FOR IMMEDIATE RELEASE — The Economic Club of Africa Network (ECAN) is pleased to announce the admission of Boye Oyewumi, Chairman of Silverage Group, Nigeria, to its distinguished community of senior leaders advancing finance, innovation and development in Africa.

An accomplished business leader, entrepreneur and investment strategist, Mr. Oyewumi brings more than three decades of experience spanning corporate leadership, investment promotion, financial management, public policy, and institutional governance. His career reflects a sustained commitment to enterprise development, strategic investment, and the creation of economic opportunities across Africa.

As Chairman of Silverage Group, a diversified business organisation with interests in energy, technology, financial services, industrial solutions and investment, he provides strategic leadership across the Group’s businesses. Having previously served as Group Managing Director, he has played a significant role in its development, building partnerships and advancing business interests across Nigeria and international markets.

Welcoming him to the Network, Professor Fred Olayele, Chair of the ECAN Board of Directors, said:

“Mr. Oyewumi brings valuable experience at the intersection of private enterprise, public policy, and investment promotion. His commitment to building businesses, strengthening institutions, and translating economic potential into practical opportunities aligns closely with ECAN’s mission. We look forward to the perspectives and leadership he will contribute to our community.”

Biography

In addition to his current role as Chairman of Silverage Group, Mr. Oyewumi has made notable contributions to public-sector investment and economic development. Between 2017 and 2022, he served as Special Adviser on Development and Investment to the Governor of Ondo State and Chief Executive Officer of the Ondo State Development and Investment Promotion Agency (ONDIPA), following his service as Senior Special Assistant on Development and Investment from 2016 to 2017.

During his tenure, he championed initiatives to attract private capital, strengthen public-private partnerships and unlock the state’s economic potential. His work included advancing the proposed Port of Ondo deep-sea development, facilitating investment in bitumen exploration, supporting the revitalisation of Okitipupa Oil Palm Plc and promoting commercial aviation connectivity between Ondo State and major Nigerian cities.

His professional experience extends to the United Kingdom, where he served as Accounts Manager at Middlesex Probation Service, overseeing financial operations and substantial institutional budgets.

He brings extensive boardroom experience across several sectors. A former Chairman of Okitipupa Oil Palm Plc, he currently serves as Chairman of 21st Century Evolution Limited, Non-Executive Director and Chairman of the Governance Committee of Mutual Benefits Assurance Plc, and Non-Executive Director of Mutual Life Insurance Limited. As a member of the Institute of Directors, he maintains a longstanding commitment to corporate governance, institutional effectiveness and responsible business leadership.

Beyond business and public service, he is deeply committed to philanthropy and expanding opportunities for disadvantaged communities. He is the Founder and Managing Trustee of the Victoria Rogers Foundation, a privately funded charitable organisation that supports the education of children from financially disadvantaged backgrounds, from primary school through university. The Foundation also assists beneficiaries with post-qualification employment opportunities, provides financial support to families in need, and helps meet urgent medical expenses. He additionally serves as a Trustee of a faith-based organization in the United Kingdom, South Africa, and Lagos.

Throughout his career, Boye Oyewumi has demonstrated a commitment to connecting investment opportunities with practical economic development, strengthening institutions and creating pathways for sustainable enterprise. His combination of private-sector leadership, public-sector investment experience, boardroom governance and philanthropy brings a valuable perspective to conversations on Africa’s economic transformation, investment competitiveness and long-term prosperity.

He holds a Bachelor of Science degree in Business Administration from the University of Maiduguri, Nigeria, and a Master of Business Administration from Middlesex University, London.

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 About ECAN

The Economic Club of Africa Network (ECAN) is a private, membership-based network dedicated to finance, innovation, and development. A strategic circle of influence, ECAN’s members are visionary leaders with a proven track record of excellence, influence, and integrity. Through high-level dialogue and curated engagements, ECAN provides a platform for exchanging ideas and advancing opportunities that contribute to Africa’s economic development and global engagement. Membership is by invitation only — and typically reserved for highly distinguished ethical leaders.

To learn more, visit www.econclubafrica.org