Gov. Sanwo-Olu Reconstitutes LSSTF Board Of Trustees, As Kehinde Durosinmi-Etti Continues As Board Chair • Ogunsan as ES/CEO

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Gov. Sanwo-Olu Reconstitutes LSSTF Board Of Trustees, As Kehinde Durosinmi-Etti Continues As Board Chair • Ogunsan as ES/CEO

By Oki O. Samson, Trek Africa Newspaper

Executive Governor, Lagos State, Mr. Babajide Olusola Sanwo-Olu…

 

 

The Executive Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu, has today 5th January, 2026 reconstituted the Board of Trustees of the Lagos State Security Trust Fund (LSSTF), reinforcing the state government’s commitment to strengthening internal security and public safety.

Chairman, Board of Trustees, Lagos State Security Trust Fund, LSSTF, Mr. Kehinde Durosinmi-Etti…

 

The newly reconstituted Board brings together a blend of seasoned private sector leaders, security experts, and key government officials, reflecting the Fund’s public–private partnership model that has been central to its success since 2007 when it was established.

The newly constituted Board continues to have Mr. Kehinde Durosinmi-Etti retained his Chairmanship of the Board. Other members of the Board who are returning are retired Deputy Inspector-General of Police, DIG Agboola Oshodi-Glover and the Chief of Staff to the Governor of Lagos State, Mr. Tayo Akinmade Ayinde. New members include the Group Managing Director/CEO of First Bank Plc, Mr. Olusegun Alebiosu; Group Managing Director of United Bank for Africa Plc, Mr. Oliver Alawuba; Executive Director of Zenith Bank Plc, Mr. Akin Ogunranti; and Managing Director of Providus Bank, Mr. Walter Akpani. Other fresh additions to the Board are the Managing Director of the Abdul Samad Rabiu Initiative, Mr. Ubon Udoh; Group Managing Director of Prime Atlantic, Mr. Ayo Otuyalo and Chairman of Ibeju-Lekki Local Government and Chairman of Conference 57, Hon. Engr. Sesan Olowa. Dr. Ayodele Ogunsan will continue in his role as the Executive Secretary/CEO of the Lagos State Security Trust Fund (LSSTF) which he assumed on Friday 31st October 2025.

Executive Secretary/CEO, Lagos State Security Trust Fund (LSSTF), Dr. Ayo Ogunsan…
Group Managing Director/Chief Executive Officer, FirstBank and Broad Member, LSSTF, Mr. Olusegun Alebiosu…
Group Managing Director, United Bank for Africa Plc and Board Executive, LSSTF, Mr. Oliver Alawuba

 

The Governor expressed gratitude to the former members of the Board who have completed their terms of service, and wished them success in their respective endeavours. They include Mr. Segun Agbaje, Dr. Adesola Kazeem Adeduntan, Mr. Ebenezer Onyeagwu, Mr. Emeka Onwuka, Otunba Niyi Adewunmi, and Engr. Omotayo Bamgbose-Martins.

Executive Director, Zenith Bank Plc and Board Member, LSSTF, Mr. Akin Ogunranti…
Managing Director, Providus Bank and Board Member, LSSTF, Mr. Walter Akpani…
Managing Director, Abdul Samad Rabiu Initiative and Board Member, LSSTF, Mr. Ubon Udoh…

 

Also, Governor Sanwo-Olu expressed confidence that the new board members would bring in their expertise and experience to strengthen collaboration between the government and the private sector.

Chief of Staff to the Governor, Lagos State and Board Member, LSSTF, Mr. Tayo Akinmade Ayinde…
Retired Deputy Inspector-General of Police and Board Member, LSSTF, DIG Agboola Oshodi-Glover rtd…
Executive Chairman, Ibeju-Lekki Local Government/Chairman of Conference 57 and Board Member, LSSTF, Hon. Engr. Sesan Olowa…
Group Managing Director, Prime Atlantic and Board Member, LSSTF, Mr. Ayo Otuyalo…

 

The reconstitution of the Board is expected to further the critical role of the LSSTF in mobilising resources to support security agencies operating within Lagos State through the provision of equipment, logistics, and strategic interventions. It will also enhance governance, accountability, and innovation in addressing evolving security challenges in the nation’s commercial nerve centre and West Africa’s economic hub.

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