Governor of Lagos State, Mr. Babajide Sanwo-Olu, has reconstituted the Board of Trustees of the Lagos State Security Trust Fund, LSSTF, as part of efforts to further strengthen security architecture and public safety across the state.
The reconstitution reinforces the state government’s commitment to sustaining the LSSTF’s public–private partnership model, which has remained central to its operations since the Fund was established in 2007.
Under the new arrangement, Mr. Kehinde Durosinmi-Etti has been retained as Chairman of the Board. Also returning are retired Deputy Inspector-General of Police, DIG Agboola Oshodi-Glover, and the Chief of Staff to the Governor of Lagos State, Mr. Tayo Akinmade Ayinde.
New members appointed to the Board include the Group Managing Director/Chief Executive Officer of First Bank Plc, Mr. Olusegun Alebiosu; Group Managing Director of United Bank for Africa Plc, Mr. Oliver Alawuba; Executive Director of Zenith Bank Plc, Mr. Akin Ogunranti; and Managing Director of Providus Bank, Mr. Walter Akpani.
Others are the Managing Director of the Abdul Samad Rabiu Initiative, Mr. Ubon Udoh; Group Managing Director of Prime Atlantic, Mr. Ayo Otuyalo; and Chairman of Ibeju-Lekki Local Government and Chairman of Conference 57, Hon. Engr. Sesan Olowa.
Dr. Ayodele Ogunsan will continue as the Executive Secretary and Chief Executive Officer of the Lagos State Security Trust Fund, a position he assumed on October 31, 2025.
Governor Sanwo-Olu expressed appreciation to outgoing Board members who have completed their terms, commending their contributions to the Fund and wishing them success in their future endeavours.
Those who exited the Board include Mr. Segun Agbaje, Dr. Adesola Kazeem Adeduntan, Mr. Ebenezer Onyeagwu, Mr. Emeka Onwuka, Otunba Niyi Adewunmi, and Engr. Omotayo Bamgbose-Martins.
The Governor also expressed confidence that the newly appointed members would bring their wealth of experience and expertise to further strengthen collaboration between the government and the private sector in addressing security challenges.
The reconstituted Board is expected to enhance the LSSTF’s role in mobilising resources for security agencies in Lagos State through the provision of equipment, logistics and strategic interventions, while also promoting improved governance, accountability and innovation in tackling evolving security concerns in Nigeria’s commercial hub.
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