Olawale Olapegba

Olawale Olapegba Email and Phone Number

Non Executive Director @ AVA Energies
Abuja, Federal Capital Territory, NG
Olawale Olapegba's Location
Abuja, Federal Capital Territory, Nigeria, Nigeria
Olawale Olapegba's Contact Details

Olawale Olapegba work email

Olawale Olapegba personal email

About Olawale Olapegba

Transformational Energy Executive & System Thinking Leader with 16+ years of techno-commercial expertise in Nigeria's energy sector, driving business transformation and delivering customer-centric, regulatory-compliant, and revenue-driven results by leveraging:- Systemic problem-solving and strategic planning.- Business model innovation and process optimization.- Stakeholder engagement and team performance enhancement.- Regulatory compliance and policy analysis.- Customer experience improvement (B2B/B2C/B2G).- Loss reduction (ATC&C and payment delinquency).- DERs integration and operationalization.- Energy project development and management.Professional Experience:- Business Manager & DER Specialist, Abuja Electricity- Group Head, Special Projects & Revenue Optimization, Eko Electricity- Team Lead, FIRS Oil & Gas Tax Audit Unit- Corporate/Investment Banking, Access Bank PlcEducation & Certifications:- Bachelor's in Mechanical Engineering- MSc in Energy Technology & Management- MBA in Marketing Management- Pursuing PhD in Energy Studies- Fellow, CCIA Energy Fellows InstituteLecturing & Consulting - Energy security and risk management.- Renewable energy and sustainability.- Energy policy and regulation.- Utility management and operations.- Energy infrastructure protection.- Emergency preparedness and response.- Business continuity planning.- Energy efficiencyPassionate about promoting Utilities 2.0 (decarbonization, decentralization, and digitization) in Africa's energy landscape through strategic partnerships, operational/managerial enhancements, and capacity building for energy access, reliability, and sustainability.

Olawale Olapegba's Current Company Details
AVA Energies

Ava Energies

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Non Executive Director
Abuja, Federal Capital Territory, NG
Olawale Olapegba Work Experience Details
  • Ava Energies
    Non Executive Director
    Ava Energies
    Abuja, Federal Capital Territory, Ng
  • Abuja Electricity Distribution Company Plc
    Business Manager
    Abuja Electricity Distribution Company Plc Aug 2022 - Present
    Abuja, Federal Capital Territory, Nigeria
     Providing strategic leadership to four (4) Service Centers, and delivering an average quantum of 12GWh monthly to 36,000+ residential, commercial and industrial clients in urban, peri-urban and rural communities in the Federal Capital. Developing and implementing strategies to account for energy delivered and optimize technical infrastructure, with particular focus on billing and collection efficiencies and revenue protection activities to reduce ATC&C losses. Coordinating safe… Show more  Providing strategic leadership to four (4) Service Centers, and delivering an average quantum of 12GWh monthly to 36,000+ residential, commercial and industrial clients in urban, peri-urban and rural communities in the Federal Capital. Developing and implementing strategies to account for energy delivered and optimize technical infrastructure, with particular focus on billing and collection efficiencies and revenue protection activities to reduce ATC&C losses. Coordinating safe distribution operations and energy management activities including compliance monitoring and evaluation, optimal utilization of allocated power supply and operational safety. Managing monthly revenue cycle, namely energy accounting, billing, collection, and revenue protection while managing customer experience and complaints resolution, and supervising enforcement activities against free-riders. Leading the preparation of financial projections such as CAPEX and OPEX budget proposals, CBAs, and periodical revenue projections while supervising project and operational expenditure and procurements in the Business District. Facilitating strategic collaboration with internal and external stakeholders, such as MDAs, community associations, security agencies and organizing periodic events to engage B2G/B2B/B2C clients, third-party vendors, contractors, etc. Managing business development and feasibility studies from technical and commercial perspectives including lead generation, qualification, proposal development, and contract negotiation to develop and integrate DERs. Actively searching for potential opportunities of business origination and commercialization, and establishing contact network with energy offtakers – B2B and B2G clients – targeting investment in embedded energy infrastructure.Major accomplishments: 10% Increase in customer base by 3,000 within 12 months. 30% increase in recovery revenue. 25% and 45% growth in billing and collection efficiencies respectively. Show less
  • Energy Fellows Institute
    Energy Fellow
    Energy Fellows Institute Apr 2021 - Present
    Energy Fellows Institute (EFI) is an executive immersion program providing a platform for the exchange of ideas, opportunity, skills and community, in order to develop leaders ready to succeed in world-changing advanced energy business. Through a competitive process, up to 15 Fellows are chosen to join a growing list of exceptional cleantech executive alumni.
  • Eko Electricity Distribution Plc
    Group Head - Special Projects & Revenue Optimization
    Eko Electricity Distribution Plc Dec 2020 - Aug 2022
    Lagos, Nigeria
     Led 5 Strategic Teams (Corporate Services, Data Strategy, Technical Audits, Process Improvement and Project Management) to analyze Board of Directors’ investment proposals and Executive Management’s performance. Drove managerial and operational performance to reduce ATC &C losses to a targeted maximum of 15% by researching, recommending and implementing techno-commercial strategies to strengthen the overall performance of the business. Managed the complete lifecycle of technical and… Show more  Led 5 Strategic Teams (Corporate Services, Data Strategy, Technical Audits, Process Improvement and Project Management) to analyze Board of Directors’ investment proposals and Executive Management’s performance. Drove managerial and operational performance to reduce ATC &C losses to a targeted maximum of 15% by researching, recommending and implementing techno-commercial strategies to strengthen the overall performance of the business. Managed the complete lifecycle of technical and commercial projects by collaborating with multiple stakeholders to design strategic responses and tools to engage emerging threats or optimize acceptable prospects. Researching, recommending, implementing and ensuring enforcement of best practices, policies and procedures for the utilities businesses while establishing and maintaining effective working relationships with other stakeholders. Customer experience analysis and escalation of risks and opportunities to management to ensure that the operational risk needs of the business are serviced appropriately, through reporting and controls of key areas. Optimized utilization of allocated power by efficient collaboration with switching operations to ensure high level of uptime, and availability of the feeders to optimally offtake power allocated from Transmission Stations. Performed periodic reviews of Standard Operating Procedure (SOPs) and regulatory compliance data to ensure compliance with regulatory requirements and internal processes. Oversaw the continual development of internal reporting platforms to improve performance tracking and harmonize data to produce high level corporate performance reports.Major accomplishments: 100% completion of projects within time, budget and scope. Team contributed 37% to revenue growth in 2021. Training of 300+ field officers over 15 months on energy audit. 500% cost savings on consultants. Show less
  • Eko Electricity Distribution Plc
    Zonal Manager
    Eko Electricity Distribution Plc Jun 2019 - Dec 2020
    • Drove operational and commercial performance to reduce Aggregate Technical, Commercial and Collection ATC &C losses to a targeted maximum of 10% and consistently analysed business performance-profitability of infrastructural investment proposals to ensure benefit over cost.• Coordinated 3 commercial teams to ensure optimal energy accounting at maximum billing and collection efficiencies in line with MYTO and service reflective tariff, and leading relationship management, strategy… Show more • Drove operational and commercial performance to reduce Aggregate Technical, Commercial and Collection ATC &C losses to a targeted maximum of 10% and consistently analysed business performance-profitability of infrastructural investment proposals to ensure benefit over cost.• Coordinated 3 commercial teams to ensure optimal energy accounting at maximum billing and collection efficiencies in line with MYTO and service reflective tariff, and leading relationship management, strategy planning and revenue protection towards the detection, prevention, and recovery of revenue leakages.• Coordinated 2 technical teams to ensure safe, effective, and efficient distribution of 25MWh monthly average to about 12,000 residential and commercial customers in the foremost upper-class area of South-West Nigeria, with timely clearing out of faults and resolution of complaints. Show less
  • Eko Electricity Distribution Plc
    Edtp Fellow
    Eko Electricity Distribution Plc Dec 2018 - May 2019
    Nigeria
    • Eko Distribution Training Programme (EDTP) is a fellowship designed to develop a workforce of home grown talent pool to raise a new generation of talents and leaders that will drive an on-going transformation as the leading and customer centric utility in Africa.• A carefully designed accelerated 6 months training program which combines both technical and non- technical curricular via a customized program of in-class training, on the job training, continuous feedback and supportive… Show more • Eko Distribution Training Programme (EDTP) is a fellowship designed to develop a workforce of home grown talent pool to raise a new generation of talents and leaders that will drive an on-going transformation as the leading and customer centric utility in Africa.• A carefully designed accelerated 6 months training program which combines both technical and non- technical curricular via a customized program of in-class training, on the job training, continuous feedback and supportive team members.• Modules include: Revenue Assurance and Protection, Audit and Compliance, Commercial Services, Data Analytics, Billing Cycle Management, Distribution Operations, Business Excellence and Performance Management, and Business System Management. Show less
  • Ava Energy & Utilities
    Director Of Project Development
    Ava Energy & Utilities May 2012 - Jun 2020
    Nigeria
    Energy & Utilities Advisory, Consulting and Contracting for residential estates and small and medium enterprises especially on electrification investment planning; renewable energy off-grid utility design and start-up; utility benchmarking and service improvements; construction supervision; smart grid planning and implementation; and engineering design and analysis.
  • Federal Inland Revenue Service (Firs)
    Team Lead, Data Strategy And Revenue Assurance, Oil & Gas Tax Audit
    Federal Inland Revenue Service (Firs) Aug 2017 - Jan 2019
    Nigeria
     Controlled intelligence gathering, data collection, analysis and storage of business arrangements, commercial activities and capital expenditure of Oil and Gas Upstream, Services, and Downstream companies on a continuous basis. Led data cleaning and harmonization for development of toolkits for management information system, risk profiling and performance tracking strategies in audit, debt management and compliance functions. Reviewed annual tax returns filed by Oil and Gas… Show more  Controlled intelligence gathering, data collection, analysis and storage of business arrangements, commercial activities and capital expenditure of Oil and Gas Upstream, Services, and Downstream companies on a continuous basis. Led data cleaning and harmonization for development of toolkits for management information system, risk profiling and performance tracking strategies in audit, debt management and compliance functions. Reviewed annual tax returns filed by Oil and Gas Companies in Upstream, Midstream, and Downstream, ensuring tax compliance with relevant fiscal regimes in Nigeria's Energy sector. Coordinated technical inspections and verification (were necessary) of qualifying capital expenditure and investments in line with fiscal rules regarding claims of capital allowances and other investment reliefs in Nigeria's Energy sector. Represented FIRS at FGN Crude Oil Inventory Reconciliation, Interagency Committee (NNPC, DPR, NAPIMS, and CBN, etc.), Modified Carry Arrangement (MCA) and Production Sharing Contract (PSC) meetings.Major accomplishments: Co-development of toolkits for auto-selection and management of tax audit cases. Team’s efforts increased annual audited cases by 60%, improved Company Income Tax by 40%, reduced stop-filers by 73% and shortened audit cycle to from 4.3 to 2 months. Show less
  • Global Energy Network Institute (Geni)
    Associate Research Fellow
    Global Energy Network Institute (Geni) Oct 2015 - Oct 2018
    Nigeria
    • Researched utility-scale policies to accelerate renewable energy investments in West Africa and designed effective and efficient incentive policies for renewable power generation and expansion planning.
  • Young African Leadership Initiative
    Yali Fellow
    Young African Leadership Initiative Mar 2017 - Mar 2018
    • YALI Regional Leadership Centers offer leadership training programs to young leaders between the ages of 18 and 35. The RLCs serve as a place for regional collaboration driven by young leaders by providing in-person and online training, networking, and professional development opportunities.• The RLCs are a project of the United States Agency for International Development (USAID) in close partnership with The MasterCard Foundation and other private sector partners. Each center is… Show more • YALI Regional Leadership Centers offer leadership training programs to young leaders between the ages of 18 and 35. The RLCs serve as a place for regional collaboration driven by young leaders by providing in-person and online training, networking, and professional development opportunities.• The RLCs are a project of the United States Agency for International Development (USAID) in close partnership with The MasterCard Foundation and other private sector partners. Each center is managed as a public-private partnership. Show less
  • Jmg Limited
    Sales Engineer, Diesel And Gas Plants
    Jmg Limited Apr 2012 - Sep 2012
    Abuja, Nigeria
    • Designed and implemented plant sales, installation and maintenance project proposals, managed stakeholder engagements on and off clients’ sites, and contracted product and service offerings.• 100% project management on installation and maintenance, including energy efficiency assessments, load/capacity audits, plant performance analysis and maintenance tracking.
  • Access Bank Plc
    Assistant Relationship Manager
    Access Bank Plc Mar 2007 - Feb 2012
    Abuja, Nigeria
     Consolidated new businesses with clients in Oil, Gas and Power sectors, and managed existing accounts in energy portfolio to increase bank deposits and patronage of the bank’s risk asset service offerings. Negotiated credit covenants and structure based on credit risk policy and processed credit requests, while analyzing credit risks, cash flow projections, transaction dynamics in pursuit of management’s approval. Conducted periodic investigations on customers’ sites in pursuit of… Show more  Consolidated new businesses with clients in Oil, Gas and Power sectors, and managed existing accounts in energy portfolio to increase bank deposits and patronage of the bank’s risk asset service offerings. Negotiated credit covenants and structure based on credit risk policy and processed credit requests, while analyzing credit risks, cash flow projections, transaction dynamics in pursuit of management’s approval. Conducted periodic investigations on customers’ sites in pursuit of monitoring performance on energy infrastructure projects being objectives of loan facility to prevent diversion of funds. Implemented credit provisioning based on CBN’s prudential guideline, credit risk analysis and collateral profiling for trading N20B Eligible Bank Assets EBAs from energy portfolio in bond acquisition. Executed loan recovery strategies and recovered over 80% while cutting loan recovery costs due to engagement of recovery agents by 70%. Developed proficiency in managing large data set of group-wide risk asset portfolio and appointed Secretary to Regional Assets and Liability Committee.Major accomplishments: NGN 500million deposit mobilization from self-sourced clients; secured approvals for NGN 750million risk asset credit portfolio focused on rural electrification and oil, renewable energy, and oil and gas; increase in Group’s profitability by over 50% in 2009 and 2010 financial years; and trading Eligible Bank Assets (EBAs) to Asset Management Corporation of Nigeria (AMCON). Show less

Olawale Olapegba Skills

Auditing Renewable Energy Systems Solar Energy Policy Analysis Key Account Management Energy Industry Tax Law Portfolio Management Energy Economics Financial Risk Business Analysis Business Development Relationship Management Credit Risk Project Finance Negotiation Finance Regulatory Affairs Fiscal Policy Energy Management Energy Strategic Planning Engineering Electricity Markets Mechanical Engineering Business Planning Public Policy Microsoft Office Energy Policy Risk Management Microsoft Excel Customer Service Financial Analysis Contract Negotiation Project Planning Renewable Energy Tax Accounting Business Strategy Management Contractual Agreements Project Management Energy Efficiency Electric Power Research Energy Regulation Public Administration Revenue Assurance Crm Internal Audit

Olawale Olapegba Education Details

Frequently Asked Questions about Olawale Olapegba

What company does Olawale Olapegba work for?

Olawale Olapegba works for Ava Energies

What is Olawale Olapegba's role at the current company?

Olawale Olapegba's current role is Non Executive Director.

What is Olawale Olapegba's email address?

Olawale Olapegba's email address is o.****@****hoo.com

What schools did Olawale Olapegba attend?

Olawale Olapegba attended Ladoke Akintola University Of Technology, University Of Ibadan, European University Institute, Ladoke Akintola University Of Technology, Ladoke Akintola University Of Technology, Abeokuta Grammar School.

What are some of Olawale Olapegba's interests?

Olawale Olapegba has interest in Social Services, Volunteering, Travelling, Environment, Poetry, Science And Technology, Disaster And Humanitarian Relief.

What skills is Olawale Olapegba known for?

Olawale Olapegba has skills like Auditing, Renewable Energy Systems, Solar Energy, Policy Analysis, Key Account Management, Energy Industry, Tax Law, Portfolio Management, Energy Economics, Financial Risk, Business Analysis, Business Development.

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