H.R.M (DR) F. E. O. AKINRUNTAN

H.R.M. (Dr) Frederick Enitiolorunda Obateru Akinruntan is the Chairman/Chief Executive of OBAT Oil and Petroleum Limited. He was born in Jirinwo, Ilaja Local Government Area of Ondo State, Nigeria.

Obat Oil and Petroleum Limited which he established in 1981, is a leading household name in petroleum marketing in Nigeria today. The company which started with one filling station in Okitipupa, Ondo State, currently has several Service outlets that spread across the Western, Southern and Northern States of Nigeria.

H.R.M is a graduate of Business Administration from Lead City University Ibadan, where he was awarded “ The Most Outstanding Enterprise Graduate ” Class of 2008.

He has received several local and international awards, including several honorary such as: Doctor of Philosophy (Bus. Admin), Staton University, Tampa, Florida USA - 1986.  Doctor of Divinity, Station University, Tampa Florida, USA - 1997. Doctor of Business Administration (Honoris Causa) University of Ado-Ekiti, Ekiti State, Nigeria - 2006. Doctor of Business Administration (DBA) from The Oxford Institute of Management, UK- 2007.

Entrepreneur of the Year Award from the Western Media Forum - 1997, Patron; Nigeria Union of Journalists, Oyo State Council - 1999, Life Grand Patron; National Association of Polytechnic Accountancy Students (NAPAS) 1999,  Grand Fellow Emeritus; University Zenity Hall of Fame - 1999,  Goldname Award for Enterprise (RATTAWU / PAN AFRICAN CENTRE) for Trade and Creative Initiative - 1999, Life Patron, Performing Musicians Employers Association of Nigeria (PMAN) 2000, Award of Excellence by Ondo State Chambers of Commence, Industries, Mines and Agriculture (OSCCIMA)          2000, Peacemaker of the Year Award from the Correspondents Chapel, Ondo State Council of NUJ 2001, Fellow of the Law Students Association, Ogun State University, Ago-Iwoye (now Olabisi Onabanjo University) 2001, Grand Patron,  Law Students Association, Ogun State University, Ago-Iwoye (now Olabisi Onabanjo University)2001, Fellowship Award of the Federal Polytechnic, Ede, Osun State 2002, Trail Blazer Award from the National Association of Business Administration Students (NABAMS), Ambrose Alli University, Ekpoma, Edo State 2004, The Visionary Achiever of the Decade Award from the Association of International Relations Students (AIRS), Ambrose Alli University, Ekpoma, Edo State 2005, First Nigerian Member of Clinton Global Initiative 2008.

H.R.M (Dr) Frederick Enitolorunda Obateru Akinruntan belongs to several professional and trade associations, including Riverine Communities Petroleum Marketers Association of Nigeria, of which he is the current President. He is also a Fellow, Institute of Corporate Affairs & Business Management. Member, Nigerian Institute of Management (MNIM). Member, Independent Petroleum Marketers Association of Nigeria (IPMAN). Member, International Bunker Industry Association. Member, Depot and Petroleum Product Marketer Association (DAPPMA). President, Riverine Communities Petroleum Marketers Association of Nigeria (RICOPMAN). Member, Fishermen Association of Nigeria. Member, United States of America Department of Commerce, Atlanta, Georgia. USA.

H.R.M (Dr). Frederick Enitolorunda Obateru Akinruntan, a silent and humble achiever is Chairman, Obat Group, Chairman, Obat Oil and Petroleum Limited, Chairman, Obat Refinery Limited, Chairman, Obat Nigeria Limited, Chairman, Obat Fisheries Limited, Chairman, Eko Oil and Gas Limited, Chairman, Theo Oil Nigeria Limited, Chairman, Febson Hotels Nigeria Limited, Chairman, Progress Consultancy Services Limited, Chairman, Saaloe Nigeria Limited, Chairman, Tutuma Maritime Limited.

H.R.M Akinruntan has entrenched himself as a successful businessman in Nigeria. His strings of achievements attest to his ingenuity as a shrewd manager of human and material resources.

Today, he sits atop a business conglomerate with interests in petroleum, shipping, construction, fishery, tourism and hospitality, consultancy services and water purification / production.

He is happily married and blessed with children.

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