Directors & Officers

Board of Directors

Mr. Pierre Vandebeeck ( Belgian ) Chairman
Mr. Felix Onwuchekwa Nwabuko, FCA Managing Director / CEO
Mr. Thor Bakken COO / Executive Director
Engr J.B. Erhuero, JP, mni Non Executive Director
Mrs. Marie William Vandebeeck (Belgian) Non Executive Director

Mr. Kenneth William Crockett  

Mr Osa Osunde, FIS

CFO / Executive Director

Independent Non Executive Director

Dr. Shettima Mustafa, CON Independent Non Executive Director
Chief Bassey Edem Independent Non Executive Director
HRH (Prince) Aiguobasinmwin Ogie Akenzua Independent Non Executive Director





Directors' Brief:


Mr Pierre Vandebeeck

Mr. Pierre Vandebeeck, a Belgian, is the Chairman Board of Directors of Presco Plc. He holds degrees in Chemistry from the Higher Institution for Chemistry, Sint Truiden, Belgium and Tropical Agriculture Engineering from Agricultural College, Vilvoorde, Belgium. He started his career in 1969 with Afrifina s.a. and was seconded to the Democratic Republic of Congo where he worked in several capacities in coffee, cocoa, rubber and palm plantations. Responsible for establishing several oil palm estates in Nigeria, Mr. Vandebeeck joined Socfinco s.a. in 1974 to start Socfinco’ Nigerian operations. He worked as Plantation Manager for Adapalm from 1974 to 1978, then at the 10,000 hectare Risonpalm oil palm project from 1978 to 1983. In 1983 he became the Director of Operations for Socfinco in Nigeria, responsible for the conception, preparation and implementation of major tree crop programmes for several state governments and private sector organizations. Prior to joining Presco in 1991 as Managing Director, he was Managing Director of Indufina s.a., Luxembourg from 1990 to 1991.He has been Chairman and Managing Director of Siat since 1991 and is a director of several other companies. Mr. Vandebeeck became the Chairman of Presco Plc on 1 January 2010.


Felix Onwuchekwa Nwabuko FCA ACIT MBA MioD


Chartered Accountant and Consultant with extensive multi-industry, international, business and project management experience within big four audit firm, international industrial groups and world class university environments. Fellow of Institute of Chartered Accountants of Nigeria, Associate of Chartered Institute of Taxation Nigeria, Alumni of Manchester Business School, United Kingdom and University of Benin, Nigeria, Member Institute of Directors, United Kingdom.

Career experience covers ten years of professional practice experience at KPMG, eighteen years experience in strategic and operational management of large scale industrial oil palm plantation and processing enterprises as a key member of multi-disciplinary expert management teams of the two leading enterprises in the Nigerian oil palm and vegetable oil industry and seven years of project finance management in the United Kingdom. Managing Director of Presco Plc and Siat Nigeria Limited from 1st February 2015. Previous roles fulfilled include Ag. Managing Director, Ghana Oil Palm Development Company Limited (GOPDC), Chief Financial Officer, GOPDC, Director Finance & Corporate Affairs, Presco Plc, Finance Controller, Okomu Oil Palm Plc. Coordinated and executed two IPOs/Public flotation’s for Stock Exchange Listings in Nigeria - Okomu Oil Palm Plc (1991) and Presco Plc (2001/2002) . Special interests in Strategy, Corporate Governance and Leadership.


Engr. (Chief) James B. Erhuero, JP, mni

Engr. J.B. Erhuero joined the Board of Presco Plc on 15 July 2004. He was one time Secretary to the Delta State Government where he previously served as head of Service. Before he became the Head of Service to the Delta state Government, he was a Permanent Secretary in the Delta State Civil Service. Engr. Erhuero holds a B.Sc honours degree in mechanical Engineering and a Masters degree in Systems and Manufacturing Engineering amongst others. He is a knight of St. Mulumba (KSM) .


Mrs. Marie William Vandebeeck (Belgian)


Miss Vandebeeck was reappointed to the board of Presco Plc, in December 2012. 
She is a Belgian and the Deputy Managing Director in charge of Corporate Affairs at Siat sa, Brussels, Belgium. Previous positions held include Assistant to the COO for the African Region at HeidelbergCement in Brussels; Deputy Managing Director in charge of Finance and Logistics at Siat sa, Brussels. She previously served at Siat Gabon where she held the position of Deputy Managing Director. She started her career at Siat sa, Brussels as Business Development Manager.
Miss Vandebeeck holds a Master in Business Engineering from the Catholic University, Leuven and studied at College of management, ESC Lyon and followed a general management program at the Vlerick Leuven-Ghent Management School. She is on the Board of Siat sa, Brussels and other Companies in the Siat Group.


Mr Osa Osunde

Mr. Osunde is a Chartered Stockbroker and presently the Managing Director and Chief Executive Officer of Fidelity Finance Company Limited. He holds a HND in Accountancy and a Fellowship of the chartered Institute of Stockbrokers. He is also a council member of the same institute. An experienced capital market operator, he is a council member of The Nigerian Stock Exchange. He is a member of Board of many other Companies. He joined the Board of Presco Plc in May 2003.


Dr. Shettima Mustafa, OFR, CON

Dr. Mustafa is a renowned Agriculturist who specialized in Plant Breeding and Agronomy.He had served the Federal Republic of Nigeria in various capacities including Honourable Minister of Agriculture and Natural Resources between 1990 and 1992, Honourable Minister of Defence between 2008 and 2009 and Minister of Interior between 2009 and 2010. He previously held the position of Head, Agricultural Projects Monitoring and Evaluation Unit, where he was the Overseer of the ADPs nationwide. He holds a B sc honours and Ph D from the Ahmadu Bello University, Zaria.


 Chief Bassey Edem                            

Chief Bassey E.O. Edem, MFR, is an administrator, Chartered Accountant and an Agri-Business Magnet. He hold a Diploma in Accountancy from Yaba College of Technology, a Bachelor of Science (B.SC.)Degree in Accounting from University of Lagos and a Masters of Business Administration (MBA) degree From the University of Calabar. He worked with the United Africa Company of Nigeria (UACN) Plc. In November 1979, he was transferred to Pamol (Nigeria) Limited, Promoted Managing Director/Chief Executive Officer 1982- and appointed Vice Chairman MD/CEO of the company from where he voluntarily retired in 2006. He was also an Executive Director of Dunlop Nigeria Plc (the parent company of Pamol Nigerian Ltd.) Chief Edem won the Unilever International Managing Director of the year Award in 1988. Chief Bassey E. O. Edem is a fellow of Chartered Association of certified Accountants (FCCA) UK; Fellow of the institute of Chartered Secretaries and Administrators (FCIS) UK, Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and Alumnus of The Lagos Business School (CEP-1994). He was appointed as a director of Presco Plc December 6, 2013.

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