A change of leadership within the Lagos Chamber of Commerce and Industry (LCCI) Auto and Allied Sub-sectoral Group was effected on Thursday, August 7, 2025 following the election of Olurunfemi Abidemi Eguakhide as the new chairman.
The election of Eguakhide, the current group deputy managing director of R.T. Briscoe (Nigeria) Plc followed the expiration of office of Adekunke Jaiyesimi, deputy managing director of CFAO Mobility, who served for two terms.
In his acceptance speech, Femi Eguakhide thanked members of the LCCI Auto and Allied Sector Group for electing him as the new chairman.
“I want to thank everyone for the confidence reposed in me and especially R.T. Briscoe (Nigeria) Plc that comes first as institutional member company of the sector. I want to specifically thank Adekunke Jaiyesimi, the outgoing chairman for a job well done and for positively stirring the affairs of the Auto and allied sector in the Chambers,” Eguakhid said.
The new chairman promised that, the main focus will be to galvanise membership that are inactive to come back fully to enable a robust conversation, enable contribution on ideas and strategies that will move the sector forward very quickly.
According to him, “The very first thing we will need to do is to drive membership aggressively. That is the very first thing and in doing that, we can now draw from everyone’s experience and put together whatever it is, and have a robust position in terms of advocacy, advise to the larger house to be able to impact government policies and decision making that will then then move the country forward.”
Eguaikhide is the deputy managing director with direct responsibility for business operations. He holds a post-graduate diploma in Business Administration and an MBA in Marketing Management from the Enugu State University of Science and Technology.
He is an alumnus of the prestigious Lagos Business School of the Pan Atlantic University having attended the Advanced Management Program (AMP) in 2016. He is a full member of the Chartered Institute of Personnel Management of Nigeria (MCIPM), Associate Member of the
Nigerian Institute for Training and Development (AITD), Fellow of the Institute of Credit Administration (FICA), Certified Digital Marketing Professional (CDMP) and
a Fellow of the Institute of Corporate Administration of Nigeria.
His core experience is in the areas of operations management, sales and marketing management, human resources and business leadership. He is the current vice president of the Association of automobile, boatyard, Transport Equipment and Allied Employers of Nigeria. (AABTEAEN).
Eguaikhide previously worked with Genesis Group variously as deputy general manager, human
resources and IT, general manager HR & IT, general manager, operations and chief operations officer at The Bridge Healthcare Company in 2010.
