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Directors & Management


Dr. Cletus Madubugwu Ibeto is the Chairman/CEO of The Ibeto Group.

He is a renowned and acknowledged industrialist, who has advanced the cause of international goodwill and understanding through his extensive international business undertakings and network.

A man of good character, good business and community reputation, he is focussed and dedicated to pursuit of excellence.

Dr. Cletus Ibeto holds a B.Sc. (Hon.) Degree in Accountancy from the University of Nigeria, Nsukka (UNN) and was also subsequently honoured with a Doctor of Business Administration (DBA) (Honoris Causa) by the same University, his Alma Mata.

In recognition of his outstanding contributions to the socio-economic development of the country and service to humanity, he was also honoured at various times by the Federal Government of Nigeria (FGN) with Office of the Order of the Niger (OON) and Commander of the Order of the Niger (CON).

He is a member of Institute of Directors Nigeria and also sits on the Board of several other reputable corporate organizations in Nigeria and beyond.

He is currently the Chairman, Governing Council, Nwafor Orizu College of Education, Nsugbe, Anambra State, South East of Nigeria.


Eze R. Echesi
Executive Director

Eze holds a Bachelor's Degree (B.Sc) in Economics from the University of Ife (now Obafemi Awolowo University), Advanced Professional Diploma (Dip. M) from the renowned Institute of the Chartered Institute of Marketing of the United Kingdom and, an MBA from the University of Lagos.

He is a member of various professional Associations including Chartered Institute of Stockbrokers and National Institute of Marketing of Nigeria and, a Director of many Companies including Access Bank (Gambia) Limited and, Access Bank (D. R. Congo) Limited.

Prior to his position as Group Executive Director (Operations & Investments), he was a two-term Honourable Commissioner for Finance and Budget in Anambra State and, during which time, he also served as the Chairman Forum of Commissioners of Finance of Nigeria.

He also had had extensive private sector working experiences in both banking and non-banking sectors and in which sectors he had held senior management positions. He was the Group Executive Director (Operations) and subsequently the Managing Director in a leading electronic broadcast media organization, Minaj Broadcast International and, also had held the position of General Manager/Divisional Head in more than one Bank.


Yadav Davender
Executive Director

Davender has over 25 years experience in Project Management, Construction Management, Quality Management, General Management, Power
Generation Projects, Cement Manufacturing, Logistics, Shipping of Cement, and Electricity Transmission and Distribution. Most of this time was in cement manufacturing.

He previously served as Chief Operating Officer, Ibeto Cement Company Ltd.

Earlier, he had worked for us as Senior General Manager from January 2003 to August 2006 when he left following the unjust closure of our plant by governmental fiat.

Until he returned to us, he worked for Ambuja Cements Limited, a leader in cement manufacturing and distribution in India.

Davender earned a Bachelor of Engineering (Electrical) from Panjab University in 1986.


Sir Augustine A. Nnabuchi
Executive Director
(Odoh Holdings)

Augustine Azuka Nnabuchi is a seasoned and well exprienced administrator.

He joined The Ibeto Group in September 1981 as Funds / Projects Co-ordinator and has risen to his present position by dint of hard work and total commitment to the goals of the organisation.

A former senior staff of the Anambra State Local Government Service, he has been able to effectively manage the properties and estates of The Ibeto Group.