Profile: Afolabi Akinrogunde – Shell Head, Commercial Growth and Partnerships

Shell leader

Afolabi Akinrogunde has been appointed Shell Head, Commercial Growth and Partnerships to lead the Oil giant’s business partnership operations. Afolabi was previously Shell’s senior Deal and commercial lead.

Shell Career

Sr. Deal & Commercial Lead (Head, Commercial Growth and Partnerships) Shell Energy Nigeria November 2023 – Present | Lagos, Nigeria

  • Driving the delivery of a robust commercial growth agenda, including a pipeline of over $125 million in innovative gas, power, and infrastructure projects.
  • Leading deal origination, structuring, negotiation, and execution across gas commercialization, power, and renewables value chains.
  • Spearheading strategic partnerships and business development initiatives to support Shell Energy Nigeria’s growth in Nigeria’s energy sector.

Chief Investment Officer All On (Shell Impact Investment Initiative) 2019 – 2023 | Lagos, Nigeria

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  • Led investment strategy and portfolio management for Nigeria’s premier off-grid energy impact investment platform.
  • Built and managed a portfolio of 54+ companies addressing energy access challenges for unserved and underserved markets.
  • Originated, structured, and closed tens of millions of USD in investments across solar, mini-grids, and clean energy solutions, significantly scaling manufacturing, distribution, and market development in Nigeria.

Exploration and Shallow Water Economics Lead / Business Economist / Business Development Adviser The Shell Petroleum Development Company (SPDC) & Shell Nigeria Gas Limited Prior to 2019 | Nigeria

  • Held progressive commercial, economic, and business development roles within Shell companies in Nigeria.
  • Provided economic analysis and commercial leadership for exploration, shallow water assets, and gas-to-power/gas commercialization initiatives.
  • Contributed to strategic business development and stakeholder engagement in upstream oil & gas and gas infrastructure projects.

Additional Experience

  • Earlier career included roles in marketing communications and telecommunications (including Globacom).
  • Board Member roles (current):
    • GVE Projects Limited (Nigeria’s leading indigenous mini-grid and solar energy company) – Sep 2022 – Present
    • Solstroem Aps (Carbon Clear) – Jan 2022 – Present
    • Auxano Solar Limited (Nigeria’s premier solar panel assembly company) – Mar 2021 – Present

Education

He holds a Master of Science (MSc) in Public and International Affairs University of Lagos and a Master of Business Administration (MBA) in Marketing Ambrose Alli University, He also attended the  Copenhagen Business School (international exposure during studies).

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