Kayode Ogunsua: Cocoa Tycoon and FCMB Investor

Kayode Ogunsua is the Managing Director and Chief Executive Officer of Olatunde International Limited, a leading non-oil exporting firm in Nigeria and a significant player in West African agribusiness. Under his leadership, the company exports over 20,000 metric tonnes of cocoa beans annually, with peaks above 42,000 metric tonnes valued at approximately $212.9 million.
Ogunsua has developed a sophisticated procurement network, including bonded export warehouses, with a key facility in Akure, Ondo State, which serves as a federally approved inland dry port, allowing direct container loading and customs clearance. His financial influence extends to holding 3.43 billion shares in FCMB Group, valued at around $30 million as of August 2026, positioning him among the top 30 richest investors on the Nigerian Exchange.
Ogunsua's entry into commodities trading began with his mother’s small cocoa business, and it has evolved into a family enterprise with his son Adekola managing operations and logistics, while Tejumade oversees business development.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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