Benjamin Nwaezeigwe is currently the Managing Director/ CEO of Eterna PLC. He is the founder and former Chief Executive Officer of BHR International Ventures Limited (BHR), a privately owned indigenous downstream company in Nigeria. He transformed BHR into a value-adding company which specializes in the retail and domestic distribution of Liquefied Petroleum Gas (LPG).
Before starting BHR, Ben worked at Rainoil Limited and rose to the position of Deputy General Manager in Group Operations, overseeing activities of the Company’s depots at Ijegun, Oghara, & Calabar. He also supervised the trading and marine Operations. He demonstrated his prowess as a strategist in leadership, operations, marketing and sales, with a talent for effective transition of boardroom strategy to actual field implementation. He developed global marketing strategies for the Company and set up a formidable sales team that sold over 5 billion litres of white products in 5 years (Calabar depot only).
By establishing throughput arrangements with major depots in Lagos and Port Harcourt, he increased Rainoil’s market share, particularly in Automobile Gas Oil (AGO) sales and distribution. The Company’s top line improved by 17 per cent as a result of this. He supervised and coordinated the Company’s petroleum products terminal activities at Calabar Tank Farm as a Depot Manager, putting in place business goals, targets, and plans that improved the depot’s overall performance from “slightly” to “outstanding- depot of choice”. When he was deployed to the position of an internal auditor, he was surely on the fast track to success. He audited nearly 23 stations in 9 States in Nigeria throughout this mission. He successfully managed 3 retail outlets as a Station Manager from 2008 when he joined Rainoil Limited. He was instrumental in the establishment of 6 Retail Outlets in Cross River and Akwa Ibom States. He was a driving force behind the construction and setting up of the modern Logistics truck Park at Calabar. He was actively involved in the remodelling and expansion of the Premium Motor Spirit (PMS) storage tank at Tank Farm, Calabar.
Previously, he was a Receiving Manager at Infranell Systems Ltd. He started his career with Nu-Metro Ltd (A south African firm) as a Receiving officer in 2005. Ben is a graduate of Ambrose Ali University, Edo State where he earned a B.Sc. degree in Industrial Chemistry. He also holds a Master of Business Administration degree in Production and Operations Management from Lagos State University.