Leventis Motors is the home of commercial vehicles in Nigeria, renowned in the Nigerian Automobile industry for its quality products & services. It is the only automobile company in Nigeria with a network of seven operating branches across the country, making Leventis Motors a leader in pan-nigerian service.






    The Real Estate Division of A.G. Leventis (Nigeria) Plc. is a vibrant, customer service focused, accommodation agent within the Group. Leventis Real Estate is a leader in both residential and commercial real estate property management in Nigeria. 





Corporate Governance

A.G. Leventis (Nigeria) Plc., is committed to the best practices in corporate governance; hence the Board is continually reviewing corporate governance standards and procedures in the light of the current developments in and outside Nigeria. It recognizes that corporate governance is fundamental to earning the confidence and trust of the shareholders and consequently provides the structure through which the objectives of the Company are set and the means of attaining such objectives.

The Board is guided in their Corporate Governance policies by the provisions of the Code of Corporate Governance (“the Code”) which came into effect on April 1, 2011 and their policies are designed to ensure that the Company's business is conducted in a fair and transparent manner which conforms to high ethical standards. The governance framework helps the Board to discharge its roles of providing oversight and strategic counsel in balance with their responsibility to ensure conformity with regulatory requirements and acceptable risk.

In compliance with Section 34(4) of the Code, it is hereby reported as follows:


The Directors of the Company are professionals who are well established in various fields of endeavor such as Engineering, Accountancy, Marketing, Administration, Business, Law, Economics etc., creating a good skills- mix and wealth of experience which they have brought to bear on deliberations at Board meetings and in the exercise of their oversight functions.

The Board governs and supervises the overall activities of the Company through the Group Managing Director.


The composition of the Board of Directors of the Company is as follows:

  • Chief Joseph Babatunde Oke - OON 
  • Ahmed Kazalma Mantey 
  • Anastasios Ioannis Leventis (British)
  • Haralambos George David (Cypriot)
  • Michael E. Economakis (Greek)
  • Suleiman Abubakar
  • Orikolade Karim
  • Kenny Ezenwani Odogwu


The Directors are in the process of formalizing a Charter and a Code of Business Ethics for the Group. The Charter provides for the following as the roles and responsibilities of the Board of Directors:

  • Strategy and Planning
  • Staffing at Board and Senior Management Levels & Succession Planning
  • Executive Remuneration
  • Performance Monitoring
  • Risk Management and Internal Control
  • Audit and Compliance
  •  Capital Management and Financial Reporting
  • Communication with the shareholders and management of investor relations
  • Board and its Committees' accountabilities and responsibilities

The Board is alive to its responsibilities which primarily involves the creation of stakeholder value and ensuring the success of the Company. The Board is responsible for ensuring that the affairs of the Company are run in an efficient manner and in compliance with applicable regulations. Members of the Board are required at all times to act in the best interest of the Company in the articulation and formulation of its strategic direction. The Board of Directors is dedicated to ensuring that the Company achieves its objectives.Printed Material

The company produces a detailed Annual Report including Financial Statements, which provide insight about the business and its financial results, according to relevant international and local standards and regulations. In addition, the Company publishes full year and half year results.

Transparency in financial reporting and internal control

The company produces annually a comprehensive Annual Reports & Financial Statements in compliance with the Companies and Allied Matters Act, CAPC20, LFN 2004 and other relevant accounting standards and regulations. In addition, the company has in place adequate internal control procedures that compel staff compliance with the Company’s standard operating procedure.

Whistle Blowing Policy

The company has put in place a Whistle Blowing Policy which is known to all stakeholders.  The policy has a dedicated «hotline» and email system which could be used anonymously to report unethical practices

Best Practices

The  Company and its subsidiaries are committed to ensuring that internationally recognized best practices in corporate governance are observed in all areas of the Company’s business. 
The policies are constantly reviewed with a focus on high ethical standards of honesty, integrity, accountability and transparency.