A leadership transition has taken effect at Mouka Limited, with Oladimeji Adekunle Osingunwa formally assuming office as Managing Director from March 17, 2026. His appointment follows the exit of Femi Fapohunda, who stepped down on March 16 after a mutually agreed separation with the board.

Fapohunda leaves after a defining tenure that saw the company navigate one of Nigeria’s most difficult economic periods in recent years. Under his leadership, Mouka sustained growth, expanded its market share, and reinforced its position as a trusted household name despite prevailing headwinds.

Paying tribute, the board stated, “Femi’s steady and strategic leadership ensured that Mouka not only weathered economic headwinds but also emerged stronger and more competitive. We thank him for his invaluable contributions and wish him continued success in his future endeavors.”

The appointment of Osingunwa signals continuity and renewed ambition for the company. Having joined Mouka in 2016 as chief commercial officer, he has played a pivotal role in shaping its commercial strategy and strengthening its competitive edge within Nigeria’s fast-moving consumer goods sector.

Osingunwa brings with him extensive multinational experience, having held key roles at Cadbury Nigeria Plc (now part of Mondelez International), SC Johnson, and Twinning Ovaltine. His expertise spans commercial strategy, brand building, sales leadership, and route-to-market execution.

Endorsing the appointment, the board described him as “a true son of the house,” adding that “his deep understanding of our business, combined with his proven track record and strong leadership values, makes him the ideal leader to guide Mouka into its next phase.”

Osingunwa, in his acceptance, said, “I am honoured to take on this responsibility at such a pivotal time in our journey. Mouka’s strength lies in its people, its heritage, and its unwavering commitment to quality. Together, we will continue to build on this strong foundation, driving innovation, strengthening our market leadership, and delivering exceptional value to our customers and stakeholders.”

Beyond the corporate announcement, Osingunwa’s journey reflects a compelling story of growth, resilience, and purpose-driven leadership. Born and raised in Ketu, Kosofe, Lagos, with roots in Ilishan-Remo, Ogun State, his early life was shaped by the dynamism of grassroots Lagos and a strong sense of community that continues to define his leadership outlook.

Long before rising to executive leadership at Mouka, he had built a distinguished career across multinational organisations, consistently demonstrating an ability to drive growth and transformation. From developing commercial strategies at Twinning Ovaltine to leading sales excellence at SC Johnson, and delivering regional growth at Cadbury Nigeria Plc, his track record reflects both versatility and sustained performance.

Colleagues often highlight his people-centred leadership philosophy as a defining trait. He is widely regarded as a leader who prioritises empowerment and mentorship, fostering environments where individuals and teams can thrive. This approach has earned him deep respect within corporate circles and admiration within his community.

His contributions beyond the workplace have also drawn recognition. In acknowledgement of his impact and commitment to community development, he was conferred with the traditional title of Asiwaju of Ketu by Oba Isiaka Adetutu Oyero Balogun, the Alaketu of Ketu, an honour that underscores his influence beyond business.

Over the years, Osingunwa has garnered accolades across corporate and professional platforms, earning recognition for marketing excellence, leadership impact, and consistent performance. His reputation for integrity, discipline, and results-driven leadership has positioned him among Nigeria’s most respected commercial executives.

Academically, he has pursued continuous development, studying Statistics at Yaba College of Technology, earning an MBA from Lagos State University, and completing executive training at Lagos Business School. He is also currently pursuing a doctorate in International Business at Atlantic International University, reflecting a sustained commitment to learning and growth.

Within Mouka, his influence has already been significant. Combining data-driven strategy with a deep understanding of consumer behaviour, he has contributed to strengthening the company’s competitive edge and deepening customer trust in a highly competitive market.

Backed by over six decades of operations, Mouka remains a dominant player in Nigeria’s sleep products market, producing mattresses, pillows, and other comfort solutions for millions of households. As part of the Dolidol International Group, the company continues to leverage global expertise while maintaining a strong local footprint.

With the transition now complete, attention will turn to how Osingunwa shapes Mouka’s next phase one expected to be defined by innovation, market expansion, and sustained industry leadership.