Lummus Technology, a global leader in process technologies and value-driven energy solutions, has announced the appointment of Edosa Obayagbona as its new Executive Vice President and Chief Financial Officer (CFO). Obayagbona will join Lummus’ executive team and oversee all financial operations, encompassing accounting, reporting, audit, tax, treasury, and investor relations.
Leon de Bruyn, President and CEO of Lummus Technology, expressed his confidence in Obayagbona’s ability to accelerate the company’s growth and strengthen its financial performance. De Bruyn highlighted Obayagbona’s impressive track record of financial leadership and his proven ability to drive operational excellence, emphasizing that these qualities will be crucial for Lummus’ future success.
Obayagbona expressed his enthusiasm for joining Lummus, emphasizing the company’s 115-year commitment to excellence and its position at the forefront of its industry. He expressed his eagerness to collaborate with the team to foster long-term, sustainable growth and navigate the evolving landscape of the industry.
Obayagbona brings a wealth of experience and global leadership in manufacturing, financial management, capital markets, strategy, and risk management. His most recent role was as CFO for Univation Technologies, a wholly owned subsidiary of Dow Inc. Before this, he held several key positions at Dow, including CFO for Dow Latin America, Managing Director for Dow West Africa, and CFO for the Dow India sub-continent region. Obayagbona also served on the boards of directors for several of Dow’s joint ventures and portfolio companies. Prior to joining Dow, he held positions of increasing responsibility in financial management at Koch Industries Inc.
Obayagbona holds a Master’s degree in Business Administration from Clark Atlanta University and a Bachelor’s degree in Chemical Engineering from London South Bank University. He is also a Chartered Financial Analyst (CFA).
Lummus Technology is a global leader in developing technology solutions that contribute to modern life and promote a sustainable, low-carbon future. The company licenses process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing, and supply lifecycle services, catalysts, proprietary equipment, and digitalization to customers worldwide.
