Dr. Olumide was the Founder, Chairman/Managing Director of Sunlink Petroleum Limited, a company he started in 1986. He was a true visionary and is recognized as a trailblazer in the Nigerian Oil and Gas industry.
As far back as 1987, just a year after the company’s incorporation, he pioneered the first Production Sharing Contract between NNPC and an indigenous company. He doggedly pursued his vision of building a truly indigenous petroleum exploration and production company recognized as a leader in the upstream sector of the Nigerian petroleum industry.
Even when the company’s first oil and gas project did not yield any commercial returns, he continued to strive to make a success of the company. This among many other achievements in his personal and professional life, is a testament to his tenacity and determination in the face of all odds.
Before Sunlink, he was the Executive Director (Operations) of SCET Nigeria Limited (an affiliate of SCET International) a multidisciplinary consultancy based in Paris. During his career at SCET, he consulted to the World Bank and The European Union and Governments of Developing Countries including the Federal Republic of Nigeria. He was appointed the Chairman/Chief Executive Officer of SCET Nigeria Limited in 1981 and held this position till 1986.
He obtained his bachelor’s degree in 1969 and obtained his Master’s degree in Finance in 1975 from institutions in the United States of America (USA). Dr. Olumide was also a double PhD holder, with his first PhD in Development Economics and his second PhD degree in Management Science also obtained from reputable institutions in the USA.
Dr. Olumide was a member of various reputable associations and institutes as follows:
(In loving memory) Dr. Olumide passed away on Saturday, 6th June 2020.