Sanwo-Olu Reconstitutes LSSTF Board Of Trustees As Durosinmi-Etti Continues As Chair, Ogunsan As ES/CEO

The Executive Governor of Lagos State, Mr. Babajide Olusola Sanwo-Olu, has reconstituted the Board of Trustees of the Lagos State Security Trust Fund (LSSTF), reinforcing the state government’s commitment to strengthening internal security and public safety.

The newly reconstituted Board brings together a blend of seasoned private sector leaders, security experts, and key government officials, reflecting the Fund’s public–private partnership model that has been central to its success since 2007 when it was established.

The newly constituted Board continues to have Mr. Kehinde Durosinmi-Etti retained his Chairmanship of the Board. Other members of the Board who are 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 include the Group Managing Director/CEO 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.

Other fresh additions to the Board 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/Chairman of Conference 57, Hon. Engr. Sesan Olowa. Dr. Ayodele Ogunsan will continue in his role as the Executive Secretary/CEO of the Lagos State Security Trust Fund (LSSTF) which he assumed on Friday 31st October 2025.

The Governor expressed gratitude to the former members of the Board who have completed their terms of service, and wished them success in their respective endeavours. They include Mr. Segun Agbaje, Dr. Adesola Kazeem Adeduntan, Mr. Ebenezer Onyeagwu, Mr. Emeka Onwuka, Otunba Niyi Adewunmi, and Engr. Omotayo Bamgbose-Martins.

Also, Governor Sanwo-Olu expressed confidence that the new board members would bring in their expertise and experience to strengthen collaboration between the government and the private sector.

The reconstitution of the Board is expected to further the critical role of the LSSTF in mobilising resources to support security agencies operating within Lagos State through the provision of equipment, logistics, and strategic interventions. It will also enhance governance, accountability, and innovation in addressing evolving security challenges in the nation’s commercial nerve centre and West Africa’s economic hub.