C & I Leasing Corporate profile C & I Leasing Plc C & I leasing Plc is the foremost brand for finance leases, and other ancillary services in Nigeria. With a current market capitalization base of over N12 billion (approximately $100 million), a staff strength of over 2,000 people and operational offices in key locations in Nigeria and Ghana, the company takes pride in its track record of exceptional and qualitative service delivery. Today, the C & I leasing Plc brand presence can be felt in major sectors in the Nigerian economy, providing specialized services, in Marine, Telecommunications, Oil and Gas, Equipment Rentals, Manpower Outsourcing and Transportation. History C & I Leasing Plc was incorporated in 1990 as a limited liability Company. Licensed by the Central bank of Nigeria to offer operating and finance leases and other ancillary services, the Company commenced full operations in 1991. In 1997, C & I leasing Plc concluded a major restructuring and diversification project that saw its conversion to a public company with its shares listed on the official list of the Nigerian stock exchange as the only leasing and rental Services Company. C & I Leasing Plc has enjoyed consistent growth over the years and has expanded its scope of business to cover major sectors of the Nigerian economy and indeed the west coast of Africa. Our Culture The C & I Leasing brand has over the years been modeled to reflect a warm and friendly disposition. We believe strongly in the right of our customers to great service backed by our core values of fairness, integrity, responsibility, excellence and safety. At C & I Leasing, Our employees address themselves on first name bases, and enjoy a relaxed and open work environment designed to encourage and foster innovativeness. The C & I Leasing Group C & I leasing Plc., which primarily started out as a finance leasing company has over the years grown to become the foremost name for support services in Nigeria. The company now has over nine divisions and subsidiaries under its auspices, making up the C&I Leasing group with interests in Marine, Telecommunications, Oil and Gas, Equipment Rentals, Manpower Outsourcing and Transportation.
Financial Services C & I Easi Lease is easily the most recognizable brand for finance and corporate leases in Nigeria. Our Financial services unit has a proven track record of quality service spanning over twenty years, offering carefully tailored services. Xlease.com: This is an online portal under the auspices of the Financial services unit for the sale of x-lease assets (either end of tenor or repossessed). The items range from cars to household items Commercial Paper: We offer a wide range of investment opportunities. Investors can place as little as N200, 000 and above with C & I Financial services (Treasury) for a minimum tenor period of three (3) months with a rewarding growth in investment. The interest rates on investment are very competitive depending on the value invested and tenor. Special projects: C & I Special Projects team was established to provide procurement services to different sectors of the Nigerian economy and engage in Joint Venture Partnership and Management with organizations when needed. We take pride in creating value through qualitative service delivery, backed by our prowess in accessing funds locally, a customs bonded warehouse and of course, a good brand. Hertz / Fleet Management C&I Leasing offers a bouquet of carefully structured services to meet the needs of our clients in the areas of fleet management and maintenance. These services include: Hertz Rent-A-Car. We are the sole franchisee and operator of the popular Hertz-Rent- A-Car brand in Nigeria. The company currently manages over a thousand vehicles and professional chauffeurs around the country; offering, Pick up and drop off, Airport shuttle and daily rental services. Fleet Management. C&I Fleet Management offers well-structured fleet management solutions to meet our client's needs. Our fleet management solutions include: - Light fleet management - Medium and heavy fleet management, - Operate and maintain services - Maintain only services Equipment Rental. C & I Equipment rentals provides heavy equipment like, forklifts, cranes, bulldozers, Pay loaders, and other heavy equipment on lease and rentals.
C&I Outsourcing C&I Outsourcing Ltd is a licensed provider of manpower recruitment, training, personnel outsourcing and human resource consultancy services. Our services are sub divided into two major categories to provide strategic support for our clients: Personnel Outsourcing. Our solutions are focused on delivering the right people in the most cost effective manner. In C&I Outsourcing we believe in the right of our clients to harness the possibilities inherent in a service that enables them focus on their core competence while we manage the intricacies surrounding their personnel management. Suzuki Driving School. The Suzuki driving school is a FRSC licensed training school that is equipped with modern driving simulators and seasoned instructors. Our courses are carefully planned to cover all aspects of driving, and includes a driver education curriculum that trains employees, who although are not employed as chauffeurs, drives the company vehicles due to the nature of their jobs. THE SUBSIDIARIES Citrans Global Citrans Global Ltd., is the owner and operator of the popular Red cab in Lagos state. The company is a subsidiary of C&I Leasing Plc., and was established with a vision to provide safe, comfortable and reliable modern taxi services. C&I Motors C&I Motors Limited is a subsidiary of C & I Leasing Plc. and franchisee for Suzuki vehicles in Nigeria. With direct technical support from Suzuki, Japan, C&I motors provides sales of the newest Suzuki vehicle models and after sales support for its clients all over the country. C&I Petrotech C & I Petrotech Marine Limited is a subsidiary of the C & I Leasing Group. The company was incorporated in August 2006 to manage and operate all the offshore support vessels and related marine services contract with oil majors in the Nigerian offshore sector. The core services of C & I Petrotech Marine are the provision of marine services to both onshore and offshore terminals including the following: Berthing and Escort
Mooring support Line and Hose Handling Pollution Control Citracks Citrack Telematic Solutions Ltd. is a joint venture company between Gambus Asset Tracking Ltd (GAT), a provider of asset monitoring solutions and C&I Leasing Plc. The company provides cutting edge solutions like the CTS 3 that provides superior asset monitoring and facilitates significant cost reduction and safer operations Leasafric Ghana Leasafric is a subsidiary of C&I Leasing Plc, based in Ghana. It is the largest leasing company in Ghana and provides professional lease options for individuals and corporate bodies.
Key Directors and Management Team Chairman Board of Directors: AVM Bello retired from the Nigerian Air Force as Chief of Air Staff in 1983. He is a former Chairman of NAL Merchant Bank Ltd. Presently, Chairman/Director in several companies including the Nigerian subsidiaries of Dornier AEIP and DHL International Managing Director / CEO Mr. Chukwuemeka Ndu, a Chartered Accountant and Managing Director/Chief Executive Officer of C&I Leasing Plc, was until June 2000 the Chairman of the Equipment Leasing Association of Nigeria (ELAN). Mr. Emeka Ndu acquired auditing and consulting experience with PriceWaterhouseCoopers. Prior to establishing C&I with a group of investors Mr. Ndu had worked for the Ibru Group, as Group Finance Manager of the Fishing Group and Ventures & Trusts Ltd., a venture capital company, as an investment executive. Mr. Ndu has served as the Chairman of the Shipping and Marine Services Sub-Committee of the National Consultative Forum set up by the Nigerian National Petroleum Corporation (National Content Division) to promote indigenous content in the Nigerian oil & gas industry. He has also served as Chairman on a similar committee set up by the Nigeria Maritime and Safety Administration (NIMASA). Executive Director Mr. Andrew Otike-Odibi joined the service of C & I in December 1998 as a Senior Manager in the company s Port Harcourt Office. He rose to the post of General Manager (Business Development) and was appointed to the Board in November 2007. Prior to joining C & I, Mr. Otike-Odibi was a Branch Manager with Diamond Bank Plc. Mr. Otike-Odibi graduated in 1988 with a B.Sc. in Accountancy from the University of Benin and obtained an M.Sc. from the same University in 1990. He also holds an MBA from the University of Benin (1991). He has attended several local and overseas courses. Head, Northern Region Ms. Ruth Nosamu holds a Higher National Diploma in Town Planning from The Polytechnic Ibadan (1992). In addition to this, she is a member of the Institute of Business Development and is also a certified management consultant and member of the Institute of Management Consultants of Nigeria. Ms. Nosamu joined C & I in 2003 in the Human Resources function after which she headed the Administration unit for three years.
Head, Hertz / Fleet Management Mr. Ayodele Johnson Babatunde joined the service of the company in December, 2007 as a Management Accountant. Prior to joining the company, he worked with Truevineglobal Asset Management as the Head of Financial Control. Mr. Babatunde holds a B.sc in Accounting from the University of Lagos, and is an associate member of the Institute of chartered Accountants of Nigeria, the Chartered Institute of Taxation of Nigeria and a member of the Chartered Institute of Stockbrokers. Head Finance Aiyeola Sunday Adesoji joined the services of C&I Leasing Plc in August 2008 as an Accountant. Prior to joining the company, he worked with Dangote Flour Mills Plc as the Head of Accounts. A Chartered Accountant by profession, he also holds a B.SC in Economics, with over 15 years of professional experience. Head, Internal Control & Quality Assurance Unit Adetayo Abiodun Olugbenga joined C&I Leasing Plc., in 2007, as an Internal Control Officer. He holds an HND in Accountancy from the Lagos City Polytechnic Ikeja, Lagos in 2006. Prior to joining the company, he had worked as an Internal Auditor for Sweet Sensation Confectionary. Mr. Adetayo is a member of the Institute of Chartered Accountants of Nigeria, 2009; and a Certified Internal Control Professional, 2012. Head, Information Technology Mr. John Usuanlele joined C & I in 2001 as a computer analyst. He holds a Post Graduate Diploma in Computer Science from the University of Benin (1998) and a B.Sc. in Applied Science. Prior to joining the company he worked with Maaji Consultants Limited as an IT consultant and audit trainee. Head, Human Resources Timothy, Emmanuel Udoh joined the service of the company in March 2011 as Human Resources Manager. Prior to joining the company, he worked with Dorman Long Engineering Ltd as Human Resources and Admin Manager. He is armed with a degree in Business Administration from the University of Benin, Benin City in 1988. He is a Full Member of the Nigerian Institute of Management (NIM), September 2003, and Member of the Chartered Institute of Personnel (CIPM), October, 2004.
Head, Outsourcing Mr. Chiobi Ikechukwu Edwin joined C&I in January 2007 as an Assistant Manager, Operations, in C & I Outsourcing, a division of C & I Leasing Plc. Mr. Chiobi is an associate member of the Institute of Chartered Accountants of Nigeria and has worked in several financial advisory positions prior to joining C & I Leasing, Including, Elmack Nigeria Limited as the Head of Financial Control & Logistics. HEAD OF SUBSIDIARIES Managing Director, Citrans Global Stella Okolo joined the service of the company as a Client Service Executive in August 1991 She holds a B.Sc. (Hons) and an MBA. Due to hard work and dedication she later became Head, Logistics and Outsourcing services, a position she held till October 2007 when she became Head, WAP Distributions Limited (a subsidiary of C & I leasing). Stella holds an MBA. Prior to joining the company, she worked with the 3C Organization. Acting, Managing Director, C&I Motors Ltd Ms. Maureen Ogbonna joined C & I in October 2000 as Manager (WAP division) and later became Manager (Finance Lease). She holds a first degree in Industrial Chemistry from Federal University of Owerri in 1991. Prior to joining C&I, Maureen worked with SCOA as AGM Trading Import Division. General Manager, C&I Petrotech Marine Ltd Mr. Wisdom Nwagwu is a well experienced Marine engineer; he got his Class One certificate of competency from the South Tyneside College, South Shields, United Kingdom, in 1993, and he holds a diploma in Ship s Superintendency from the prestigious Lloyds Maritime Academy, United Kingdom in 2005. Prior to joining C&I Petrotech Marine in December 2011, Mr. Nwagwu spent 11years at Lamnalco Ltd and his last 4years was in the position of Fleet Manager - West Africa, responsible for Lamnalco s operations in Cameroon, Equatorial Guinea, Angola and Ivory Coast
General Manager, Leasafric Mr. Mbakogu Alexander graduated from the University of Nigeria, Nsukka with a B.Sc in Accounting and an MBA in Finance from the University of Lagos. Prior to joining Leasafric Ghana, Mr. Mbakogu had held several positions in C&I Leasing Plc, including Management Accountant and Head Treasury, and Manager, Finance and Accounts. He is an associate member of the Institute of Chartered Accountants of Nigeria, the Institute of Credit and Risk Administration of Nigeria and the institute of Chartered Management Accountants of Nigeria.