Home Feature Chateau Royal Aims At Improving On Corporate Governance, Best Practices

Chateau Royal Aims At Improving On Corporate Governance, Best Practices

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Gabriel Enenche —

The Managing Director, Chateau Royal, Oluwatobi Osonuga has expressed more commitment of the company’s drive to promote best practices and provide quality service. He also said this was behind the appointment of four board members aimed to deepen its corporate governance.

Osonuga explained that the new appointments was in response to the real estate market dynamics, added with the disruptive influence of technology that is creating a new order in real estate business.

While revealing that the restructuring would aid in providing quality services to clients,he noted that despite achieving significant milestones already, they took into cognizance the need to be competitive in a demanding and rapidly evolving industry like the real estate.

“We must remain unwavering in our commitment to innovation, chose collaboration over competition and proactively seek out new ideas, guidance and solutions to thrive, he said.

“To this end, we are confident that we can achieve more by collaborating with industry leaders. We believe in the power of inclusion and collaboration to unlock expertise, resources and networks that can help us navigate complex challenges, seize opportunities, and drive sustainable growth in this new technological era”.

Mr. Osonuga disclosed further that currently, technological developments and innovations were reshaping industries and creating new opportunities.

“To survive in this new technological transformation era, the firm believed that building strong corporate governance systems through partnerships and alliances was key to unlocking and harnessing the full potential of the numerous opportunities that abound in this new world, he said.

“At our core, we are driven by the vision to provide a royal experience for our stakeholders through building lasting quality structures, creating pathways to build generational wealth and contributing positively to our society.

“We understand that real estate is not merely a financial transaction that ends once money exchanges hands, but rather a long-term commitment made based on trust, shared mutual values, and belief in the standards of the organisation.

“It is on this premise that Chateau-Royal decided to embrace change and restructure its affairs to inculcate lasting corporate governance structures, systems and pathways that will enable it to keep providing its stakeholders with quality products that meet international standards while inspiring the organisation to think boldly, take calculated beneficial risks and challenge the status quo”.

The new board members include the Board Chairman, Aishetu Abraham; Board Members— Tunde Busari (SAN); Tony Anonyai (PhD), and Olugbenga Opabisi, an Engineer.

Abraham, is a former Executive Director, Unity Bank Plc. She was also appointed Chairman of Unity Kapital Assurance Plc.

Busari is a practising domestic and international solicitor, advocate, and arbitrator and has acted as counsel in various proceedings. He is a listed arbitrator with the Lagos Multi-Door Courthouse, Nigerian Communication Commission Arbitration Scheme, Regional Centre for International Commercial Arbitration, Lagos, and the Kigali International Arbitration Centre, Rwanda. He is a Notary Public and a Senior Advocate of Nigeria (SAN).

Anonyai is Co-founder at Planet Capital Limited, an investment banking firm. He Is the founding Managing Director, Strategy & Arbitrage Limited, a brokerage and dealing member firm of the Nigerian Stock Exchange and one of the legacy companies in Planet Capital Limited.

Opabisi is a Council for Regulation of Engineering in Nigeria (COREN) Certified Engineer and has garnered over 22 years of professional experience delivering innovative and cutting-edge construction engineering, design implementation and services along the Real Estate, Construction & Property Development value-chain. He is also a member of the Nigerian Society of Engineers (NSE) and the Nigerian Institution of Civil Engineers (NICE).

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