suite executives to drive organizational change.
Fluent in several languages, including French, he is known for building mutually beneficial relationships and is passionate about mentoring young professionals.
Mr Tukur holds a Joint Honours degree in Accounting & Management from the Business School of the University of Wales College, Cardiff. He is a member of the Chartered Institute of Directors (IoD), a Fellow of the Chartered Institute of Shipping (Nigeria), and a member of several chambers of commerce in Nigeria. He is a recipient of a National Honour, Officer of the Order of the Mono (OOM), from the Republic of Togo.
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