Engr. Greg Ogbeifun

Ace Marine Engineer and passionate advocate of indigenous capacity development in Nigeria’s shipping industry, Engr. Greg Ogbeifun has announced his voluntary retirement from Starzs Investments Company Limited as Managing Director/CEO with effect from February 1, 20201.

This is sequel to his attainment of 70 years of age and having put in 35 years of meritorious service to the company and over 40 years of huge impact in the maritime industry. He is the immediate past and founding president of the Ship Owners’ Association of Nigeria SOAN.

The Board of Directors of Starzs Investments has also approved the appointment of Ms. Iroghama Obuoforibo, who had been the Chief Operating Officer COO of the company since 2014 as the new CEO in his stead.

Starzs Investments Company Limited, a foremost indigenous maritime logistics company servicing the Nigerian oil and gas industry was established by Engr. Ogbeifun in 1986.

A statement by the Company Secretary, Omogbal Omo-Eboh SAN, says Obuoforibo is a high achieving senior executive with a strong commercial, financial and operational track record spanning over 13 years across different industries.

“In her position as COO, Iroghama has drawn on her exceptional depth of expertise and entrepreneurial skills to lead strategy and policy, oversee business development, represent and promote the company’s interest amongst other roles. She has worked to maximise the company’s revenue performance and has recorded landslide achievements.

“Among several accomplishments, she helped the company qualify for a multimillion-dollar investment for the acquisition of a 90 Ton ASD Anchor Handling Tug Boat in 2015. Under her management, the company has grown its assets base from three ships in 2014 to 11 ships by July 2019”, the statement also said.

Available records show that Iroghama holds a B.Sc. degree in Biology and Psychology from the University of Massachusetts Boston and an M.Sc. in Public Health and Health Promotion from Brunel University London. She is also the winner of the first season of “The Next Titan Business Reality TV show”. Iroghama is an alumna of the Harvard Business School and a member of the Institute of Directors.

She is the current chairman, Finance and Membership Committee of SOAN. Iroghama’s entrepreneurial excellence has been recognised by several bodies as evidenced by the numerous awards she has won to mark her achievements.

Meanwhile, Ogbeifun is a Shell trained Marine Engineer and a dogged advocate for the advancement of the maritime industry in Nigeria and has contributed significantly to the national discourse for the transformation of the Maritime and Shipping sector. This cuts across a variety of topics such as human capacity development, establishment of National Shipping fleet, capacity development of ship owners and shipyard operators, accountability and transparency of industry regulators to name a few.

On the industry stratum, Engr. Ogbeifun during this period, pioneered the leadership of several organizations, including the First Nigerian Maritime Expo NIMAREX.

As a core Nigerian Ship Operator and Ship Repairer, Ogbeifun has focused on global best practices, selflessly championing the development of indigenous shipping and ship repairs in Nigeria. His concerns and continuous advocacy for the re-establishment of a Nigerian fleet trading globally, led to his being appointed a member of the Ministerial Committee for the establishment of a National Fleet by the Minister of Transport, Rotimi Amaechi.

Ogbeifun’s penchant for development of human capacity in the maritime sector led to him dedicating his companies, Starzs Investments Company Limited and Starzs Marine and Engineering Limited, as a platform for cadetship training for students from the Maritime Academy of Nigeria MAN, Oron and other Maritime tertiary institutions. Little wonder that he was appointed into the Ministerial Committee to restructure and reposition Maritime Academy of Nigeria MAN, Oron by the Honorable Minister for Transportation. The work of this committee contributed largely to the transformation of that institution into one of the best maritime academies in the world.

Engr. Ogbeifun turns 70 in February 2021 and retires from executive office within the company, he will remain a Non-Executive Chairman of the Board of Directors of Starzs Investments Company Limited. Even in retirement, he plans to continue impacting the maritime and shipping industry through numerous projects that he is privileged to spear head including the extensive expansion of the Starzs Marine and Engineering Limited (Starzs Ship Yard) in Onne, Rivers State as well as the Benin River Port project in Edo State.