Today, we are crushing on Folake Soetan as we are inspired by her achievements.
Folake Soetan is a renowned CEO and leader in the Nigerian energy sector. She is the CEO of Ikeja Electric, one of the largest electricity distribution companies in Nigeria. Soetan’s career in the energy sector spans over two decades, and she has played an instrumental role in transforming the sector through her leadership and vision.
Folake Soetan boasts over 20 years of experience as a successful commercial and business executive in the Aviation, Oil & Gas, and Power sectors. She is an alumna of both Harvard Business School and the University of Lagos, where she developed a reputation for business transformation, management, team leadership, and mentorship.
Soetan began her career in the Aviation sector before moving to Sahara Group in 2009. Prior to her appointment as Vice President, Downstream-West Africa, she founded SO Aviation in Nigeria, which she later expanded to Ghana. Under her leadership, SO Aviation grew its market share and improved its ranking from 7th to 3rd position.
Currently serving as the Chief Executive Officer of Ikeja Electric Plc., the largest electricity distribution company in Sub-Saharan Africa, Soetan continues to be a transformational leader and a champion of leading with empathy.

Under Soetan’s leadership, Ikeja Electric has undergone a remarkable transformation. The company has invested heavily in its network infrastructure, including the installation of smart meters and the rehabilitation of existing distribution assets. Soetan has also overseen the implementation of several customer-centric initiatives, aimed at improving the customer experience and promoting customer satisfaction
Soetan is a strong advocate for gender equality and women’s empowerment. She is a member of the Women in Management, Business and Public Service (WIMBIZ), a non-profit organization that promotes women’s leadership and entrepreneurship in Nigeria. Soetan has also been actively involved in mentoring young women and promoting their participation in the energy sector.

In conclusion, Folake Soetan is a highly qualified and experienced leader in the Nigerian energy sector. It is no doubt that her educational qualifications and professional experience have equipped her with the skills and expertise needed to drive the transformation of the sector. Soetan’s leadership has been instrumental in transforming Ikeja Electric and promoting customer satisfaction, and she is a strong advocate for gender equality and women’s empowerment.
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