After years of driving sweeping operational turnarounds at Nigeria’s largest electricity distribution company, Folake Soetan has stepped into a massive new arena.
The former CEO of Ikeja Electric has transitioned to the helm of Arahas as Managing Director. She brings her signature blend of customer-centric innovation and execution discipline to Sahara Group’s broader power and upstream energy portfolio, signaling a major strategic push for the conglomerate across Africa.
In her new role, Soetan will lead the drive to embed Arahas’ core mantra of delivering high-impact, value-driven solutions to partners and stakeholders.
Her mandate reflects a broader strategic intent to strengthen Arahas as a globally competitive platform rooted in African expertise, engineering excellence, and operational reliability. It is also expected to accelerate Arahas’ ability to deliver efficient solutions that optimise production, extend asset life, and enhance operational certainty across the energy lifecycle.
Adedeji Odunsi, Executive Director, Sahara Group, said the development in Arahas, a Sahara Group Oilfield Services Company, reinforces the energy and infrastructure conglomerate’s dedication to making a difference in the energy sector through long-term vision and growth priorities. The appointment takes effect on July 1, 2026.
